Poland: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in Poland

The Polish frozen crustaceans market rose to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, saw a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Frozen Crustaceans Production in Poland

In value terms, frozen crustaceans production expanded modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Frozen crustaceans production peaked at $X in 2020; afterwards, it flattened through to 2022.

Frozen Crustaceans Exports

Exports from Poland

In 2022, exports of frozen crustaceans from Poland contracted to X tons, waning by X% on the year before. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, frozen crustaceans exports soared to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Belarus (X tons) was the main destination for frozen crustaceans exports from Poland, with a X% share of total exports. Moreover, frozen crustaceans exports to Belarus exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Ukraine (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Ukraine (X% per year).

In value terms, Germany ($X), Belarus ($X) and Romania ($X) were the largest markets for frozen crustaceans exported from Poland worldwide, together comprising X% of total exports. Ukraine, Lithuania, Slovakia, Portugal and Sweden lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to 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 frozen crustaceans export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belarus ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into Poland

In 2022, supplies from abroad of frozen crustaceans decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, frozen crustaceans imports rose significantly to $X in 2022. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Vietnam (X tons), India (X tons) and Greenland (X tons) were the main suppliers of frozen crustaceans imports to Poland, with a combined X% share of total imports. Guyana, the Netherlands, Ecuador, Bangladesh, Denmark and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen crustaceans suppliers to Poland were Vietnam ($X), India ($X) and the Netherlands ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen crustaceans import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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