Macedonia: Poppy Seed Market 2020

Poppy Seed Market Size in Macedonia

The revenue of the poppy seed market in Macedonia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, poppy seed consumption continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the poppy seed market attained its maximum level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Poppy Seed Production in Macedonia

In value terms, poppy seed production amounted to $X in 2018 estimated in export prices. Over the period under review, poppy seed production continues to indicate a deep downturn. Poppy seed production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

In 2018, the average yield of poppy seed in Macedonia amounted to X kg per ha, leveling off at the previous year. In general, the poppy seed yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Poppy seed harvested area in Macedonia stood at X ha in 2018, flattening at the previous year. Over the period under review, the poppy seed harvested area continues to indicate a relatively flat trend pattern.

Poppy Seed Exports

Exports from Macedonia

In 2018, the exports of poppy seed from Macedonia stood at X tons, dropping by -X% against the previous year. Overall, poppy seed exports continue to indicate a drastic curtailment. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, poppy seed exports amounted to $X in 2018. In general, poppy seed exports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Serbia (X tons) was the main destination for poppy seed exports from Macedonia, accounting for a X% share of total exports. Moreover, poppy seed exports to Serbia exceeded the volume sent to the second major destination, Montenegro (X kg), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume to Serbia totaled -X%.

In value terms, Serbia ($X) remains the key foreign market for poppy seed exports from Macedonia, comprising X% of total poppy seed exports. The second position in the ranking was occupied by Montenegro ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Serbia amounted to -X%.

Export Prices by Country

The average poppy seed export price stood at $X per ton in 2018, going up by X% against the previous year. In general, the poppy seed export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, the average export prices for poppy seed reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Montenegro ($X per ton), while the average price for exports to Serbia totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro.

Poppy Seed Imports

Imports into Macedonia

Poppy seed imports into Macedonia amounted to X kg in 2018, reducing by -X% against the previous year. Overall, poppy seed imports continue to indicate a dramatic deduction. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. In that year, poppy seed imports attained their peak of X tons. From 2017 to 2018, the growth of poppy seed imports remained at a lower figure.

In value terms, poppy seed imports amounted to $X in 2018. Overall, poppy seed imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the Czech Republic (X kg) constituted the largest supplier of poppy seed to Macedonia, with a X% share of total imports. Moreover, poppy seed imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X kg), eightfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Czech Republic stood at -X%.

In value terms, the Czech Republic ($X) constituted the largest supplier of poppy seed to Macedonia, comprising X% of total poppy seed imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from the Czech Republic stood at -X%.

Import Prices by Country

In 2018, the average poppy seed import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price indicated a moderate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, poppy seed import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. In that year, the average import prices for poppy seed attained their peak level and is likely to continue its growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was Poland ($X per ton), while the price for the Czech Republic totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic.

Source: IndexBox Platform