Clove Market Overview in Peru
The value of the clove market in Peru contracted sharply to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2012 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2015; however, from 2016 to 2019, consumption remained at a lower figure.