Boosting Shipments to Saudi Arabia and South Africa Push Poland’s Wheat Exports to $1B
Nov 1, 2021
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In 2020, Poland’s wheat exports skyrocketed to $1B, reaching the highest point ever. In physical terms, exports soared from 2.1M tons in 2019 to 4.7M tons in 2020. The leading importer of wheat from Poland, Saudi Arabia, increased its purchases more than twofold last year. South Africa became the second-largest importer, unprecedently boosting shipments to 773K tons. The average export price for wheat from Poland jumped by +7.5% y-o-y to $223 per ton in 2020.