In 2023, Madagascar led global cloves export volume with 45.45 thousand metric tons, followed by Indonesia at 30.3 thousand metric tons. Sri Lanka increased its export volume by 10.76% year-on-year, while Brazil saw a decline of 7.79%. The United Arab Emirates and the Netherlands maintained stable exports, with no change from the previous year. Tanzania's exports dropped to zero in 2023. The average CAGR over the last five years indicates an overall positive trajectory for Madagascar and Sri Lanka, whereas Brazil shows a negative trend.
Future trends to watch include potential consolidation in Madagascar’s leadership in cloves export volume, strategies for Indonesia to regain market share, and Sri Lanka's continued upward momentum. Monitoring economic and agricultural policies in these countries will be crucial to understanding future shifts in global cloves export dynamics.
Top countries in Cloves Export Volume Share by Country (Thousand Metric Tons)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Madagascar | 45.45 | 2023 | +3.45% | +5.46% | View data |
| 2 | 2 Indonesia | 30.3 | 2023 | +5.26% | 0% | View data |
| 3 | 3 Sri Lanka | 7.58 | 2023 | 0% | +10.76% | View data |
| 4 | 4 United Arab Emirates | 4.55 | 2023 | 0% | 0% | View data |
| 5 | 5 Brazil | 3.03 | 2023 | 0% | -7.79% | View data |
| 6 | 6 Netherlands | 1.52 | 2023 | 0% | 0% | View data |
| 7 | 7 Tanzania | 1.52 | 2023 | -100% | View data |
