What is the price of cloves per kilogram/pound in Indonesia today?
The retail price range for Indonesia cloves is between US$ 1.71 and US$ 4.39 per kilogram or between US$ 0.77 and US$ 1.99 per pound(lb). Click here to see today's exact prices of cloves in Indonesia
The retail price range in Rupiah for cloves is between IDR 28,457.92 and IDR 73,177.50 per kilogram or between IDR 12,906.08 and IDR 33,187.07 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia cloves is between US$ 1.20 and US$ 3.07 per kilogram or between US$ 0.54 and US$ 1.39 per pound(lb).
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Indonesia Cloves Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cloves from Indonesia has seen a steady decline over the last five years. In 2017, the price was 3.18 US$ per kg, and in 2021, it was 4.77 US$ per kg. The lowest price was recorded in 2016, at 3.26 US$ per kg. The highest price was recorded in 2018, at 5.02 US$ per kg. The current price is 3.70 US$ per kg. Based on the data, it is predicted that the export price per kilogram of Cloves from Indonesia will be 4.77 US$ per kg in 2023 and 6.00 US$ per kg in 2024.The Indonesia cloves exports are categorised 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)
Indonesia Cloves Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cloves into Indonesia over the last five years has been relatively stable. In 2017, the price was $3.18, followed by a slight increase to $5.02 in 2018. The price then decreased to $4.29 in 2019 and further to $3.70 in 2020. In 2021, the price rose again to $4.77 and then to $6.00 in 2022. Looking ahead, it is likely that the import price per kilogram of Cloves into Indonesia will remain relatively stable in the next two years. We predict that the price will be $6.00 in 2023 and $6.20 in 2024.Export values for Indonesia cloves
The total values in export for cloves in Indonesia were US$ 41,569, US$ 28,927, US$ 101,747 and US$ 111,537 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 Indonesia: 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.
Indonesia cloves - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia shipped 25,990 tonnes of cloves. For 2019 alone, the interest in Indonesia cloves (herbs and spices category) has escalated, recording a change of 28.352 pc compared to the year 2018. Between 2017 and 2019, cloves' exports increased by 186.01 pc netting the country US$111.54m for the year 2019. Indonesia's cloves exports are categorised as:
- Cloves, whole fruit, cloves and stems, neither crushed nor ground (HS code 090710)
- Cloves, whole fruit, cloves and stems, crushed or ground (HS code 090720)
- Cloves, whole fruit, cloves and stems (HS code 090700)
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Indonesia cloves export values
In 2019, Indonesia supplied cloves valued at 111.54m USD, a growth of 9.62% from 2018's total cloves export of 101.747m USD. The annual change in value of Indonesia cloves between 2017 to 2018 was 251.737 percent.
The per year change in the quantity of Indonesia's cloves exports between 2017 and 2019 was 186.01 per cent in comparison to a variation of 28.352% in the period between 2018 and 2019.
Export markets for Indonesia cloves ( in '000$ )
Indonesia's best performing export markets for cloves are India, Saudi Arabia, United Arab Emirates (UAE), Singapore and Pakistan.
Indonesia purchased 3,865 tonnes of cloves in 2019.
Production
The production of cloves in Indonesia was 404,376 tonnes in 2019 and is projected to change by an average of 2.88%. The country had approximately 1,708,248.00 hectares under cloves cultivation.