Poland: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Poland

In 2022, the Polish market for malt extract and food preparations of flour, meal, and starches increased by 60% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in Poland

In value terms, production of malt extract and food preparations of flour, meal, and starches declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% 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 appeared the most rapid in 2013 when the production volume increased by 40%. Production of peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports from Poland

In 2022, shipments abroad of malt extract and food preparations of flour, meal, and starches decreased by -22% to X tons, falling for the second year in a row after nine years of growth. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 46% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of malt extract and food preparations of flour, meal, and starches dropped markedly to $X in 2022. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 65% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Hungary (X tons) and Denmark (X tons) were the main destinations of exports of malt extract and food preparations of flour, meal, and starches from Poland, together accounting for 29% of total exports. France, Senegal, Italy, the Czech Republic, the Netherlands, Mauritania, Belgium, Cote d'Ivoire, Ukraine and Indonesia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +76.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for malt extract and food preparations of flour, meal, and starch exported from Poland were Germany ($X), Senegal ($X) and Denmark ($X), with a combined 22% share of total exports. Hungary, France, Cote d'Ivoire, Mauritania, the Netherlands, Italy, the Czech Republic, Indonesia, Belgium and Ukraine lagged somewhat behind, together accounting for a further 39%.

Among the main countries of destination, France, with a CAGR of +74.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, standing approx. at the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Hungary ($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 (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports into Poland

In 2022, supplies from abroad of malt extract and food preparations of flour, meal, and starches was finally on the rise to reach X tons after four years of decline. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 48% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of malt extract and food preparations of flour, meal, and starches amounted to $X in 2022. Overall, imports posted pronounced growth. The growth pace was the most rapid in 2017 when imports increased by 87% against the previous year. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest malt extract and food preparations of flour, meal, and starch supplier to Poland, with a 56% share of total imports. Moreover, imports of malt extract and food preparations of flour, meal, and starches from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was taken by the Netherlands (X tons), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+23.2% per year) and the Netherlands (+2.3% per year).

In value terms, Germany ($X) constituted the largest supplier of malt extract and food preparations of flour, meal, and starches to Poland, comprising 54% of total imports. The second position in the ranking was taken by Belgium ($X), with a 7.2% share of total imports. It was followed by France, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+14.0% per year) and France (+0.0% per year).

Import Prices by Country

In 2022, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, falling by -2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 an increase of 27%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 Slovakia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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