Cereals; Rye, Seed Price in Poland - 2023

Contents:

  1. Cereals; Rye, Seed Price in Poland (FOB) - 2023
  2. Cereals; Rye, Seed Price in Poland (CIF) - 2022
  3. Cereals; Rye, Seed Exports in Poland
  4. Cereals; Rye, Seed Imports in Poland

Cereals; Rye, Seed Price in Poland (FOB) - 2023

In June 2023, the average cereals; rye, seed export price amounted to $240 per ton, shrinking by -7.4% against the previous month. In general, the export price showed a pronounced setback. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 7.1% month-to-month. As a result, the export price reached the peak level of $417 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In June 2023, the highest price was recorded for prices to the Czech Republic ($298 per ton) and the Netherlands ($249 per ton), while the average price for exports to Spain ($210 per ton) and Germany ($242 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (0.0%), while the prices for the other major destinations experienced a decline.

Cereals; Rye, Seed Price in Poland (CIF) - 2022

The average cereals; rye, seed import price stood at $489 per ton in 2022, which is down by -21.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 78% against the previous year. Over the period under review, average import prices reached the peak figure at $1,035 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($687 per ton), while the price for Lithuania ($163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereals; Rye, Seed Exports in Poland

In 2022, overseas shipments of cereals; rye, seeds decreased by -29.2% to 86K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 118% against the previous year. As a result, the exports reached the peak of 129K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereals; rye, seed exports expanded markedly to $34M in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 73% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Cereals; Rye, Seed in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.421.321.223.320.2%
Netherlands0.74.17.24.078.8%
Czech Republic0.30.30.21.571.0%
FinlandN/AN/AN/A0.90%
SwedenN/AN/AN/A0.60%
Others1.01.02.93.247.4%
Total15.426.631.533.629.7%

Top Export Markets for Cereals; Rye, Seed from Poland in 2022:

  1. Germany (61.7K tons)
  2. Netherlands (10.4K tons)
  3. Czech Republic (4.5K tons)
  4. Finland (2.7K tons)
  5. Sweden (1.9K tons)

Cereals; Rye, Seed Imports in Poland

In 2022, the amount of cereals; rye, seeds imported into Poland surged to 6.5K tons, increasing by 144% on the previous year's figure. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, seed imports surged to $3.2M in 2022. Overall, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Rye, Seed in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1821,6029491,954-3.6%
UkraineN/AN/A9.74384415.5%
Denmark530473434418-7.6%
Lithuania73.050.811933265.7%
Slovakia33.9N/A120N/A88.1%
Others18941.226.953.7-34.3%
Total3,0082,1671,6583,1972.1%

Top Suppliers of Cereals; Rye, Seed to Poland in 2022:

  1. Germany (2.8K tons)
  2. Lithuania (2.0K tons)
  3. Ukraine (0.9K tons)
  4. Denmark (0.7K tons)

Source: IndexBox Market Intelligence Platform

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