EU: Poppy Seed Market 2024

Poppy Seed Market Size in the EU

The EU poppy seed market declined to $X in 2022, with a decrease of -5.6% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -13.3% against 2018 indices. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Poppy Seed Production in the EU

In value terms, poppy seed production fell slightly to $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 73%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were the Czech Republic (X tons), Spain (X tons) and France (X tons), together accounting for 70% of total production. Hungary, Croatia, Germany and Slovakia lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Slovakia (with a CAGR of +25.6%), while production for the other leaders experienced more modest paces of growth.

The average poppy seed yield reduced to X kg per ha in 2022, approximately equating 2021 figures. Over the period under review, the yield recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, the poppy seed yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. 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 reached X ha in 2022, almost unchanged from 2021. The harvested area increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 when the harvested area increased by 17%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Poppy Seed Exports

Exports in the EU

In 2022, shipments abroad of poppy seed increased by 3.5% to X tons, rising for the fourth year in a row after three years of decline. Overall, exports, however, showed a mild reduction. The pace of growth was the most pronounced in 2020 with an increase of 9.3% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, poppy seed exports reduced modestly to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.2% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 43%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the Czech Republic (X tons) represented the largest exporter of poppy seed, committing 44% of total exports. Spain (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Poland (9.6%), the Netherlands (7.3%), France (7.2%), Austria (6.1%), Slovakia (5.2%) and Hungary (5.1%).

Exports from the Czech Republic decreased at an average annual rate of -1.5% from 2012 to 2022. At the same time, Slovakia (+21.8%), Poland (+6.9%) and Hungary (+1.5%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +21.8% from 2012-2022. Austria experienced a relatively flat trend pattern. By contrast, France (-2.1%), Spain (-3.8%) and the Netherlands (-7.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland and Slovakia increased by +5.3 and +4.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest poppy seed supplier in the European Union, comprising 44% of total exports. The second position in the ranking was taken by Spain ($X), with a 10% share of total exports. It was followed by Poland, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled +2.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (-0.0% per year) and Poland (+12.3% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, declining by -5.7% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed export price decreased by -24.9% against 2019 indices. The pace of growth was the most pronounced in 2018 when the export price increased by 56%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.5%), while the other leaders experienced more modest paces of growth.

Poppy Seed Imports

Imports in the EU

Poppy seed imports reached X tons in 2022, with an increase of 4% on 2021 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 24%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, poppy seed imports reduced to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 76%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Poland was the major importer of poppy seed in the European Union, with the volume of imports reaching X tons, which was approx. 30% of total imports in 2022. The Netherlands (X tons) took the second position in the ranking, followed by Austria (X tons), Germany (X tons), the Czech Republic (X tons), Hungary (X tons) and Slovakia (X tons). All these countries together held near 56% share of total imports. France (X tons) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the poppy seed imports, with a CAGR of +8.2% from 2012 to 2022. At the same time, the Netherlands (+8.0%), Slovakia (+5.2%) and Hungary (+4.5%) displayed positive paces of growth. By contrast, France (-1.7%), Austria (-2.6%), the Czech Republic (-4.4%) and Germany (-4.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, the Netherlands and Slovakia increased by +14, +6.7 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Germany ($X) and Austria ($X) constituted the countries with the highest levels of imports in 2022, together comprising 50% of total imports.

Poland, with a CAGR of +14.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, shrinking by -10% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 -20.7% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 61%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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