Poland: Biological Product Market 2024

Biological Product Market Size in Poland

In 2023, the Polish biological product market decreased by X% to $X, falling for the fourth consecutive year after five years of growth. Over the period under review, consumption recorded a mild contraction. Biological product consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Biological Product Production in Poland

In value terms, biological product production rose to $X in 2023 estimated in export price. Over the period under review, production saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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Biological Product Exports

Exports from Poland

In 2023, the amount of biological products exported from Poland skyrocketed to X tons, growing by X% on the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2023 and are likely to see steady growth in the near future.

In value terms, biological product exports expanded remarkably to $X in 2023. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Israel (X tons) and Switzerland (X tons) were the main destinations of biological product exports from Poland, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Hungary ($X) appeared to be the largest markets for biological product exported from Poland worldwide, together accounting for X% of total exports. Spain, Canada, Belgium, Austria, Switzerland, Israel, Russia, Ukraine, the United States and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average biological product export price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X,363 per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Biological Product Imports

Imports into Poland

Biological product imports into Poland skyrocketed to X tons in 2023, rising by X% against the year before. Overall, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, biological product imports surged to $X in 2023. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of biological product imports to Poland, together comprising X% of total imports. France, Spain, Hungary, Belgium and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest biological product suppliers to Poland were Austria ($X), Germany ($X) and Hungary ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2023, the average biological product import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price enjoyed prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X,021 per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform