In 2023, India's cloves stock stood at 5.0 thousand metric tons. The forecasted data from 2024 to 2028 indicates stability in the cloves stock for the initial years, maintaining at 5.0 thousand metric tons through 2025, followed by a rise to 6.0 thousand metric tons from 2026 onwards. The year-on-year variation remains steady with no change between 2024 and 2025, and a 20% increase in 2026, stabilizing thereafter.
Future trends to watch for include:
- The impact of climatic changes on clove production.
- Shifts in consumer demand influencing stock levels.
- Market tensions or policy changes affecting import/export dynamics.
