Germany - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Germany - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights

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Poppy Seed Price in Germany - 2023

Contents:

  1. Poppy Seed Price in Germany (CIF) - 2023
  2. Poppy Seed Price in Germany (FOB) - 2023
  3. Poppy Seed Imports in Germany
  4. Poppy Seed Exports in Germany

Poppy Seed Price in Germany (CIF) - 2023

The average poppy seed import price stood at $3,167 per ton in July 2023, growing by 2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in April 2023 an increase of 30% against the previous month. As a result, import price attained the peak level of $3,491 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($12,679 per ton), while the price for Poland ($2,822 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 the Czech Republic (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Poppy Seed Price in Germany (FOB) - 2023

The average poppy seed export price stood at $4,368 per ton in July 2023, with a decrease of -5.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in April 2023 an increase of 30% against the previous month. As a result, the export price reached the peak level of $5,276 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($11,176 per ton), while the average price for exports to Norway ($2,680 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 Switzerland (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Poppy Seed Imports in Germany

In 2022, supplies from abroad of poppy seed decreased by -18.3% to 5.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 5%. As a result, imports reached the peak of 6.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, poppy seed imports reduced sharply to $13M in 2022. Overall, imports saw a abrupt shrinkage. The smallest decline of -7.8% was in 2020.

Import of Poppy Seed in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6.95.74.54.6-12.6%
Netherlands4.84.94.23.2-12.6%
Austria3.95.44.52.5-13.8%
Turkey3.21.51.41.2-27.9%
Poland1.72.01.30.9-19.1%
BelgiumN/A0.1N/A0.241.4%
Spain0.90.1N/A0.1-51.9%
Others0.60.61.10.5-5.9%
Total22.020.317.013.1-15.9%

Top Suppliers of Poppy Seed to Germany in 2022:

  1. Czech Republic (1968.9 tons)
  2. Netherlands (1255.9 tons)
  3. Austria (918.1 tons)
  4. Turkey (337.5 tons)
  5. Poland (323.2 tons)
  6. Belgium (168.8 tons)
  7. Spain (22.0 tons)

Poppy Seed Exports in Germany

In 2022, exports of poppy seed from Germany totaled 840 tons, surging by 11% compared with 2021. In general, exports, however, recorded a perceptible setback.

In value terms, poppy seed exports expanded remarkably to $3.1M in 2022. Overall, exports, however, continue to indicate a deep reduction.

Export of Poppy Seed in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden36842024378528.7%
Austria681602678574-5.5%
Denmark751612561430-17.0%
Poland92.134.980.840163.3%
Switzerland1311031261719.3%
Netherlands370325240145-26.8%
France251151154111-23.8%
Hungary19937.368.687.6-23.9%
United Kingdom14.110.056.378.277.0%
Belgium13914980.840.3-33.8%
Slovakia4510.91.30.8-87.9%
Others529523478305-16.8%
Total3,9772,9682,7683,129-7.7%

Top Export Markets for Poppy Seed from Germany in 2022:

  1. Sweden (177.1 tons)
  2. Austria (174.5 tons)
  3. Denmark (130.8 tons)
  4. Poland (115.2 tons)
  5. Netherlands (49.9 tons)
  6. Switzerland (38.1 tons)
  7. United Kingdom (24.2 tons)
  8. Hungary (23.5 tons)
  9. France (22.0 tons)
  10. Belgium (13.0 tons)
  11. Slovakia (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the poppy seed 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 296 - Poppy seed

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:

  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

    This Chapter is Available Only for the Professional Edition PRO
  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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