Price for Flour and Meal; of Potatoes in Poland - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Poland (FOB) - 2023
2. Price for Flour and Meal; of Potatoes in Poland (CIF) - 2023
3. Exports of Flour and Meal; of Potatoes in Poland
4. Imports of Flour and Meal; of Potatoes in Poland

Price for Flour and Meal; of Potatoes in Poland (FOB) - 2023

In June 2023, the average export price for flour and meal; of potatoeses amounted to $2,787 per ton, almost unchanged from the previous month. In general, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, flour and meal; of potatoes export price increased by +89.5% against July 2022 indices. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 24% month-to-month. Over the period under review, the average export prices attained the peak figure in June 2023.

Average prices varied somewhat for the major overseas markets. In June 2023, the country with the highest price was Japan ($2,833 per ton), while the average price for exports to the UK ($1,895 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Poland (CIF) - 2023

In May 2023, the average import price for flour and meal; of potatoeses amounted to $4,699 per ton, with an increase of 23% against the previous month. In general, the import price showed a prominent increase. The growth pace was the most rapid in November 2022 when the average import price increased by 119% month-to-month. As a result, import price reached the peak level of $5,526 per ton. From December 2022 to May 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Italy ($9,969 per ton), while the price for Germany ($3,284 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flour and Meal; of Potatoes in Poland

In 2022, after three years of growth, there was significant decline in overseas shipments of flour and meal; of potatoeses, when their volume decreased by -12.3% to 5.3K tons. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports attained the peak of 6.1K tons, and then shrank in the following year.

In value terms, flour and meal; of potatoes exports surged to $9.3M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Flour and Meal; of Potatoes from Poland in 2022:

1. Japan (1114.0 tons)
2. United States (726.8 tons)
3. France (608.9 tons)
4. Germany (505.5 tons)
5. Italy (460.1 tons)
6. Romania (308.1 tons)
7. Portugal (290.4 tons)
8. New Zealand (236.0 tons)
9. Denmark (189.0 tons)
10. United Kingdom (183.9 tons)
11. Israel (176.0 tons)
12. Indonesia (110.0 tons)
13. Netherlands (80.4 tons)

Imports of Flour and Meal; of Potatoes in Poland

Flour and meal; of potatoes imports into Poland expanded modestly to 786 tons in 2022, increasing by 2.5% compared with 2021. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, flour and meal; of potatoes imports contracted to $1.8M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 113%.

Top Suppliers of Flour and Meal; of Potatoes to Poland in 2022:

1. Germany (622.7 tons)
2. Netherlands (67.5 tons)
3. Italy (46.9 tons)
4. Portugal (34.7 tons)
5. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform