Poland: Soya Bean Market 2025

Soya Bean Market Size in Poland

The Polish soya bean market declined to $X in 2021, reducing by -9.4% against the previous year. In general, consumption, however, saw a remarkable increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Soya Bean Production in Poland

In value terms, soya bean production fell modestly to $X in 2021 estimated in export price. Over the period under review, production saw significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 149%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

In 2021, the average yield of soya beans in Poland dropped slightly to X tons per ha, which is down by -3.1% on 2020 figures. The yield figure increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the yield increased by 13%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2021, the growth of the average soya bean yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of soya beans in Poland expanded significantly to X ha, picking up by 5.2% against the previous year. Overall, the harvested area showed a significant increase. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 140% against the previous year. Over the period under review, the harvested area dedicated to soya bean production reached the maximum at X ha in 2017; however, from 2018 to 2021, the harvested area stood at a somewhat lower figure.

Soya Bean Exports

Exports from Poland

In 2021, the amount of soya beans exported from Poland dropped to X tons, waning by -7.3% against 2020 figures. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,688% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, soya bean exports skyrocketed to $X in 2021. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 1,358% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Finland (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of soya bean exports from Poland, together accounting for 75% of total exports. These countries were followed by Austria, Slovakia, Russia and Belgium, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +412.7%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Germany ($X) and Austria ($X) were the largest markets for soya bean exported from Poland worldwide, together comprising 74% of total exports. Hungary, Slovakia, Belgium and Russia lagged somewhat behind, together accounting for a further 20%.

Belgium, with a CAGR of +327.2%, saw the highest growth rate of 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

In 2021, the average soya bean export price amounted to $X per ton, rising by 65% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Russia ($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 Finland (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Soya Bean Imports

Imports into Poland

In 2021, approx. X tons of soya beans were imported into Poland; waning by -37.3% compared with the year before. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by 194% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, soya bean imports dropped to $X in 2021. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 175%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Argentina (X tons), Slovakia (X tons) and Ukraine (X tons) were the main suppliers of soya bean imports to Poland, together accounting for 62% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +32.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soya bean suppliers to Poland were Argentina ($X), Ukraine ($X) and Germany ($X), with a combined 59% share of total imports.

Argentina, with a CAGR of +93.3%, 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

The average soya bean import price stood at $X per ton in 2021, jumping by 50% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+59.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :