Spices; Mixtures Price in Poland - 2023
Contents:
- Spices; Mixtures Price in Poland (CIF) - 2023
- Spices; Mixtures Price in Poland (FOB) - 2023
- Spices; Mixtures Imports in Poland
- Spices; Mixtures Exports in Poland
Spices; Mixtures Price in Poland (CIF) - 2023
In June 2023, the average spices; mixtures import price amounted to $6,062 per ton, dropping by -10.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 47% against the previous month. Over the period under review, average import prices attained the peak figure at $6,758 per ton in May 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,076 per ton), while the price for Spain ($4,529 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Price in Poland (FOB) - 2023
The average spices; mixtures export price stood at $15,000 per ton in June 2023, flattening at the previous month. Overall, export price indicated a notable increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spices; mixtures export price decreased by -13.7% against April 2023 indices. The growth pace was the most rapid in September 2022 an increase of 63% m-o-m. Over the period under review, the average export prices attained the maximum at $17,384 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($35,542 per ton), while the average price for exports to the Czech Republic ($8,569 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Mixtures Imports in Poland
In 2022, supplies from abroad of spices; mixtureses decreased by -44.6% to 2.4K tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of 5.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; mixtures imports reduced to $10M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $11M, and then contracted in the following year.
| Import of Spices; Mixtures in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.9 | 5.5 | 4.8 | 5.0 | 0.7% |
| Germany | 1.1 | 1.5 | 2.6 | 2.8 | 36.5% |
| Belgium | 0.3 | 0.1 | 1.9 | 1.0 | 49.4% |
| Others | 1.3 | 1.8 | 1.7 | 1.5 | 4.9% |
| Total | 7.6 | 8.8 | 11.0 | 10.3 | 10.7% |
Top Suppliers of Spices; Mixtures to Poland in 2022:
- Netherlands (1621.2 tons)
- Germany (515.1 tons)
- Belgium (160.3 tons)
Spices; Mixtures Exports in Poland
Spices; mixtures exports from Poland skyrocketed to 424 tons in 2022, growing by 21% against the previous year. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, spices; mixtures exports surged to $4.5M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Spices; Mixtures in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 524 | 394 | 415 | 1,074 | 27.0% |
| Germany | 150 | 465 | 784 | 1,010 | 88.8% |
| France | 8.4 | 8.0 | 222 | 313 | 234.0% |
| Sweden | 18.3 | 14.7 | 145 | 303 | 154.9% |
| Russia | 307 | 455 | 1,007 | 270 | -4.2% |
| Netherlands | 154 | 226 | 188 | 182 | 5.7% |
| Romania | 7.6 | 71.7 | 84.0 | 176 | 185.0% |
| Czech Republic | 19.8 | 13.6 | 78.7 | 154 | 98.1% |
| Finland | 165 | 227 | 151 | 137 | -6.0% |
| Croatia | 0.9 | 1.5 | 14.0 | 99.6 | 380.1% |
| Ukraine | 47.7 | 53.3 | 83.5 | 84.9 | 21.2% |
| Switzerland | N/A | 29.8 | 41.5 | 78.6 | 62.4% |
| Italy | 7.5 | 4.6 | 8.6 | 52.9 | 91.8% |
| Others | 327 | 353 | 467 | 528 | 17.3% |
| Total | 1,737 | 2,318 | 3,690 | 4,464 | 37.0% |
Top Export Markets for Spices; Mixtures from Poland in 2022:
- United Kingdom (137.4 tons)
- Germany (86.6 tons)
- Croatia (36.4 tons)
- Russia (31.3 tons)
- Czech Republic (17.8 tons)
- Sweden (14.9 tons)
- Netherlands (11.3 tons)
- Romania (9.9 tons)
- France (9.8 tons)
- Italy (8.4 tons)
- Switzerland (8.3 tons)
- Ukraine (7.7 tons)
- Finland (7.2 tons)
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