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Poland - Cloves - Market Analysis, Forecast, Size, Trends and Insights
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View PricingClove Price in Poland - 2023
Contents:
- Clove Price in Poland (CIF) - 2022
- Clove Price in Poland (FOB) - 2022
- Clove Imports in Poland
- Clove Exports in Poland
Clove Price in Poland (CIF) - 2022
The average clove import price stood at $9,493 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the import price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13% against the previous year. The import price peaked at $13,940 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($20,248 per ton), while the price for Indonesia ($1,945 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Clove Price in Poland (FOB) - 2022
The average clove export price stood at $12,731 per ton in 2022, picking up by 11% against the previous year. In general, the export price, however, saw a perceptible curtailment. Over the period under review, the average export prices reached the peak figure at $19,415 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($18,227 per ton), while the average price for exports to Serbia ($8,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.
Clove Imports in Poland
In 2022, purchases abroad of cloves decreased by -8.4% to 239 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of 263 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, clove imports rose modestly to $2.3M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Clove in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 104 | 897 | 832 | 878 | 103.6% |
France | 29.2 | 632 | 603 | 506 | 158.8% |
Netherlands | 32.6 | 194 | 441 | 497 | 148.0% |
Madagascar | 256 | N/A | 0.2 | 94.6 | -28.2% |
Romania | 22.4 | 7.6 | 57.5 | 89.6 | 58.7% |
Austria | 0.3 | 108 | 93.1 | 77.9 | 538.0% |
Spain | 29.1 | 52.6 | 57.5 | 70.7 | 34.4% |
Indonesia | 18.1 | 43.5 | N/A | 4.5 | -37.1% |
Sri Lanka | 1,046 | N/A | 8.4 | 0.1 | -95.4% |
Comoros | 275 | N/A | 99.8 | N/A | -39.8% |
Others | 3.3 | 19.4 | 2.0 | 49.5 | 146.6% |
Total | 1,817 | 1,954 | 2,195 | 2,268 | 7.7% |
Top Suppliers of Clove to Poland in 2022:
- Sri Lanka (undefined tons)
- Germany (99.6 tons)
- France (54.2 tons)
- Netherlands (49.6 tons)
- Madagascar (11.0 tons)
- Spain (7.7 tons)
- Austria (5.4 tons)
- Romania (4.4 tons)
- Indonesia (2.3 tons)
Clove Exports in Poland
In 2022, after three years of growth, there was significant decline in shipments abroad of cloves, when their volume decreased by -29.4% to 45 tons. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36%.
In value terms, clove exports fell notably to $574K in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year.
Export of Clove in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 150 | 86.4 | 133 | 131 | -4.4% |
Germany | 1.1 | 75.2 | 77.1 | 97.2 | 345.4% |
Romania | 59.8 | 84.5 | 60.9 | 70.5 | 5.6% |
Russia | 255 | 242 | 233 | 56.3 | -39.6% |
Portugal | N/A | N/A | N/A | 48.3 | 0% |
Ukraine | N/A | N/A | 1.9 | 37.7 | 1884.2% |
United Kingdom | 17.5 | 25.1 | 21.9 | 31.9 | 22.2% |
Lithuania | 3.7 | 6.0 | 4.9 | 10.9 | 43.4% |
Italy | 2.9 | 6.2 | 12.1 | 6.6 | 31.5% |
Moldova | 3.0 | 7.8 | 17.8 | 5.3 | 20.9% |
Latvia | N/A | 4.6 | 57.9 | 0.3 | -74.5% |
Serbia | 2.0 | 19.7 | N/A | N/A | 885.0% |
Others | 28.6 | 73.6 | 112 | 77.2 | 39.2% |
Total | 524 | 631 | 733 | 574 | 3.1% |
Top Export Markets for Clove from Poland in 2022:
- Serbia (undefined tons)
- Latvia (undefined tons)
- Czech Republic (15.0 tons)
- Germany (6.8 tons)
- Romania (4.7 tons)
- Portugal (3.5 tons)
- Russia (3.4 tons)
- Ukraine (2.3 tons)
- United Kingdom (1.8 tons)
- Lithuania (1.1 tons)
- Italy (0.7 tons)
- Moldova (0.4 tons)
This report provides an in-depth analysis of the clove market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 698 - Cloves
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the clove market in Poland.
This report provides an in-depth analysis of the global clove market.
This report provides an in-depth analysis of the clove market in Poland.
This report provides an in-depth analysis of the global clove market.
Clove prices dropped by 3.4% in January 2023 to $9,826 per ton (CIF, Poland) compared to the previous month.
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
Singapore dominates in the global clove trade. In 2014, Singapore exported X thousand tons of сlove totaling X million USD, X times over the previous year. Its primary trading partner was Malaysia, where it supplied X% of its total сlove exports
Clove prices dropped by 3.4% in January 2023 to $9,826 per ton (CIF, Poland) compared to the previous month.
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.