HS Code:
The 'Containing Clove' category refers to products that include cloves as a primary ingredient or component, often classified under HS Code 0907.10 (Cloves, whole fruit, cloves and stems) or related subcategories for processed or mixed products. Cloves are aromatic flower buds from the Syzygium aromaticum tree, widely used as a spice in culinary applications, in traditional medicine, and in the production of essential oils, incense, and cosmetics. This category encompasses whole cloves, ground cloves, and clove-containing preparations. Global trade in cloves is driven by demand in the food and beverage industry, as well as cultural and medicinal uses, particularly in Asia, Europe, and North America.
Total Trade Volume
Approximately $400 million USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$150 million USD
37.5% of total trade of total trade
Increasing
$80 million USD
20.0% of total trade of total trade
Stable
$50 million USD
12.5% of total trade of total trade
Increasing
$30 million USD
7.5% of total trade of total trade
Stable
$25 million USD
6.25% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
30% (imposed by certain developing countries to protect domestic markets)
Lowest Rate
0% (under free trade agreements or for Least Developed Countries under GSP schemes)
Rising demand for organic cloves
Increased exports from countries with organic certification programs, higher price premiums for producers
2021-2022
Growth in clove essential oil market
Diversification of clove applications in cosmetics and aromatherapy, boosting trade in processed clove products
2020-2022
Climate change affecting production
Erratic weather patterns in key producing regions like Indonesia and Madagascar leading to supply volatility
2019-2022
Indonesia signed new trade agreements with Middle Eastern countries to increase clove exports, focusing on both whole and processed products.
March 2023
Expected to boost Indonesiaโs market share by 5-10% over the next two years, potentially affecting competitors like Madagascar.
The European Union introduced stricter regulations on pesticide residues and fumigation for clove imports to ensure consumer safety.
January 2023
Smaller exporters may face challenges in meeting compliance costs, potentially reducing supply to the EU market in the short term.
Madagascar launched a government-backed initiative to promote sustainable and organic clove farming, supported by international donors.
October 2022
Likely to increase Madagascarโs competitiveness in premium markets like Europe and North America over the next 3-5 years.