Australia - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoppy Seed Price in Australia - 2023
Contents:
- Poppy Seed Price in Australia (CIF) - 2022
- Poppy Seed Price in Australia (FOB) - 2022
- Poppy Seed Imports in Australia
- Poppy Seed Exports in Australia
Poppy Seed Price in Australia (CIF) - 2022
The average poppy seed import price stood at $2,384 per ton in 2022, waning by -17.1% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $3,926 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,382 per ton), while the price for Spain stood at $2,328 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Poppy Seed Price in Australia (FOB) - 2022
In 2022, the average poppy seed export price amounted to $1,363 per ton, approximately mirroring the previous year. Over the period under review, the export price saw temperate growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 66%. Over the period under review, the average export prices reached the peak figure at $2,031 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($2,171 per ton), while the average price for exports to Poland ($1,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+83.5%), while the prices for the other major destinations experienced more modest paces of growth.
Poppy Seed Imports in Australia
In 2022, overseas purchases of poppy seed decreased by -71.1% to 89 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 259% against the previous year. As a result, imports attained the peak of 318 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, poppy seed imports contracted significantly to $213K in 2022. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 375%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Poppy Seed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 46.1 | 262 | 183 | 122 | 38.3% |
| Netherlands | 154 | 325 | 421 | 85.8 | -17.7% |
| Poland | N/A | 427 | N/A | N/A | 0% |
| Turkey | 60.5 | 221 | 232 | N/A | 95.8% |
| Others | 3.0 | 14.1 | 53.8 | 5.3 | 20.9% |
| Total | 263 | 1,250 | 889 | 213 | -6.8% |
Top Suppliers of Poppy Seed to Australia in 2022:
- Spain (52.5 tons)
- Netherlands (36.0 tons)
Poppy Seed Exports in Australia
In 2022, the amount of poppy seed exported from Australia amounted to 868 tons, leveling off at the year before. Overall, exports faced a precipitous decline. The smallest decline of -69.7% was in 2020.
In value terms, poppy seed exports stood at $1.2M in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -73.9% was in 2020.
| Export of Poppy Seed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6,933 | 1,290 | N/A | 854 | -50.2% |
| Poland | 1,086 | 423 | N/A | 150 | -48.3% |
| United States | 308 | 375 | N/A | 85.0 | -34.9% |
| Canada | 153 | 216 | N/A | 60.8 | -26.5% |
| New Zealand | 255 | 54.8 | N/A | 31.1 | -50.4% |
| Others | 325 | 8.1 | N/A | 2.3 | -80.8% |
| Total | 9,061 | 2,368 | N/A | 1,184 | -49.3% |
Top Export Markets for Poppy Seed from Australia in 2022:
- Netherlands (626.6 tons)
- Poland (147.6 tons)
- United States (41.9 tons)
- Canada (37.5 tons)
- New Zealand (14.3 tons)
This report provides an in-depth analysis of the poppy seed market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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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
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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
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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
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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
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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
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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
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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
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