Price for Protein; Concentrates and Textured Protein Substances in Poland - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Poland (FOB) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Poland (CIF) - 2024
- Exports of Protein; Concentrates and Textured Protein Substances in Poland
- Imports of Protein; Concentrates and Textured Protein Substances in Poland
Price for Protein; Concentrates and Textured Protein Substances in Poland (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $10,430 per ton, growing by 40% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for protein; concentrates and textured protein substanceses increased by +50.3% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($18,278 per ton), while the average price for exports to Israel ($2,727 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 Slovakia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Poland (CIF) - 2024
In March 2024, the average import price for protein; concentrates and textured protein substanceses amounted to $1,816 per ton, waning by -2.8% against the previous month. In general, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in June 2023 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $4,721 per ton. From July 2023 to March 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Ukraine ($5,511 per ton), while the price for Serbia ($1,434 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Protein; Concentrates and Textured Protein Substances in Poland
In 2022, overseas shipments of protein; concentrates and textured protein substanceses decreased by -25.1% to 7.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year.
In value terms, exports of protein; concentrates and textured protein substanceses stood at $75M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Protein; Concentrates and Textured Protein Substances in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 0.4 | 0.5 | 1.0 | 14.9 | 234.0% |
Germany | 3.0 | 5.0 | 6.4 | 8.5 | 41.5% |
France | 0.7 | 0.6 | 1.7 | 4.9 | 91.3% |
Singapore | 1.0 | 8.7 | 33.6 | 4.4 | 63.9% |
Netherlands | 0.2 | 0.6 | 1.6 | 3.6 | 162.1% |
Czech Republic | 1.2 | 3.8 | 2.8 | 3.4 | 41.5% |
Italy | 0.3 | 0.1 | 0.4 | 2.8 | 110.5% |
Turkey | 0.3 | 0.3 | 0.9 | 2.2 | 94.3% |
United Arab Emirates | 0.4 | 0.4 | 1.8 | 2.0 | 71.0% |
Sweden | 0.1 | 0.4 | 1.2 | 2.0 | 171.4% |
Ukraine | 0.5 | 0.9 | 0.7 | 1.1 | 30.1% |
Israel | 0.8 | 1.0 | 0.8 | 1.0 | 7.7% |
Hungary | 0.1 | 0.1 | 0.2 | 0.9 | 108.0% |
Others | 7.6 | 12.2 | 18.4 | 23.2 | 45.1% |
Total | 16.5 | 34.5 | 71.3 | 74.7 | 65.4% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Poland in 2022:
- Slovakia (814.1 tons)
- France (732.6 tons)
- Germany (645.9 tons)
- Singapore (636.2 tons)
- Italy (608.4 tons)
- Czech Republic (405.6 tons)
- Israel (358.4 tons)
- Netherlands (332.2 tons)
- Ukraine (326.9 tons)
- Turkey (247.3 tons)
- Hungary (237.7 tons)
- Sweden (230.4 tons)
- United Arab Emirates (163.1 tons)
Imports of Protein; Concentrates and Textured Protein Substances in Poland
In 2022, approx. 18K tons of protein; concentrates and textured protein substanceses were imported into Poland; rising by 42% compared with the previous year. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses skyrocketed to $64M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
Import of Protein; Concentrates and Textured Protein Substances in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovakia | 2.0 | 3.4 | 6.5 | 21.8 | 121.7% |
Germany | 2.8 | 4.9 | 9.4 | 7.5 | 38.9% |
France | 2.3 | 3.0 | 3.8 | 5.4 | 32.9% |
Netherlands | 2.3 | 3.6 | 7.3 | 5.3 | 32.1% |
United States | 5.0 | 3.1 | 4.2 | 4.7 | -2.0% |
Serbia | 1.8 | 2.5 | 2.9 | 4.7 | 37.7% |
Czech Republic | 1.1 | 2.4 | 1.7 | 4.3 | 57.5% |
United Kingdom | 7.2 | 19.7 | 1.0 | 0.4 | -61.8% |
Others | 8.6 | 5.9 | 14.4 | 9.7 | 4.1% |
Total | 33.1 | 48.5 | 51.2 | 63.7 | 24.4% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Poland in 2022:
- Slovakia (7.3K tons)
- Serbia (3.0K tons)
- United States (1.4K tons)
- Germany (1.4K tons)
- Netherlands (1.3K tons)
- France (1.2K tons)
- Czech Republic (0.9K tons)
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