Poland: Peanut Butter Market 2024

Peanut Butter Market Size in Poland

The Polish peanut butter market shrank to $X in 2022, dropping by X% against the previous year. Overall, consumption showed a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Peanut butter consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Peanut Butter Production in Poland

In value terms, peanut butter production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Peanut butter production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Peanut Butter Exports

Exports from Poland

In 2022, approx. X tons of peanut butter and prepared or preserved groundnuts were exported from Poland; jumping by X% compared with the year before. Over the period under review, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, peanut butter exports expanded remarkably to $X in 2022. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Romania (X tons) and the Czech Republic (X tons) were the main destinations of peanut butter exports from Poland, with a combined X% share of total exports. Bulgaria, the Netherlands, Slovakia, Spain, Austria, Hungary, Croatia, Lithuania, Sweden and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peanut butter exported from Poland were Germany ($X), Romania ($X) and the Czech Republic ($X), with a combined X% share of total exports. The Netherlands, Slovakia, Bulgaria, Spain, Austria, Croatia, Hungary, Lithuania, Sweden and Ukraine lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average peanut butter export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a slight contraction. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lithuania ($X per ton) and Sweden ($X per ton), while the average price for exports to Bulgaria ($X per ton) and Austria ($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 Croatia (X%), while the prices for the other major destinations experienced a decline.

Peanut Butter Imports

Imports into Poland

In 2022, the amount of peanut butter and prepared or preserved groundnuts imported into Poland surged to X tons, rising by X% on the year before. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, peanut butter imports skyrocketed to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of peanut butter to Poland, with a X% share of total imports. Moreover, peanut butter imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Greece (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the Netherlands ($X), Germany ($X) and Greece ($X) constituted the largest peanut butter suppliers to Poland, together accounting for X% of total imports.

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

Import Prices by Country

In 2022, the average peanut butter import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Greece ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform