Russian Federation: Poppy Seed Market 2024

Poppy Seed Market Size in the Russian Federation

In 2022, after three years of decline, there was significant growth in the Russian poppy seed market, when its value increased by X% to $X. Overall, the total consumption indicated a buoyant increase 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, consumption decreased by X% against 2018 indices. Poppy seed consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Poppy Seed Exports

Exports from the Russian Federation

In 2022, overseas shipments of poppy seed decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, poppy seed exports reduced remarkably to $X in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for poppy seed exports from Russia, accounting for a X% share of total exports. Moreover, poppy seed exports to Kazakhstan exceeded the volume sent to the second major destination, Turkey (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Kyrgyzstan (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for poppy seed exports from Russia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Turkey (X% per year).

Export Prices by Country

The average poppy seed export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price saw a notable expansion. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Turkey ($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 Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Poppy Seed Imports

Imports into the Russian Federation

After two years of growth, purchases abroad of poppy seed decreased by X% to X tons in 2022. The total import volume 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 pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, poppy seed imports expanded significantly to $X in 2022. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest poppy seed supplier to Russia, accounting for a X% share of total imports. Moreover, poppy seed imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fourfold. Poland (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 Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Poland (X% per year).

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

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

Import Prices by Country

The average poppy seed import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($X per ton) and Poland ($X per ton), while the price for Hungary ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :