Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $8,578 per ton, waning by -13.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 46%. The import price peaked at $17,191 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($26,000 per ton), while the price for Germany ($6,771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland (FOB) - 2022
In 2022, the average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $9,618 per ton, jumping by 18% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. Over the period under review, the average export prices reached the maximum at $15,725 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($35,948 per ton), while the average price for exports to Lithuania ($4,797 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 the United States (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland
Imports of spices; cloves (whole fruit, cloves and stems), crushed or ground into Poland soared to 48 tons in 2022, growing by 21% compared with the year before. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports reached the peak of 57 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground expanded sharply to $410K in 2022. In general, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 5.4% against the previous year. As a result, imports attained the peak of $466K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.0 | 183 | 111 | 151 | 269.2% |
France | 29.2 | 177 | 162 | 121 | 60.6% |
Spain | 29.1 | 52.6 | 57.5 | 70.7 | 34.4% |
Austria | N/A | 12.0 | 21.0 | 25.8 | 46.6% |
Romania | N/A | N/A | 10.8 | 25.7 | 138.0% |
Netherlands | 26.0 | 40.3 | 26.1 | 14.3 | -18.1% |
Sri Lanka | 179 | N/A | N/A | 0.1 | -91.8% |
Madagascar | 175 | N/A | N/A | N/A | 0% |
Others | 1.1 | 0.6 | 0.3 | 1.1 | 0.0% |
Total | 443 | 466 | 389 | 410 | -2.5% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Poland in 2022:
- Germany (22.3 tons)
- France (13.1 tons)
- Spain (7.7 tons)
- Austria (1.8 tons)
- Netherlands (1.4 tons)
- Romania (1.3 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland
After two years of decline, shipments abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground increased by 20% to 6.3 tons in 2022. Overall, exports, however, showed a deep contraction.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground soared to $61K in 2022. In general, exports, however, continue to indicate a abrupt decline.
Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 88.5 | 34.8 | 15.3 | 14.5 | -45.3% |
Portugal | N/A | N/A | N/A | 9.5 | 0% |
United Kingdom | 4.0 | 0.2 | 0.8 | 7.6 | 23.9% |
United States | 0.7 | 0.6 | 0.1 | 5.5 | 98.8% |
Italy | 0.3 | 0.9 | 1.2 | 4.1 | 139.1% |
Russia | 0.5 | 1.5 | 1.8 | 3.0 | 81.7% |
Lithuania | N/A | 0.7 | 0.4 | 2.4 | 85.2% |
Germany | N/A | 29.1 | 0.4 | 1.5 | -77.3% |
Hungary | 0.1 | N/A | N/A | 1.2 | 128.9% |
Moldova | 1.1 | 3.0 | 0.5 | 0.8 | -10.1% |
Spain | N/A | N/A | 1.5 | 0.7 | -53.3% |
Serbia | N/A | 10.4 | N/A | N/A | 0% |
Others | 5.9 | 13.7 | 20.9 | 9.9 | 18.8% |
Total | 101 | 95.1 | 43.0 | 60.5 | -15.7% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Poland in 2022:
- Czech Republic (1937.0 kg)
- Portugal (685.0 kg)
- United Kingdom (554.0 kg)
- Italy (530.0 kg)
- Lithuania (492.0 kg)
- Russia (275.0 kg)
- Germany (210.0 kg)
- Hungary (199.0 kg)
- United States (154.0 kg)
- Moldova (150.0 kg)
- Spain (100.0 kg)
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.