What is the price of cloves per kilogram/pound in China today?
The retail price range for China cloves is between US$ 3.40 and US$ 5.05 per kilogram or between US$ 1.54 and US$ 2.29 per pound(lb). Click here to see today's exact prices of cloves in China
The retail price range in Yuan Renminbi for cloves is between CNY 23.84 and CNY 35.42 per kilogram or between CNY 10.81 and CNY 16.06 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China cloves is between US$ 2.38 and US$ 3.54 per kilogram or between US$ 1.08 and US$ 1.60 per pound(lb).
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China Cloves Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cloves from China over the last five years has seen a steady decline. In 2017, the price was 6.00 US dollars per kilogram, and in 2021 it was 6.60 US dollars per kilogram. The lowest price was recorded in 2019, at 3.38 US dollars per kilogram. The current price is 7.17 US dollars per kilogram. Based on the data, it is predicted that the export price per kilogram of Cloves from China in 2023 will be 5.83 US dollars and in 2024 it will be 5.64 US dollars.The cloves exports from China are classified as:
- Cloves, whole fruit, cloves and stems (HS code 090700)
- Cloves, whole fruit, cloves and stems, neither crushed nor ground (HS code 090710)
- Cloves, whole fruit, cloves and stems, crushed or ground (HS code 090720)
China Cloves Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cloves into China has seen a steady decline over the past five years. In 2017, the price was $6.00, followed by $4.31 in 2018, $3.38 in 2019, $3.57 in 2020, and $6.60 in 2021. This indicates a significant decrease in the price of Cloves over the past five years. The highest price was recorded in 2014, when the import price per kilogram was $12.68. The lowest price was recorded in 2019, when the import price per kilogram was $3.38. Based on the current trend, it is predicted that the import price per kilogram of Cloves into China will be $7.17 in 2022 and $6.45 in 2023. In 2024, the import price per kilogram of Cloves into China is expected to be $5.80.Export values for China cloves
The total values in export for cloves in China were US$ 7,216, US$ 6,384, US$ 10,768 and US$ 10,608 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in China: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cloves in other countries across Asia: Kazakhstan cloves, Kyrgyzstan cloves, Tajikistan cloves, Turkmenistan cloves, Uzbekistan cloves, China cloves, Hong Kong cloves, Macao cloves, North Korea cloves & Mongolia cloves.
China cloves - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 3,144 tonnes of cloves. For 2019 alone, the interest in China cloves (herbs and spices category) has improved, with a change of 25.962 % compared to the year 2018. Between 2017 and 2019, cloves' exports grew by 195.49% bringing the nation US$10.61m for the year 2019. China's cloves exports are classified as:
- Cloves, whole fruit, cloves and stems, neither crushed nor ground (HS code 090710)
- Cloves, whole fruit, cloves and stems (HS code 090700)
- Cloves, whole fruit, cloves and stems, crushed or ground (HS code 090720)
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China cloves export values
In 2019, China exported cloves worth 10.61m USD, a reduction of -1.47% from 2018's total cloves export of 10.768m USD. The yearly change in value of China cloves between 2017 to 2018 was 68.672 pc.
The per year variation in the amount of China's cloves exports between 2017 and 2019 was 195.49% compared to a variation of 25.962% in the period between 2018 and 2019.
Export markets for China cloves ( in '000$ )
China's leading export markets for cloves are Ethiopia, Hong Kong, Vietnam, US and Thailand.
China purchased 2,856 tonnes of cloves in 2019.
Production
The production of cloves in China was 33,672 tonnes in 2019 and is estimated to change by an average of 3.39%. The country had approximately 24,864.00 hectares under cloves cultivation.