Poland: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in Poland

The Polish market for protein concentrates and flavoured or coloured sugar syrups fell to $X in 2021, with a decrease of -12.8% against the previous year. In general, consumption recorded a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in Poland

In value terms, production of protein concentrates and flavoured or coloured sugar syrups fell to $X in 2021 estimated in export price. In general, production recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports from Poland

In 2021, exports of protein concentrates and flavoured or coloured sugar syrups from Poland soared to X tons, with an increase of 90% on 2020 figures. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 133% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups soared to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Singapore (X tons) was the main destination for exports of protein concentrates and flavoured or coloured sugar syrups from Poland, accounting for a 54% share of total exports. Moreover, exports of protein concentrates and flavoured or coloured sugar syrups to Singapore exceeded the volume sent to the second major destination, Germany (X tons), eightfold. The third position in this ranking was held by the Czech Republic (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to +233.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.8% per year) and the Czech Republic (+60.7% per year).

In value terms, Singapore ($X) remains the key foreign market for protein concentrates and flavoured or coloured sugar syrups exports from Poland, comprising 48% of total exports. The second position in the ranking was held by Germany ($X), with a 9.1% share of total exports. It was followed by the UK, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +182.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.0% per year) and the UK (+34.4% per year).

Export Prices by Country

In 2021, the average export price for protein concentrates and flavoured or coloured sugar syrups amounted to $X per ton, surging by 9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports into Poland

In 2021, the amount of protein concentrates and flavoured or coloured sugar syrups imported into Poland dropped modestly to X tons, falling by -3.7% compared with 2020 figures. Over the period under review, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.3% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups expanded notably to $X in 2021. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 81%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Serbia (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main suppliers of imports of protein concentrates and flavoured or coloured sugar syrups to Poland, with a combined 48% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +143.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Slovakia ($X) constituted the largest protein concentrate and flavoured or coloured sugar syrup suppliers to Poland, with a combined 45% share of total imports.

Slovakia, with a CAGR of +131.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for protein concentrates and flavoured or coloured sugar syrups amounted to $X per ton, surging by 9.8% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for protein concentrates and flavoured or coloured sugar syrups increased by +1.8% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 52% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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