Clove Market Overview in Tanzania
In value terms, clove production fell to $ in 2019 estimated in export prices. Overall, the total production indicated mild growth from 2007 to 2019: its value decreased at an average annual rate of -% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -% against 2017 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by % y-o-y. Clove production peaked at $ in 2017; however, from 2018 to 2019, production remained at a lower figure.
In 2019, the average yield of cloves in Tanzania expanded modestly to tonnes per ha, with an increase of % compared with the year before. The yield figure increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the yield increased by % against the previous year. Over the period under review, the average clove yield reached the maximum level in 2019 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of cloves production in Tanzania contracted to ha, waning by -% on the year before. Over the period under review, the harvested area continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of % year-to-year. The clove harvested area peaked at ha in 2007; however, from 2008 to 2019, the harvested area remained at a lower figure.
The revenue of the clove market in Tanzania declined to $ in 2019, reducing 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). Over the period under review, consumption, however, showed measured growth. The growth pace was the most rapid in 2014 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.