Prakhar Panchbhaiya
Assistant Manager: Business Insights and Content
Supporting procurement teams with category intelligence, market research, price trends, supply-demand analysis, and strategic sourcing insights across key industries.
Clove Leaf Oil Price Trend Analysis 2026: Price Drivers, Historical Prices, Supply Demand Analysis, Latest News & Market Insights
Written ByPrakhar Panchbhaiya
Clove Leaf Oil Price Trend 2025
Clove leaf oil prices had a mixed yet firm trend in 2025, influenced by the supply issues resulting from climate change and clove leaf production volatility. The prices of clove leaf oil rose during the first half of the year, influenced by the impact of irregular rainfall and climate change on the quality of clove leaf production.
The heavy rainfall during the harvesting period resulted in the deterioration of the quality of the raw materials used in the production of clove leaf oil, as well as the unpredictable weather conditions that created uncertainty among the farmers. The farmers also resorted to alternative sources of income due to the low returns, thereby increasing the cost of production of clove leaf oil.
However, in the middle of the year, the market was still unstable due to the changing supply levels. This was because increased rainfall and higher temperatures affected the drying process, which in turn affected the quality and quantity of oil produced. In addition, the export market and production levels in the key growing regions were affected, which put pressure on the market.
However, demand from the food, pharmaceutical, and fragrance industries helped support prices. In the second half of the year, prices were stable due to improved supply levels, though the export market and oversupply in some markets prevented prices from rising significantly. In conclusion, the market was sensitive to weather conditions and global levels of clove production.
Analyst Insight
According to Procurement Resource, Clove Leaf Oil prices are expected to be firm, though prices are expected to be affected by weather conditions and global levels of supply.
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Clove leaf oil prices increased over the course of 2024 with some fluctuations during the year, mainly driven by changes in the supply and demand for cloves. Clove leaf oil is obtained from the clove tree; therefore, prices for the oil follow the prices for both clove and clove bud oils. During the first half of the year, prices for the oil increased due to the growing demand for natural products in Europe and Asia.
The demand for natural products was driven by the food industry, beverage industry, and aromatherapy products. The demand for sustainable products led to increased demand for high-quality products containing cloves; therefore, prices for the oil increased during the period. During festive seasons in South Asian countries, demand for the product also increased, thereby driving up prices for the oil.
In the second half of 2024, prices continued to increase while remaining volatile due to the scarcity of clove. As raw materials for oil production were affected by reduced harvest output in Madagascar and clove stocks in Indonesia, prices were forced to increase. However, due to cautious buying activity by consumers who concentrated on making limited purchases to control costs, prices continued to be volatile. Nevertheless, a tight feedstock situation and constant global demand ensured clove leaf oil prices remained firm during the year.
About Clove Leaf Oil
Clove Leaf Oil is basically an essential oil that is derived from the leaves of clove plant. It is often found in the aromatherapy section of health food stores and is utilised in the flavouring of some medicines. It is widely cultivated around Mediterranean region and is used as a flavour enhancer and in alcoholic drinks.
Clove Leaf Oil Product Detail
Cas Number
8000-34-8
Synonyms
Clove Oil , Caryophyllus Aromaticus Bud Oil, Clove Volatile Oil
Industrial Uses
Antimicrobial, Pain reliever , For digestion, Cough and asthma, Moisturising agent, Soothes irritation, Improves blood circulation, Flavouring of medicines, Insect repellent, Weed killer products, Reduces foul cooking odors
Supplier Database
Young Living Essential Oils, Fleurchem, Inc., PT. Van Aroma , Berjé Inc , Givaudan S.A, Robertet Group
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Clove Leaf Oil Production Processes
- Production of Clove Leaf Oil via Steam Distillation; and via Hydroperoxide Process
In order to obtain Clove Leaf Oil, clove leaves are first collected and they further undergo the process of steam distillation . Finally, Clove Leaf Oil is produced as a colourless to pale yellow oil having strong, spicy odour.
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