Benelux: Poppy Seed Market 2024

Poppy Seed Market Size in Benelux

The Benelux poppy seed market skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption saw strong growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Poppy Seed Production in Benelux

In value terms, poppy seed production reduced slightly to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The Netherlands (X tons) remains the largest poppy seed producing country in Benelux, accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in the Netherlands totaled X%.

In 2022, the average poppy seed yield in Benelux declined notably to X kg per ha, which is down by X% on the year before. Over the period under review, the yield faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when the yield increased by X%. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of poppy seed production in Benelux reduced modestly to X ha, therefore, remained relatively stable against the year before. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the poppy seed harvested area failed to regain momentum.

Poppy Seed Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of poppy seed, when their volume decreased by X% to X tons. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, poppy seed exports fell markedly to $X in 2022. In general, exports saw a perceptible slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Belgium (X tons) held a little share of total exports.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest poppy seed supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, declining by X% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Poppy Seed Imports

Imports in Benelux

After two years of decline, supplies from abroad of poppy seed increased by X% to X tons in 2022. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, poppy seed imports dropped slightly to $X in 2022. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X tons), committing a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the poppy seed imports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported poppy seed in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, poppy seed imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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