Poland: Millet Market 2024

Millet Market Size in Poland

The Polish millet market plummeted to $X in 2022, reducing by X% against the previous year. In general, consumption, however, recorded a notable expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Millet Production in Poland

In value terms, millet production contracted slightly to $X in 2022 estimated in export price. In general, production posted a measured increase. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of millet in Poland amounted to X tons per ha in 2022, stabilizing at 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. Over the period under review, the average millet yield hit record highs at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the millet harvested area in Poland amounted to X ha, picking up by X% compared with the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The millet harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Millet Exports

Exports from Poland

In 2022, the amount of millet exported from Poland surged to X tons, growing by X% on the previous year's figure. Overall, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, millet exports surged to $X in 2022. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for millet exports from Poland, with a X% share of total exports. Moreover, millet exports to Germany exceeded the volume sent to the second major destination, Hungary (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 totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Belgium (X% per year).

In value terms, Germany ($X), Hungary ($X) and Belgium ($X) were the largest markets for millet exported from Poland worldwide, with a combined X% share of total exports. The Netherlands, the Czech Republic and Greece lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the average millet export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Greece ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

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

Millet Imports

Imports into Poland

In 2022, the amount of millet imported into Poland contracted significantly to X tons, declining by X% against the year before. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, millet imports contracted markedly to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined markedly in the following year.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest millet supplier to Poland, accounting for a X% share of total imports. Moreover, millet imports from Ukraine exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), more than tenfold. Kazakhstan (X tons) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average millet import price stood at $X per ton in 2022, surging by X% against the previous year. In general, import price indicated tangible growth 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, millet import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: 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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