As of 2023, the import of cloves to the US stood at approximately 1.820 million kilograms. The forecast data from 2024 to 2028 shows a steady and modest increase in import volumes, suggesting a year-on-year growth of around 0.9% to 1.0% annually. The compound annual growth rate (CAGR) over the forecast period reflects an average annual increase of 0.9%.
Future trends to watch for include:
- Potential shifts in global supply chains that might affect clove availability due to geopolitical changes or trade agreements.
- Changes in consumer demand influenced by trends in culinary arts, holistic medicine, and fragrance industries.
- Environmental conditions impacting clove production, especially in key growing regions.