Poland - Cloves - Market Analysis, Forecast, Size, Trends and Insights
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Poland - Cloves - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 22, 2023

Clove Price in Poland Dropped 3%, Averaging $9,826 per Ton

Poland Clove Import Price in January 2023

In January 2023, the clove price stood at $9,826 per ton (CIF, Poland), which is down by -3.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 42% m-o-m. The import price peaked at $12,939 per ton in November 2022; however, from December 2022 to January 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($14,896 per ton), while the price for Madagascar ($8,176 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

COUNTRYJan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Import Price of Clove in Poland (USD per ton)
Austria15,900N/AN/A13,653N/A13,831N/AN/AN/A17,15214,89419,91114,896
France9,3719,9899,36012,18810,010N/A9,9599,6309,45710,527N/A12,87310,518
Netherlands11,26113,3149,586N/A10,7839,9103,83510,80610,82111,07513,11410,28210,336
SpainN/A25,9429,1359,339N/A9,3819,14210,675N/A11,131N/A10,27710,070
Germany7,1957,0007,7446,8707,5869,8725,7828,80210,8557,90911,91310,11010,069
MadagascarN/AN/AN/AN/A9,229N/AN/AN/AN/AN/AN/AN/A8,176
RomaniaN/AN/AN/AN/AN/AN/AN/AN/AN/A23,23223,049N/AN/A
Average9,3159,5968,9849,6668,62210,0726,7709,61010,44812,16312,93910,1719,826

Poland Clove Imports

In January 2023, purchases abroad of cloves increased by 118% to 54 tons for the first time since October 2022, thus ending a two-month declining trend. In general, imports saw a resilient increase. The pace of growth was the most pronounced in May 2022 with an increase of 495% against the previous month. Over the period under review, imports reached the peak figure in January 2023.

In value terms, clove imports soared to $529K (IndexBox estimates) in January 2023. Overall, imports posted prominent growth. The pace of growth was the most pronounced in May 2022 with an increase of 431% m-o-m. Over the period under review, imports hit record highs in January 2023.

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Poland Clove Imports by Country

In January 2023, Germany (36 tons) constituted the largest clove supplier to Poland, with a 66% share of total imports. Moreover, clove imports from Germany exceeded the figures recorded by the second-largest supplier, Madagascar (11 tons), threefold. The Netherlands (4.1 tons) ranked third in terms of total imports with a 7.6% share.

From January 2022 to January 2023, the average monthly rate of growth in terms of volume from Germany totaled +24.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Madagascar (0.0% per month) and the Netherlands (+6.3% per month).

In value terms, Germany ($359K) constituted the largest supplier of clove to Poland, comprising 68% of total imports. The second position in the ranking was held by Madagascar ($90K), with a 17% share of total imports. It was followed by the Netherlands, with an 8% share.

From January 2022 to January 2023, the average monthly rate of growth in terms of value from Germany amounted to +27.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Madagascar (-1.5% per month) and the Netherlands (+5.5% per month).

Source: IndexBox Market Intelligence Platform

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
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  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

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  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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