Market research

Cloves market in Caribbean

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Caribbean" region includes following countries:

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The cloves market in the Caribbean showed considerable volatility in volume between 2018 and 2023. Market size expanded sharply from 583 tons in 2018 to a peak of 939 tons in 2020, reflecting strong growth over two years.

This trend reversed in 2021 with a steep contraction to 623 tons. A rapid recovery followed in 2022, lifting the market to 790 tons, before volume stabilized at 771 tons in 2023.

Domestic production remained largely stable at 39 tons annually through 2021, then saw modest increases to 40 tons in 2022 and 42 tons in 2023. The overall market movements were predominantly influenced by fluctuating import levels, which varied from 550 tons to 900 tons during the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Caribbean
  1. 5.1.1. Annual dynamics of production in Caribbean in kind, 2018-2023, kg
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, kg
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, kg
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cloves in Caribbean

In kind, 2017-2020, kg

Top producers of cloves, 2017-2020

Source: SHEV.io

World map of production of cloves, 2017-2020

Source: SHEV.io

Caribbean's cloves production has increased for the third consecutive year. In 2020, the region produced 39 440 kg of cloves, which represents a 0.7% increase compared to 2019.

Annual dynamics of production in Caribbean in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.6%	0.6%	0.7%	0.7%

Source: SHEV.io

Exports cloves from Caribbean

Exports in kind, t

Caribbean's cloves export volume has declined for the third consecutive year. In 2020, the region exported 0.9 t of cloves, marking an 85.1% decrease from 2019. Between 2017 and 2020, exports fell by 95.8%, which translates to an annualized decline rate of 65.2%.

Annual dynamics of product's exports from Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(70.9%)	(3.0%)	(85.1%)	(65.2%)

Source: SHEV.io

From 2017 to 2020, the United States and Spain together accounted for the main share of exports in kind, representing 1.9% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

There were noticeable fluctuations in market performance during this period. The lowest export value was recorded in 2017, while the highest occurred in 2019, with a peak-to-trough ratio of 3.2 times. In 2020, Caribbean's cloves export volume amounted to 414 K $ US, which is 20.1% lower than the previous year. The maximum value was recorded in 2019 at 518 K $ US, representing the largest increase of 184.7%.

Annual dynamics of product's exports from Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.0%	184.7%	(20.1%)	37.0%

Source: SHEV.io

From 2017 to 2020, the United States (with 0.9% of total flows) and Spain (0.7%) were the two main destinations for exports in value terms, jointly accounting for 1.5% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in value, 2017-2020

Source: SHEV.io

Imports cloves to Caribbean

Imports in kind, t

Caribbean's cloves import volumes have increased for the third consecutive year. In 2020, imports totaled 900.4 t, up by 25.3% compared to the previous year. Between 2017 and 2020, imports grew by 94.9%, equating to an annualized growth rate of 24.9%.

Annual dynamics of product's imports to Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	19.1%	30.6%	25.3%	24.9%

Source: SHEV.io

From 2017 to 2020, Brazil (39.4% of imports in kind), Indonesia (24.9% of imports in kind), and the United States (6.8% of imports in kind) formed the main cluster of markets for imports in kind, with a combined share of 71.1% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Caribbean's volume of cloves imports has increased for the third consecutive year. In 2020, the region imported a total of value_last_year K $ US of cloves, reflecting a moderate rise of 5.9% over the past year. Over the period from 2017 to 2020, imports increased by 35.2%, with a compound annual growth rate (CAGR) of 10.6%.

Annual dynamics of product's imports to Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.6%	16.5%	5.9%	10.6%

Source: SHEV.io

Throughout 2017 to 2020, Brazil (44.1% of imports in value terms), Indonesia (26.3% of imports in value terms), and Madagascar (6.3% of imports in value terms) remained the key directions for imports in value terms, together accounting for 76.6% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Caribbean in value, 2017-2020

Source: SHEV.io