Poland: Preserved Sardines Market 2024

Preserved Sardines Market Size in Poland

In 2022, the Polish preserved sardines market decreased by -9.8% to $X, falling for the second year in a row after four years of growth. In general, consumption showed a noticeable slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Preserved Sardines Production in Poland

In value terms, preserved sardines production totaled $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Preserved Sardines Exports

Exports from Poland

Preserved sardines exports from Poland rose remarkably to X tons in 2022, picking up by 7.9% against the year before. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by 49% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, preserved sardines exports rose notably to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for preserved sardines exports from Poland, accounting for a 62% share of total exports. Moreover, preserved sardines exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), eightfold. The third position in this ranking was held by Romania (X tons), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+8.9% per year) and Romania (+17.8% per year).

In value terms, the United States ($X) remains the key foreign market for sardines (prepared or preserved) exports from Poland, comprising 64% of total exports. The second position in the ranking was taken by Australia ($X), with a 9.4% share of total exports. It was followed by Romania, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+5.0% per year) and Romania (+17.9% per year).

Export Prices by Country

The average preserved sardines export price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the export price saw a noticeable slump. The pace of growth appeared the most rapid in 2021 an increase of 9.5%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Ukraine ($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 Ukraine (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sardines Imports

Imports into Poland

In 2022, overseas purchases of sardines (prepared or preserved) decreased by -17.3% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 88%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved sardines imports reduced to $X in 2022. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2019 when imports increased by 101%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Latvia (X tons) constituted the largest supplier of preserved sardines to Poland, accounting for a 62% share of total imports. Moreover, preserved sardines imports from Latvia exceeded the figures recorded by the second-largest supplier, Morocco (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Latvia totaled +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-0.8% per year) and Germany (+11.5% per year).

In value terms, Latvia ($X) constituted the largest supplier of sardines (prepared or preserved) to Poland, comprising 66% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Morocco, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Latvia amounted to +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.6% per year) and Morocco (+0.1% per year).

Import Prices by Country

In 2022, the average preserved sardines import price amounted to $X per ton, surging by 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Italy ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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