Slovakia - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoppy Seed Price in Slovakia - 2023
Contents:
- Poppy Seed Price in Slovakia (CIF) - 2023
- Poppy Seed Price in Slovakia (FOB) - 2023
- Poppy Seed Imports in Slovakia
- Poppy Seed Exports in Slovakia
Poppy Seed Price in Slovakia (CIF) - 2023
The average poppy seed import price stood at $2,590 per ton in June 2023, shrinking by -15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 23% against the previous month. The import price peaked at $3,046 per ton in May 2023, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the Czech Republic ($2,818 per ton), while the price for Hungary stood at $2,365 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.9%).
Poppy Seed Price in Slovakia (FOB) - 2023
In July 2023, the average poppy seed export price amounted to $2,845 per ton, with an increase of 10% against the previous month. Over the period under review, export price indicated a measured increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, poppy seed export price increased by +12.6% against April 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 28% against the previous month. Over the period under review, the average export prices attained the peak figure at $3,557 per ton in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Croatia ($4,659 per ton), while the average price for exports to Poland ($2,482 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 Hungary (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Poppy Seed Imports in Slovakia
In 2022, supplies from abroad of poppy seed decreased by -49.4% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year.
In value terms, poppy seed imports fell dramatically to $6.7M in 2022. Overall, imports, however, posted slight growth. The pace of growth was the most pronounced in 2020 when imports increased by 148% against the previous year. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Poppy Seed in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.3 | 8.2 | 7.4 | 5.5 | 18.6% |
| Hungary | 0.1 | 5.3 | 4.7 | 0.6 | 81.7% |
| Poland | 1.4 | 1.5 | 0.3 | 0.3 | -40.2% |
| France | N/A | 0.1 | 0.5 | 0.3 | 73.2% |
| Netherlands | 0.5 | 0.1 | N/A | 0.1 | -41.5% |
| Spain | 0.4 | 0.7 | 2.9 | N/A | 169.3% |
| Others | 0.7 | 0.2 | 0.1 | N/A | -62.2% |
| Total | 6.4 | 16.0 | 15.8 | 6.7 | 1.5% |
Top Suppliers of Poppy Seed to Slovakia in 2022:
- Czech Republic (2112.4 tons)
- Hungary (193.4 tons)
- Poland (163.1 tons)
- France (144.0 tons)
- Netherlands (24.0 tons)
Poppy Seed Exports in Slovakia
In 2022, the amount of poppy seed exported from Slovakia reduced sharply to 3.2K tons, declining by -23.9% compared with the previous year. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 4.2K tons, and then fell notably in the following year.
In value terms, poppy seed exports fell notably to $8M in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
| Export of Poppy Seed in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 4.6 | 1.8 | 2.4 | 2.7 | -16.3% |
| Czech Republic | 5.4 | 4.9 | 5.8 | 2.3 | -24.8% |
| Poland | 3.4 | 2.2 | 1.8 | 2.0 | -16.2% |
| Croatia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Romania | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Estonia | N/A | N/A | N/A | 0.2 | 0% |
| Germany | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Kazakhstan | N/A | 0.2 | 1.1 | 0.1 | -29.3% |
| Austria | 0.2 | 0.4 | N/A | N/A | 100.0% |
| Others | 0.4 | 0.4 | 0.3 | 0.2 | -20.6% |
| Total | 14.2 | 10.3 | 12.1 | 8.0 | -17.4% |
Top Export Markets for Poppy Seed from Slovakia in 2022:
- Austria (undefined tons)
- Hungary (1175.8 tons)
- Czech Republic (847.7 tons)
- Poland (800.7 tons)
- Estonia (92.0 tons)
- Croatia (80.1 tons)
- Romania (77.7 tons)
- Germany (48.4 tons)
- Kazakhstan (26.6 tons)
This report provides an in-depth analysis of the poppy seed market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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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The global poppy seed market was estimated at X tons in 2016, which was X% more than in the previous year.
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Global poppy seed consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global poppy seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global poppy seed imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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