Poland: Sunflower Oilcake Market 2024

Sunflower Oilcake Market Size in Poland

In 2022, the Polish sunflower oilcake market increased by X% to $X, rising for the fifth consecutive year after three years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Sunflower Oilcake Production in Poland

In value terms, sunflower oilcake production stood at $X in 2022 estimated in export price. Overall, production, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Sunflower oilcake production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Sunflower Oilcake Exports

Exports from Poland

After four years of decline, shipments abroad of sunflower oilcake increased by X% to X tons in 2022. Overall, exports saw a remarkable increase. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, sunflower oilcake exports surged to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. 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 sunflower oilcake exports from Poland, accounting for a X% share of total exports. Moreover, sunflower oilcake exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with an 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: the Netherlands (X% per year) and the Czech Republic (X% per year).

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

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

Export Prices by Country

The average sunflower oilcake export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, export price indicated noticeable 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, sunflower oilcake export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Czech Republic ($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.

Sunflower Oilcake Imports

Imports into Poland

In 2022, supplies from abroad of sunflower oilcake was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep setback. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sunflower oilcake imports surged to $X in 2022. Overall, imports, however, showed a perceptible setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ukraine (X tons) was the main supplier of sunflower oilcake to Poland, with a X% share of total imports. It was followed by Hungary (X tons), with a X% share of total imports.

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

In value terms, Ukraine ($X) constituted the largest supplier of sunflower oilcake to Poland, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Russia (X% per year).

Import Prices by Country

The average sunflower oilcake import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, import price indicated pronounced 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, sunflower oilcake import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then fell notably in the following year.

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

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

Source: IndexBox Platform

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