Czech Republic: Poppy Seed Market 2024

Poppy Seed Market Size in the Czech Republic

The Czech poppy seed market declined significantly to $X in 2022, dropping by X% against the previous year. In general, consumption recorded a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Poppy Seed Production in the Czech Republic

In value terms, poppy seed production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production posted a strong expansion. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The average yield of poppy seed in the Czech Republic surged to X kg per ha in 2022, growing by X% on 2021 figures. Over the period under review, the yield, however, recorded a deep reduction. The poppy seed 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, approx. X ha of poppy seed were harvested in the Czech Republic; remaining stable against the previous year. Overall, the total harvested area indicated a noticeable increase from 2012 to 2022: its figure 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 harvested area increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X%. The poppy seed harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area failed to regain momentum.

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Poppy Seed Exports

Exports from the Czech Republic

In 2022, shipments abroad of poppy seed increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, exports, however, continue to indicate a mild shrinkage. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poppy seed exports expanded notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 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 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Russia (X tons) and Austria (X tons) were the main destinations of poppy seed exports from the Czech Republic, with a combined X% share of total exports. Slovakia, Germany, the Netherlands, Ukraine and Hungary lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poppy seed exported from the Czech Republic were Poland ($X), Russia ($X) and Austria ($X), with a combined X% share of total exports. Slovakia, Germany, the Netherlands, Ukraine and Hungary lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average poppy seed export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, export price indicated a perceptible increase 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 average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovakia ($X per ton) and Russia ($X per ton), while the average price for exports to Poland ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poppy Seed Imports

Imports into the Czech Republic

In 2022, supplies from abroad of poppy seed increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, poppy seed imports soared to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest poppy seed supplier to the Czech Republic, with a X% share of total imports. Moreover, poppy seed imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), threefold. The third position in this ranking was held by Estonia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Estonia (X% per year).

In value terms, the largest poppy seed suppliers to the Czech Republic were China ($X), Slovakia ($X) and Estonia ($X), with a combined X% share of total imports. Hungary, Croatia, Poland and Australia lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average poppy seed import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price, however, showed a notable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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