Poland: Market for Herring, Salted Or In Brine 2024

Market Size for Herring, Salted Or In Brine in Poland

The Polish market for herring, salted or in brine dropped to $X in 2022, which is down by -6.5% against the previous year. Overall, consumption continues to indicate a abrupt contraction. Herring, salted or in brine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Herring, Salted Or In Brine in Poland

In value terms, herring, salted or in brine production contracted remarkably to $X in 2022 estimated in export price. In general, production showed a deep reduction. The pace of growth was the most pronounced in 2021 when the production volume increased by 45%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Herring, Salted Or In Brine

Exports from Poland

Herring, salted or in brine exports from Poland fell to X tons in 2022, declining by -7.4% against 2021. Over the period under review, exports, however, recorded strong growth. The growth pace was the most rapid in 2020 with an increase of 372%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, herring, salted or in brine exports dropped to $X in 2022. In general, exports, however, recorded a mild expansion. The pace of growth was the most pronounced in 2020 with an increase of 245% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons), Slovakia (X tons) and Spain (X tons) were the main destinations of herring, salted or in brine exports from Poland, with a combined 79% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +20.0%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for herring, salted or in brine exports from Poland, comprising 51% of total exports. The second position in the ranking was held by Slovakia ($X), with a 20% share of total exports. It was followed by Spain, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+4.6% per year) and Spain (+26.1% per year).

Export Prices by Country

The average export price for herring, salted or in brine stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 37%. The export price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the average price for exports to Slovakia ($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 Spain (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Herring, Salted Or In Brine

Imports into Poland

In 2022, after two years of decline, there was significant growth in purchases abroad of herring, salted or in brine, when their volume increased by 39% to X tons. Overall, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 135%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, herring, salted or in brine imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Lithuania (X tons) constituted the largest herring, salted or in brine supplier to Poland, accounting for a 85% share of total imports. Moreover, herring, salted or in brine imports from Lithuania exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Lithuania totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+20.3% per year) and Germany (-43.6% per year).

In value terms, Lithuania ($X) constituted the largest supplier of herring, salted or in brine to Poland, comprising 92% of total imports. The second position in the ranking was taken by Sweden ($X), with a 6.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Lithuania amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+9.5% per year) and Germany (-40.2% per year).

Import Prices by Country

The average import price for herring, salted or in brine stood at $X per ton in 2022, dropping by -4.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 112% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then contracted modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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