The leading exporter of cloves is Madagascar, significantly ahead with an export value of $149.87 million. Singapore follows at $85.54 million, and Indonesia at $41.57 million. Other notable exporters include Brazil, United Arab Emirates, Sri Lanka, Tanzania, Netherlands, India, and Germany. Over the last two years, Madagascar has experienced a surge in demand, primarily driven by global spice consumption trends. Singapore's high export value reflects its role as a re-export hub. The compound annual growth rate (CAGR) over the last five years highlights Madagascar's consistent gain in market share).
Future trends to watch include the impact of climate change on clove production in major exporting regions like Madagascar and Indonesia. Additionally, shifts in global spice demand could alter the competitive landscape. Sustainability practices and organic farming may play a crucial role in attracting premium markets, while geopolitical factors and trade agreements will continue to influence export dynamics.
Top countries in Top Exporters of Cloves
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Madagascar | 149.87 | 2016 | |
| 2 | 2 Singapore | 85.54 | 2016 | |
| 3 | 3 Indonesia | 41.57 | 2016 | |
| 4 | 4 Brazil | 25.65 | 2016 | |
| 5 | 5 United Arab Emirates | 14.02 | 2016 | |
| 6 | 6 Sri Lanka | 13.45 | 2016 | |
| 7 | 7 Tanzania | 10.34 | 2016 | |
| 8 | 8 Netherlands | 6.72 | 2016 | |
| 9 | 9 India | 6.64 | 2016 | |
| 10 | 10 Germany | 4.11 | 2016 |
