What is the price of cloves per kilogram/pound in Eritrea today?
The retail price range for Eritrea cloves is between US$ 2.32 and US$ 4.35 per kilogram or between US$ 1.05 and US$ 1.97 per pound(lb). Click here to see today's exact prices of cloves in Eritrea
The retail price range in Nakfa for cloves is between ERN 34.84 and ERN 65.32 per kilogram or between ERN 15.80 and ERN 29.62 per pound(lb) in Asmara and Mitsiwa.
Wholesale prices
In 2024, the approximate wholesale price range for Eritrea cloves is between US$ 1.63 and US$ 3.05 per kilogram or between US$ 0.74 and US$ 1.38 per pound(lb).
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Eritrea Cloves Export Prices - Historical, Trends and Prediction
The export price of cloves from Eritrea has seen a significant fluctuation over the past five years. In 2012, the price per kilogram was 6.68 US dollars, which increased to 12.19 US dollars in 2013. However, the price dropped to 4.46 US dollars in 2014. In 2019, the price rose again to 7.45 US dollars, and in 2020, it decreased to 6.2 US dollars. Based on this data, it is predicted that the export price of cloves from Eritrea will remain relatively stable in the next few years, with an estimated price of 6.20 US dollars in 2023 and 6.25 US dollars in 2024.Eritrea Cloves Import Prices - Historical, Trends and Prediction
The import price of cloves into Eritrea over the last five years has been quite volatile. In 2012, the price per kilogram was 6.68 US dollars, which then rose to 12.19 US dollars in 2013. However, in 2014, the price dropped to 4.46 US dollars. In 2019, the price rose again to 7.45 US dollars, before dropping to 6.20 US dollars in 2020. Based on this data, it is likely that the import price of cloves into Eritrea will remain relatively stable in the next few years. We predict that the price per kilogram in 2023 will be around 6.50 US dollars, and in 2024 it will be around 6.75 US dollars.Export values for Eritrea cloves
The total values in export for cloves in Eritrea were US$ 122, US$ 920 and US$ 168 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Eritrea: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cloves in other countries across Africa: Algeria cloves, Angola cloves, Botswana cloves, Burundi cloves, Cameroon cloves, Cape Verde cloves, Central African Republic cloves, Comoros cloves, DRC Congo cloves & Benin cloves.
Eritrea cloves - Production, Exports, Imports, Seasons and HS Codes
In 2019 Eritrea exported 18 tonnes of cloves. Across 2019 alone, the market for Eritrea cloves (herbs and spices category) has reduced, flactuating by -86.667 percent compared to the year 2018. Between 2017 and 2019, cloves' exports increased by 38.46 pc bringing the nation US$0.17m for the year 2019. Eritrea's cloves exports are classified as:
- Cloves, whole fruit, cloves and stems, crushed or ground (HS code 090720)
- Cloves, whole fruit, cloves and stems, neither crushed nor ground (HS code 090710)
- Cloves, whole fruit, cloves and stems (HS code 090700)
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Eritrea cloves export values
In 2019, Eritrea shipped cloves costing 0.17m USD, a reduction of -81.52% from 2018's total cloves export of 0.92m USD. The annual change in value of Eritrea cloves between 2017 to 2018 was 654.098 percent.
The annual/yearly change in the amount of Eritrea's cloves exports between 2017 and 2019 was 38.46 per cent compared to a variation of -86.667% in the period between 2018 and 2019.
Export markets for Eritrea cloves ( in '000$ )
Eritrea ordered 0 tonnes of cloves in 2019.