Poland: Linseed Market 2024

Linseed Market Size in Poland

After three years of growth, the Polish linseed market decreased by X% to $X in 2022. Over the period under review, consumption, however, saw a resilient expansion. Linseed consumption peaked at $X in 2021, and then fell in the following year.

Linseed Production in Poland

In value terms, linseed production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Linseed production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The average yield of linseed in Poland reduced to X tons per ha in 2022, with a decrease of X% compared with the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. Over the period under review, the average linseed yield attained the peak level at X tons per ha in 2014; however, from 2015 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of linseed in Poland skyrocketed to X ha, rising by X% on 2021 figures. In general, the harvested area continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to linseed production reached the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

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Linseed Exports

Exports from Poland

In 2022, the amount of linseed exported from Poland shrank notably to X tons, waning by X% on the previous year's figure. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, linseed exports contracted to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Germany (X tons) was the main destination for linseed exports from Poland, with a X% share of total exports. Moreover, linseed exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. Belgium (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) remains the key foreign market for linseed exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average linseed export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price showed pronounced growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

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

Linseed Imports

Imports into Poland

In 2022, imports of linseed into Poland declined markedly to X tons, reducing by X% compared with 2021. Over the period under review, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, linseed imports dropped significantly to $X in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, Kazakhstan (X tons) constituted the largest linseed supplier to Poland, accounting for a X% share of total imports. Moreover, linseed imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. The third position in this ranking was taken by Ukraine (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Kazakhstan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Ukraine (X% per year).

In value terms, Kazakhstan ($X) constituted the largest supplier of linseed to Poland, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average linseed import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price recorded a tangible expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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