Cloves Prices in Sri Lanka
| Variety | Market level | Price (US$/kg) | Local (LKR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 2.91 | 897 | ▲ 12.2% | ▲ 12.2% | FAOSTAT Producer Prices |
| - | Export (unit value) | 7.75 | 2,385 | ▼ 14.5% | ▼ 14.5% | UN Comtrade (unit value) |
As of June 2026, the cloves price in Sri Lanka available is US$ 2.91 per kg (897 LKR), up 12.2% year-on-year.
Sri Lanka is the world's 5th largest exporter of cloves, with 2024 exports valued at US$11.04 million, accounting for 1.9% of global exports despite a 75.3% year-on-year decline. The country is also ranked 5th in production, harvesting 5,813 tonnes in 2024, which is 2.9% of world output. The latest farmgate price for generic cloves is US$2.9149 per kg. Sri Lanka maintains a net exporter position in the global cloves market.
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Cloves Price History & Trend
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Production, Exports, Imports & HS Codes - cloves in Sri Lanka
Sri Lanka is the world's 5th largest exporter of cloves, with 2024 exports valued at US$11.04 million, accounting for 1.9% of global exports despite a 75.3% year-on-year decline. The country is also ranked 5th in production, harvesting 5,813 tonnes in 2024, which is 2.9% of world output. The latest farmgate price for generic cloves is US$2.9149 per kg. Sri Lanka maintains a net exporter position in the global cloves market.
Exports UN Comtrade · 2024
In 2024, Sri Lanka exported $11M of cloves▼ 75.3% YoY. That ranks #5 worldwide (1.9% of global exports).
Export value by year (US$)
Export volume by year
Top cloves exporters worldwide UN Comtrade · 2024
- #1 Indonesia $319.1M · 55.1%
- #2 Madagascar $163M · 28.1%
- #3 Singapore $23.8M · 4.1%
- #4 Tanzania $16.8M · 2.9%
- #5 Sri Lanka $11M · 1.9%
Annual export data Sri Lanka · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $11M | - | - |
| 2023 | $44.6M | 5.8 kt | $7.75 |
| 2022 | $20.7M | 2.3 kt | $9.07 |
| 2021 | $36.5M | 6.4 kt | $5.7 |
| 2020 | $15.9M | 2.7 kt | $5.88 |
Production FAOSTAT · 2024
Sri Lanka produced 5.8 kt of cloves in 2024▼ 1.5% YoY. It ranks #5 among producing countries (2.9% of world output).
Production by year (tonnes)
HS Code
cloves is traded under Harmonized System code 0907.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.