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Report Update Jan 1, 2025

Hungary - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Poppy Seed Market 2025

Poppy Seed Market Size in Hungary

After two years of decline, the Hungarian poppy seed market increased by 106% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Poppy Seed Production in Hungary

In value terms, poppy seed production declined to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 84%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average poppy seed yield in Hungary amounted to X kg per ha, flattening at the previous year's figure. Over the period under review, the yield, however, showed a slight decline. The pace of growth appeared the most rapid in 2015 when the yield increased by 17% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the average poppy seed yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the poppy seed harvested area in Hungary stood at X ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the harvested area increased by 85%. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the poppy seed harvested area remained at a somewhat lower figure.

Poppy Seed Exports

Exports from Hungary

In 2022, approx. X tons of poppy seed were exported from Hungary; dropping by -34% compared with 2021 figures. Overall, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 69%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, poppy seed exports shrank dramatically to $X in 2022. In general, exports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 67% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for poppy seed exports from Hungary, with a 36% share of total exports. Moreover, poppy seed exports to Russia exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +370.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+51.6% per year) and Austria (+0.3% per year).

In value terms, Russia ($X), the United States ($X) and Austria ($X) constituted the largest markets for poppy seed exported from Hungary worldwide, with a combined 63% share of total exports.

Russia, with a CAGR of +358.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average poppy seed export price stood at $X per ton in 2022, growing by 15% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic ($X 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 the United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Poppy Seed Imports

Imports into Hungary

Poppy seed imports into Hungary stood at X tons in 2022, surging by 7.3% compared with the previous year's figure. In general, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.5% 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 -34.9% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 57%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, poppy seed imports rose notably to $X in 2022. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 51%. 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

In 2022, Slovakia (X tons) constituted the largest poppy seed supplier to Hungary, accounting for a 53% share of total imports. Moreover, poppy seed imports from Slovakia exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fivefold. The third position in this ranking was taken by the UK (X tons), with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia stood at +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-10.5% per year) and the UK (-29.9% per year).

In value terms, Slovakia ($X) constituted the largest supplier of poppy seed to Hungary, comprising 52% of total imports. The second position in the ranking was held by Austria ($X), with a 14% share of total imports. It was followed by the Czech Republic, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovakia amounted to +41.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-6.1% per year) and the Czech Republic (-8.8% per year).

Import Prices by Country

In 2022, the average poppy seed import price amounted to $X per ton, growing by 5.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 89% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Turkey remains the largest poppy seed consuming country worldwide, accounting for 22% of total volume. Moreover, poppy seed consumption in Turkey exceeded the figures recorded by the second-largest consumer, Germany, threefold. Poland ranked third in terms of total consumption with a 6.6% share.
The countries with the highest volumes of poppy seed production in 2020 were Turkey, the Czech Republic and Spain, with a combined 58% share of global production. These countries were followed by Australia, China, France, Hungary, Croatia, Slovakia, Germany, Austria and Palestine, which together accounted for a further 36%.
In value terms, Slovakia, Austria and the UK appeared to be the largest poppy seed suppliers to Hungary, with a combined 72% share of total imports. These countries were followed by Spain and the Czech Republic, which together accounted for a further 24%.
In value terms, the largest markets for poppy seed exported from Hungary were Slovakia, Ukraine and Russia, with a combined 53% share of total exports. These countries were followed by Austria, the Czech Republic, the United States and Serbia, which together accounted for a further 36%.
In 2020, the average poppy seed export price amounted to $2,482 per ton, waning by -22.8% against the previous year.
The average poppy seed import price stood at $2,255 per ton in 2020, waning by -23.3% against the previous year.

This report provides an in-depth analysis of the poppy seed market in Hungary. 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 296 - Poppy seed

Country coverage:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

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