Price for Food Preparations Not Elsewhere Specified or Included in Poland - 2023
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Poland (FOB) - 2023
- Price for Food Preparations Not Elsewhere Specified or Included in Poland (CIF) - 2023
- Exports of Food Preparations Not Elsewhere Specified or Included in Poland
- Imports of Food Preparations Not Elsewhere Specified or Included in Poland
Price for Food Preparations Not Elsewhere Specified or Included in Poland (FOB) - 2023
The average export price for food preparations not elsewhere specified or included stood at $7,758 per ton in November 2023, surging by 8.5% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in April 2023 an increase of 25% month-to-month. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($10,236 per ton), while the average price for exports to Turkey ($3,619 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Poland (CIF) - 2023
The average import price for food preparations not elsewhere specified or included stood at $7,463 per ton in November 2023, picking up by 2.7% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 17% against the previous month. Over the period under review, average import prices attained the peak figure in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($11,629 per ton), while the price for Serbia ($1,605 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Food Preparations Not Elsewhere Specified or Included in Poland
For the fourth consecutive year, Poland recorded growth in shipments abroad of food preparations not elsewhere specified or included, which increased by 8.6% to 318K tons in 2022. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of food preparations not elsewhere specified or included expanded notably to $1.8B in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Food Preparations Not Elsewhere Specified or Included in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 204 | 216 | 309 | 308 | 14.7% |
| France | 97.6 | 112 | 125 | 115 | 5.6% |
| Czech Republic | 61.7 | 64.4 | 83.7 | 107 | 20.1% |
| Slovakia | 52.3 | 56.3 | 66.6 | 88.4 | 19.1% |
| Netherlands | 67.4 | 51.4 | 59.8 | 82.0 | 6.8% |
| Romania | 49.1 | 49.1 | 69.4 | 76.1 | 15.7% |
| Russia | 38.1 | 50.8 | 87.8 | 68.9 | 21.8% |
| United Kingdom | 53.1 | 55.4 | 61.2 | 65.9 | 7.5% |
| Hungary | 34.5 | 37.5 | 46.0 | 51.5 | 14.3% |
| Turkey | 19.6 | 22.7 | 22.8 | 45.0 | 31.9% |
| Ukraine | 43.0 | 46.4 | 48.6 | 40.9 | -1.7% |
| Italy | 27.2 | 30.6 | 37.5 | 40.0 | 13.7% |
| Saudi Arabia | 2.1 | 15.8 | 36.8 | 35.7 | 157.1% |
| Others | 458 | 470 | 624 | 683 | 14.2% |
| Total | 1,207 | 1,278 | 1,679 | 1,808 | 14.4% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Poland in 2022:
- Germany (48.7K tons)
- Czech Republic (23.2K tons)
- Turkey (19.1K tons)
- Netherlands (19.1K tons)
- Slovakia (18.5K tons)
- France (15.2K tons)
- Romania (14.6K tons)
- United Kingdom (10.2K tons)
- Hungary (9.9K tons)
- Italy (7.4K tons)
- Saudi Arabia (7.3K tons)
- Ukraine (6.8K tons)
- Russia (6.8K tons)
Imports of Food Preparations Not Elsewhere Specified or Included in Poland
Imports of food preparations not elsewhere specified or included into Poland shrank to 160K tons in 2022, reducing by -5.6% on 2021 figures. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 170K tons, and then dropped in the following year.
In value terms, imports of food preparations not elsewhere specified or included stood at $914M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Food Preparations Not Elsewhere Specified or Included in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 177 | 242 | 326 | 325 | 22.5% |
| Netherlands | 85.2 | 102 | 157 | 145 | 19.4% |
| Italy | 57.9 | 45.5 | 63.0 | 68.1 | 5.6% |
| France | 33.2 | 34.7 | 67.2 | 67.1 | 26.4% |
| Czech Republic | 16.8 | 20.3 | 36.1 | 39.1 | 32.5% |
| Austria | 25.0 | 30.6 | 32.2 | 32.2 | 8.8% |
| Belgium | 5.5 | 7.9 | 22.9 | 28.3 | 72.6% |
| Slovakia | 13.6 | 9.4 | 11.4 | 25.5 | 23.3% |
| Lithuania | 2.8 | 12.2 | 15.4 | 10.7 | 56.3% |
| Spain | 36.2 | 23.6 | 9.1 | 9.8 | -35.3% |
| Serbia | 4.4 | 3.3 | 4.1 | 8.2 | 23.1% |
| Indonesia | 1.7 | 2.7 | 5.1 | 7.4 | 63.3% |
| Israel | 5.3 | 5.2 | 3.9 | 4.7 | -3.9% |
| Others | 224 | 191 | 148 | 143 | -13.9% |
| Total | 689 | 731 | 901 | 914 | 9.9% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Poland in 2022:
- Germany (50.7K tons)
- Netherlands (22.9K tons)
- France (10.7K tons)
- Italy (9.9K tons)
- Austria (9.4K tons)
- Czech Republic (9.1K tons)
- Slovakia (6.8K tons)
- Belgium (5.2K tons)
- Indonesia (3.6K tons)
- Serbia (3.0K tons)
- Israel (2.8K tons)
- Lithuania (2.6K tons)
- Spain (2.3K tons)
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