Spain: Poppy Seed Market 2024

Poppy Seed Market Size in Spain

The Spanish poppy seed market declined to $X in 2022, waning by -11.3% against the previous year. Overall, consumption, however, enjoyed significant growth. Poppy seed consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Poppy Seed Production in Spain

In value terms, poppy seed production declined slightly to $X in 2022 estimated in export price. Overall, production saw a resilient expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 117%. Poppy seed production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average yield of poppy seed in Spain was estimated at X tons per ha, remaining stable against the year before. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 4.1%. The poppy seed yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of poppy seed were harvested in Spain; approximately reflecting 2021. The harvested area increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 10%. The poppy seed harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Poppy Seed Exports

Exports from Spain

Poppy seed exports from Spain soared to X tons in 2022, jumping by 17% on the year before. Overall, exports, however, saw a pronounced slump. The pace of growth was the most pronounced in 2019 with an increase of 67% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, poppy seed exports soared to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 95%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for poppy seed exports from Spain, with a 37% share of total exports. Moreover, poppy seed exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Poland (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+2.1% per year) and Poland (-1.8% per year).

In value terms, the United States ($X) remains the key foreign market for poppy seed exports from Spain, comprising 46% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total exports. It was followed by Poland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+7.9% per year) and Poland (+2.9% per year).

Export Prices by Country

In 2022, the average poppy seed export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed export price decreased by -19.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 the United States (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Poppy Seed Imports

Imports into Spain

In 2022, the amount of poppy seed imported into Spain declined modestly to X tons, which is down by -4% compared with 2021 figures. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 76%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, poppy seed imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2014 when imports increased by 84%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of poppy seed to Spain, accounting for a 62% share of total imports. Moreover, poppy seed imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was held by France (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.4% per year) and France (+6.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of poppy seed to Spain, comprising 67% of total imports. The second position in the ranking was taken by Poland ($X), with a 17% share of total imports. It was followed by France, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.5% per year) and France (+6.5% per year).

Import Prices by Country

The average poppy seed import price stood at $X per ton in 2022, picking up by 42% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed import price decreased by -29.6% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 52%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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