Cereals; Millet, Seed Price in Poland - 2023
Contents:
- Cereals; Millet, Seed Price in Poland (FOB) - 2023
- Cereals; Millet, Seed Price in Poland (CIF) - 2022
- Cereals; Millet, Seed Exports in Poland
- Cereals; Millet, Seed Imports in Poland
Cereals; Millet, Seed Price in Poland (FOB) - 2023
The average cereals; millet, seed export price stood at $590 per ton in May 2023, picking up by 8.3% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 14% m-o-m. The export price peaked at $607 per ton in July 2022; however, from August 2022 to May 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was the Netherlands ($737 per ton), while the average price for exports to the Czech Republic ($423 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Millet, Seed Price in Poland (CIF) - 2022
The average cereals; millet, seed import price stood at $1,958 per ton in 2022, approximately equating the previous year. In general, the import price saw a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 460% against the previous year. As a result, import price reached the peak level of $2,824 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +0.9% per year.
Cereals; Millet, Seed Exports in Poland
In 2022, approx. 1.7K tons of cereals; millet, seeds were exported from Poland; increasing by 75% compared with the year before. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed exports soared to $929K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Millet, Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 269 | 157 | 228 | 398 | 13.9% |
| Netherlands | 12.7 | 147 | 50.8 | 327 | 195.3% |
| Belgium | 89.3 | 49.0 | 71.2 | 134 | 14.5% |
| Switzerland | N/A | N/A | N/A | 28.4 | 0% |
| Czech Republic | 37.8 | 30.8 | 19.8 | N/A | -27.6% |
| Others | 23.5 | 18.6 | 35.7 | 42.1 | 21.5% |
| Total | 432 | 403 | 406 | 929 | 29.1% |
Top Export Markets for Cereals; Millet, Seed from Poland in 2022:
- Germany (752.9 tons)
- Netherlands (558.0 tons)
- Belgium (247.9 tons)
- Switzerland (44.0 tons)
Cereals; Millet, Seed Imports in Poland
In 2022, purchases abroad of cereals; millet, seeds decreased by 0% to 1.1 tons, falling for the second year in a row after two years of growth. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 1,180% against the previous year. As a result, imports attained the peak of 23 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; millet, seed imports amounted to $2.2K in 2022. Over the period under review, imports saw a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports reached the peak of $6K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereals; Millet, Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.3 | N/A | N/A | 2.2 | -12.6% |
| United Kingdom | 1.1 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | 6.0 | N/A | N/A | 0% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 5.0 | 6.0 | N/A | 2.2 | -23.9% |
Top Suppliers of Cereals; Millet, Seed to Poland in 2022:
- Germany (1.1 tons)
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