Germany - Cloves - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingClove Price in Germany - 2023
Contents:
- Clove Price in Germany (CIF) - 2023
- Clove Price in Germany (FOB) - 2023
- Clove Imports in Germany
- Clove Exports in Germany
Clove Price in Germany (CIF) - 2023
The average clove import price stood at $9,756 per ton in July 2023, jumping by 44% against the previous month. Over the period under review, import price indicated measured growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, clove import price increased by +44.4% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 73% against the previous month. Over the period under review, average import prices attained the maximum at $9,764 per ton in October 2022; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Tanzania ($45,636 per ton), while the price for Turkey ($6,236 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Clove Price in Germany (FOB) - 2023
The average clove export price stood at $12,302 per ton in July 2023, which is down by -7.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 32% month-to-month. Over the period under review, the average export prices attained the peak figure at $13,268 per ton in June 2023, and then contracted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($24,241 per ton), while the average price for exports to Poland ($9,796 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Clove Imports in Germany
Clove imports into Germany amounted to 1K tons in 2022, remaining stable against the previous year. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, clove imports soared to $8.4M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Clove in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Madagascar | 2,244 | 2,370 | 1,675 | 3,492 | 15.9% |
Sri Lanka | 1,485 | 1,393 | 1,713 | 1,461 | -0.5% |
France | 0.1 | 840 | 661 | 1,009 | 2060.9% |
Netherlands | 256 | 391 | 1,083 | 945 | 54.5% |
Comoros | 1,275 | 608 | 479 | 771 | -15.4% |
Tanzania | 191 | 95.5 | 91.5 | 178 | -2.3% |
Spain | 12.6 | 7.5 | 91.4 | 138 | 122.1% |
Indonesia | 1,036 | 615 | 278 | 38.0 | -66.8% |
Others | 152 | 381 | 379 | 407 | 38.9% |
Total | 6,653 | 6,701 | 6,451 | 8,438 | 8.2% |
Top Suppliers of Clove to Germany in 2022:
- Madagascar (476.7 tons)
- Sri Lanka (134.4 tons)
- France (122.7 tons)
- Netherlands (122.4 tons)
- Comoros (107.2 tons)
- Spain (20.6 tons)
- Tanzania (20.0 tons)
- Indonesia (13.1 tons)
Clove Exports in Germany
In 2022, shipments abroad of cloves decreased by -0.7% to 520 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 52%. As a result, the exports reached the peak of 570 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, clove exports reached $5.4M in 2022. The total export value increased at an average annual rate of +11.3% 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 when exports increased by 44%. As a result, the exports reached the peak of $5.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Clove in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 837 | 944 | 978 | 1,137 | 10.8% |
Austria | 702 | 775 | 744 | 720 | 0.8% |
United States | 133 | 545 | 387 | 537 | 59.2% |
Switzerland | 156 | 290 | 358 | 360 | 32.1% |
France | 376 | 643 | 470 | 299 | -7.4% |
Sweden | 231 | 274 | 276 | 244 | 1.8% |
Netherlands | 141 | 365 | 211 | 236 | 18.7% |
Italy | 155 | 170 | 212 | 206 | 9.9% |
Latvia | 30.5 | 106 | 11.6 | 170 | 77.3% |
Russia | N/A | 1.7 | 9.1 | 169 | 897.1% |
Denmark | 115 | 88.3 | 186 | 153 | 10.0% |
Czech Republic | 100 | 157 | 124 | 123 | 7.1% |
Finland | 63.4 | 54.0 | 112 | 119 | 23.4% |
Others | 902 | 1,246 | 1,324 | 962 | 2.2% |
Total | 3,942 | 5,659 | 5,404 | 5,434 | 11.3% |
Top Export Markets for Clove from Germany in 2022:
- Poland (142.2 tons)
- Austria (80.2 tons)
- United States (43.1 tons)
- Switzerland (26.5 tons)
- Netherlands (25.6 tons)
- France (24.2 tons)
- Russia (18.9 tons)
- Sweden (18.3 tons)
- Latvia (18.3 tons)
- Czech Republic (13.9 tons)
- Denmark (12.0 tons)
- Italy (10.6 tons)
- Finland (10.6 tons)
This report provides an in-depth analysis of the clove market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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 Germany.
This report provides an in-depth analysis of the global clove market.
This report provides an in-depth analysis of the clove market in Germany.
This report provides an in-depth analysis of the global clove market.
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
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