Slovakia: Poppy Seed Market 2024

Poppy Seed Market Size in Slovakia

The Slovak poppy seed market declined notably to $X in 2022, waning by X% against the previous year. Overall, consumption, however, posted prominent growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Poppy Seed Production in Slovakia

In value terms, poppy seed production declined modestly to $X in 2022 estimated in export price. In general, production posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average yield of poppy seed in Slovakia totaled X kg per ha, picking up by X% on 2021 figures. Overall, the yield indicated resilient growth from 2012 to 2022: its figure 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, poppy seed yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the average poppy seed yield hit record highs at X tons per ha in 2014; however, from 2015 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of poppy seed in Slovakia was estimated at X ha, with an increase of X% compared with 2021. In general, the harvested area posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to poppy seed production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

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Poppy Seed Exports

Exports from Slovakia

In 2022, exports of poppy seed from Slovakia contracted dramatically to X tons, waning by X% against the previous year. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, poppy seed exports reduced dramatically to $X in 2022. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), the Czech Republic (X tons) and Poland (X tons) were the main destinations of poppy seed exports from Slovakia, with a combined X% share of total exports. Estonia, Croatia, Romania and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poppy seed exported from Slovakia were Hungary ($X), the Czech Republic ($X) and Poland ($X), with a combined X% share of total exports. Croatia, Romania, Estonia and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Estonia, with a CAGR of X.6%, 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 poppy seed export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price saw a noticeable reduction. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Estonia ($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 Croatia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Poppy Seed Imports

Imports into Slovakia

In 2022, after two years of growth, there was significant decline in purchases abroad of poppy seed, when their volume decreased by X% to X tons. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell notably in the following year.

In value terms, poppy seed imports dropped notably to $X in 2022. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest supplier of poppy seed to Slovakia, with 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), more than tenfold. Poland (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 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 ($X) constituted the largest supplier of poppy seed to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with an 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 amounted to 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, declining by X% against the previous year. Overall, import price indicated a slight increase 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, poppy seed import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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