Czech Republic - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoppy Seed Price in the Czech Republic - 2023
Contents:
- Poppy Seed Price in the Czech Republic (FOB) - 2023
- Poppy Seed Price in the Czech Republic (CIF) - 2023
- Poppy Seed Exports in the Czech Republic
- Poppy Seed Imports in the Czech Republic
Poppy Seed Price in the Czech Republic (FOB) - 2023
In July 2023, the average poppy seed export price amounted to $2,752 per ton, remaining constant against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 9.5% m-o-m. The export price peaked in July 2023.
Average prices varied somewhat for the major export markets. In July 2023, the countries with the highest prices were Slovakia ($3,171 per ton) and Russia ($2,757 per ton), while the average price for exports to Ukraine ($2,330 per ton) and Romania ($2,512 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Poppy Seed Price in the Czech Republic (CIF) - 2023
In July 2023, the average poppy seed import price amounted to $2,511 per ton, declining by -4.6% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 12% against the previous month. The import price peaked at $2,859 per ton in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Russia ($2,861 per ton) and Slovakia ($2,581 per ton), while the price for Serbia ($1,970 per ton) and Austria ($2,366 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Poppy Seed Exports in the Czech Republic
In 2022, approx. 27K tons of poppy seed were exported from the Czech Republic; growing by 20% compared with the previous year's figure. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, poppy seed exports expanded rapidly to $63M in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Poppy Seed in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 7.0 | 9.3 | 10.6 | 14.6 | 27.8% |
| Russia | 14.5 | 16.4 | 14.0 | 12.8 | -4.1% |
| Austria | 12.4 | 14.0 | 11.9 | 10.3 | -6.0% |
| Slovakia | 8.4 | 6.8 | 4.6 | 8.2 | -0.8% |
| Germany | 5.1 | 5.8 | 6.0 | 5.5 | 2.5% |
| India | 2.4 | N/A | N/A | 2.6 | 2.7% |
| Netherlands | 2.8 | 2.9 | 3.4 | 2.3 | -6.3% |
| Ukraine | 1.5 | 0.3 | 1.5 | 1.8 | 6.3% |
| Hungary | 2.9 | 0.4 | 0.3 | 0.6 | -40.9% |
| Others | 5.9 | 5.5 | 5.3 | 4.7 | -7.3% |
| Total | 63.0 | 61.3 | 57.5 | 63.4 | 0.2% |
Top Export Markets for Poppy Seed from the Czech Republic in 2022:
- Poland (7.4K tons)
- Russia (4.9K tons)
- Austria (4.6K tons)
- Slovakia (2.8K tons)
- Germany (2.5K tons)
- Netherlands (1.0K tons)
- Ukraine (0.9K tons)
- India (0.6K tons)
- Hungary (0.2K tons)
Poppy Seed Imports in the Czech Republic
For the fourth year in a row, the Czech Republic recorded growth in supplies from abroad of poppy seed, which increased by 40% to 4.2K tons in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, poppy seed imports skyrocketed to $9.2M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Poppy Seed in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | N/A | 1.2 | 4.7 | 260.9% |
| Slovakia | 4.8 | 5.7 | 4.6 | 2.5 | -19.5% |
| Estonia | N/A | N/A | N/A | 1.0 | 0% |
| Hungary | 0.1 | 1.6 | 1.0 | 0.5 | 71.0% |
| Croatia | N/A | N/A | N/A | 0.2 | 0% |
| Spain | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| Russia | 0.1 | 0.4 | N/A | N/A | 300.0% |
| Austria | 0.8 | 0.2 | 0.3 | N/A | -38.8% |
| Others | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Total | 7.0 | 8.1 | 7.5 | 9.2 | 9.5% |
Top Suppliers of Poppy Seed to the Czech Republic in 2022:
- China (2498.9 tons)
- Slovakia (946.9 tons)
- Estonia (312.0 tons)
- Hungary (215.6 tons)
- Croatia (119.0 tons)
- Austria (0.1 tons)
This report provides an in-depth analysis of the poppy seed market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 296 - Poppy seed
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global poppy seed market was estimated at X tons in 2016, which was X% more than in the previous year.
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Global poppy seed consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global poppy seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global poppy seed imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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