Poland: Mustard Seed Market 2022

Mustard Seed Market Size in Poland

The Polish mustard seed market fell dramatically to $X in 2021, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate noticeable growth. Mustard seed consumption peaked at $X in 2020, and then shrank markedly in the following year.

Mustard Seed Exports

Exports from Poland

In 2021, exports of mustard seed from Poland skyrocketed to X tonnes, rising by X% compared with 2020. In general, exports saw a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, mustard seed exports skyrocketed to $X in 2021. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tonnes) was the main destination for mustard seed exports from Poland, with a X% share of total exports. Moreover, mustard seed exports to Germany exceeded the volume sent to the second major destination, France (X tonnes), fivefold. Romania (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2021, 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: France (+X% per year) and Romania (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Romania (+X% per year).

Export Prices by Country

In 2021, the average mustard seed export price amounted to $X per tonne, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per tonne. From 2014 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Estonia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Mustard Seed Imports

Imports into Poland

In 2021, after four years of growth, there was significant decline in purchases abroad of mustard seed, when their volume decreased by -X% to X tonnes. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2020, and then fell remarkably in the following year.

In value terms, mustard seed imports expanded sharply to $X in 2021. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tonnes) constituted the largest supplier of mustard seed to Poland, accounting for a X% share of total imports. Moreover, mustard seed imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tonnes), more than tenfold. Ukraine (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Ukraine (-X% per year).

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

From 2012 to 2021, the average annual growth rate of value from Russia 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

In 2021, the average mustard seed import price amounted to $X per tonne, surging by X% against the previous year. Overall, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($X per tonne), while the price for Kazakhstan ($X per tonne) was amongst the lowest.

From 2012 to 2021, 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