United Kingdom: Poppy Seed Market 2024

Poppy Seed Market Size in the UK

The UK poppy seed market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a strong increase. Poppy seed consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Poppy Seed Production in the UK

In value terms, poppy seed production reduced markedly to $X in 2022 estimated in export price. In general, production, however, posted a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X,000%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

In 2022, the average poppy seed yield in the UK totaled less than X kg per ha, remaining constant against the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The poppy seed harvested area in the UK was estimated at less than X ha in 2022, remaining constant against the previous year. Overall, the harvested area recorded a relatively flat trend pattern.

Poppy Seed Exports

Exports from the UK

Poppy seed exports from the UK declined dramatically to X tons in 2022, shrinking by X% compared with the previous year's figure. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, poppy seed exports reduced dramatically to $X in 2022. In general, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for poppy seed exports from the UK, accounting for a X% share of total exports. Moreover, poppy seed exports to the Netherlands exceeded the volume sent to the second major destination, Hungary (X tons), twofold. The third position in this ranking was held by Ireland (X tons), with an X% share.

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

In value terms, the Netherlands ($X) remains the key foreign market for poppy seed exports from the UK, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Ireland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Ireland (X% per year).

Export Prices by Country

The average poppy seed export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a slight descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poppy Seed Imports

Imports into the UK

For the fourth year in a row, the UK recorded decline in overseas purchases of poppy seed, which decreased by X% to X tons in 2022. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, poppy seed imports reduced sharply to $X in 2022. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of poppy seed imports to the UK, together comprising X% of total imports. The Czech Republic, Turkey, Germany, Belgium, Australia and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and China ($X) constituted the largest poppy seed suppliers to the UK, with a combined X% share of total imports. Turkey, the Czech Republic, Germany, India, Belgium and Australia lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 poppy seed import price amounted to $X per ton, which is down by X% against the previous year. Overall, import price indicated a temperate expansion 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 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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