Poland: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in Poland

The Polish frozen crustaceans market totaled $X in 2023, rising by X% against the previous year. In general, consumption enjoyed buoyant growth. Frozen crustaceans consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Frozen Crustaceans Production in Poland

In value terms, frozen crustaceans production expanded slightly to $X in 2023 estimated in export price. In general, production, however, posted a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Frozen Crustaceans Exports

Exports from Poland

In 2023, exports of frozen crustaceans from Poland plummeted to X tons, waning by X% on the previous year. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, frozen crustaceans exports shrank dramatically to $X in 2023. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then shrank notably in the following year.

Exports by Country

Belarus (X tons) was the main destination for frozen crustaceans exports from Poland, with a X% share of total exports. Moreover, frozen crustaceans exports to Belarus exceeded the volume sent to the second major destination, Romania (X tons), threefold. The third position in this ranking was held by Slovakia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Belarus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Slovakia (X% per year).

In value terms, Romania ($X), Belarus ($X) and Hungary ($X) were the largest markets for frozen crustaceans exported from Poland worldwide, together accounting for X% of total exports. Slovakia, Denmark, Lithuania, Bulgaria, Latvia, Germany, France, Ukraine, Sweden and Japan lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded 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

In 2023, the average frozen crustaceans export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 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 Denmark ($X per ton), while the average price for exports to Japan ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into Poland

Frozen crustaceans imports into Poland expanded rapidly to X tons in 2023, growing by X% against the year before. Overall, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to continue growth in the immediate term.

In value terms, frozen crustaceans imports rose markedly to $X in 2023. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

Vietnam (X tons), Denmark (X tons) and India (X tons) were the main suppliers of frozen crustaceans imports to Poland, together accounting for X% of total imports. Belgium, the Netherlands, Germany, France, Estonia, Ecuador, Bangladesh and Sweden lagged somewhat behind, together accounting for a further X%.

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

In value terms, Vietnam ($X), India ($X) and Belgium ($X) appeared to be the largest frozen crustaceans suppliers to Poland, with a combined X% share of total imports. The Netherlands, Denmark, Germany, France, Estonia, Ecuador, Bangladesh and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Estonia, 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

The average frozen crustaceans import price stood at $X per ton in 2023, remaining stable against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

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

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

Source: IndexBox Platform