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Poland - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Poland - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights

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Jul 27, 2023

Poland Sees Margarine and Shortening Price Surge to $1,926 per Ton

Poland Margarine And Shortening Export Price in April 2023

In April 2023, the margarine and shortening price stood at $1,926 per ton (FOB, Poland), flattening at the previous month. Over the period from April 2022 to April 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in July 2022 when the average export price increased by 19% m-o-m. The export price peaked at $2,011 per ton in August 2022; however, from September 2022 to April 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($2,597 per ton), while the average price for exports to Hungary ($1,677 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Margarine And Shortening in Poland (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Greece2,0022,1571,9602,4292,3522,2292,3472,5832,6342,6882,8962,6972,597
Sweden1,8061,8661,8782,1992,2432,1382,1452,2022,3232,1742,1942,1592,165
Netherlands1,8881,8171,8552,1412,1071,9991,9901,9802,2932,2672,2372,1492,114
Austria1,8221,9401,8892,2302,3202,1632,0432,2622,2152,1902,1391,8662,041
United Kingdom1,6411,5261,6062,0682,0321,8301,8651,9732,1121,8871,8371,9211,940
France1,7431,7321,8302,0632,2722,2182,2102,3432,4382,1942,1572,0611,873
Germany1,8271,8972,0032,2782,3532,3032,1112,1251,9902,2372,0671,9561,871
Czech Republic1,5801,5821,6171,9651,9031,8611,8421,7951,9921,7091,9001,9251,815
Lithuania1,8291,8031,8651,9971,9501,8351,8361,9331,9711,9711,7751,9341,797
Romania1,2591,4081,0931,1941,2361,4181,5761,6301,7411,8271,5301,6091,746
Slovakia1,6011,5111,4291,6571,8311,7541,8141,7582,0111,6451,5281,5681,684
Hungary1,2591,2441,2491,4281,4841,4121,3921,4291,6451,5381,5511,5881,677
Average1,6531,6221,6641,9842,0111,8431,8471,8772,0031,9431,9171,9101,926

Poland Margarine And Shortening Export Prices by Type

Average prices varied somewhat for the major types of exported product. In April 2023, the product with the highest price was liquid margarine and edible mixtures of animal or vegetable fats ($2,378 per ton), while the average price for exports of non-liquid margarine totaled $1,835 per ton.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for the following types: liquid margarine and edible mixtures of animal or vegetable fats (+1.8%).

Poland Margarine And Shortening Exports

In April 2023, approximately 17K tons of margarine and shortening were exported from Poland; with a decrease of -14.2% on March 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 with an increase of 56% against the previous month.

In value terms, margarine and shortening exports shrank to $34M (IndexBox estimates) in April 2023. Over the period under review, total exports indicated tangible growth from April 2022 to April 2023: its value increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports decreased by -13.5% against March 2023 indices. The most prominent rate of growth was recorded in August 2022 with an increase of 58% month-to-month.

Poland Margarine And Shortening Exports by Type

Non-liquid margarine (15K tons) was the largest type of margarine and shortening exported from Poland, with a 83% share of total exports. Moreover, non-liquid margarine exceeded the volume of the second product type, liquid margarine and edible mixtures of animal or vegetable fats (2.9K tons), fivefold.

From April 2022 to April 2023, the average monthly growth rate of the volume of export of non-liquid margarine was relatively modest.

In value terms, non-liquid margarine ($27M) remains the largest type of margarine and shortening exported from Poland, comprising 79% of total exports. The second position in the ranking was taken by liquid margarine and edible mixtures of animal or vegetable fats ($6.9M), with a 21% share of total exports.

From April 2022 to April 2023, the average monthly growth rate of the export volume of non-liquid margarine was relatively modest.

Poland Margarine And Shortening Exports by Country

The UK (3.9K tons), Germany (2.8K tons) and Hungary (2.6K tons) were the main destinations of margarine and shortening exports from Poland, with a combined 53% share of total exports. The Netherlands, the Czech Republic, France, Sweden, Lithuania, Austria, Romania, Slovakia and Greece lagged somewhat behind, together comprising a further 38%.

From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +6.3%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($7.6M), Germany ($5.2M) and the Netherlands ($5.1M) constituted the largest markets for margarine and shortening exported from Poland worldwide, together accounting for 53% of total exports.

The Netherlands, with a CAGR of +7.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the margarine and shortening market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1242 - Margarine and Shortening

Country coverage:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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