Eastern Europe: Poppy Seed Market 2024

Poppy Seed Market Size in Eastern Europe

The East European poppy seed market rose sharply to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a moderate 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Poppy Seed Production in Eastern Europe

In value terms, poppy seed production reduced slightly to $X in 2022 estimated in export price. In general, production saw resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The Czech Republic (X tons) constituted the country with the largest volume of poppy seed production, comprising approx. X% of total volume. Moreover, poppy seed production in the Czech Republic exceeded the figures recorded by the second-largest producer, Hungary (X tons), fivefold. The third position in this ranking was held by Slovakia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume in the Czech Republic totaled X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Slovakia (X% per year).

In 2022, the average poppy seed yield in Eastern Europe expanded sharply to X kg per ha, surging by X% against 2021 figures. Over the period under review, the yield, however, showed a noticeable curtailment. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The poppy seed harvested area declined to X ha in 2022, therefore, remained relatively stable against the year before. The harvested area 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 in certain years. The growth pace was the most rapid in 2014 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

Poppy Seed Exports

Exports in Eastern Europe

In 2022, shipments abroad of poppy seed increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, poppy seed exports expanded slightly to $X in 2022. Total exports indicated a notable expansion 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, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic represented the main exporting country with an export of about X tons, which reached X% of total exports. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Slovakia (X%) and Hungary (X%).

Exports from the Czech Republic decreased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Poland (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest poppy seed supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, dropping by X% against the previous year. 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 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Hungary ($X per ton) and Slovakia ($X per ton), while Poland ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

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

Poppy Seed Imports

Imports in Eastern Europe

In 2022, the amount of poppy seed imported in Eastern Europe amounted to X tons, picking up by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, poppy seed imports expanded to $X in 2022. Total imports indicated buoyant growth 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons) and Russia (X tons) were the key importers of poppy seed in 2022, accounting for approx. X% and X% of total imports, respectively. The Czech Republic (X tons) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%), Hungary (X%) and Ukraine (X%). Romania (X tons) took a little share of total imports.

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

In value terms, the largest poppy seed importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together comprising X% of total imports.

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

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, shrinking by X% against the previous year. Import price indicated a measured expansion 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 import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Romania ($X per ton) and Russia ($X per ton), while 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 attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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