Spices; Saffron Price in Poland - 2023
Contents:
- Spices; Saffron Price in Poland (FOB) - 2022
- Spices; Saffron Price in Poland (CIF) - 2023
- Spices; Saffron Exports in Poland
- Spices; Saffron Imports in Poland
Spices; Saffron Price in Poland (FOB) - 2022
In 2022, the average spices; saffron export price amounted to $57,928 per ton, picking up by 145% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 339%. As a result, the export price reached the peak level of $79,867 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($1,140,813 per ton), while the average price for exports to Romania ($2,547 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 Portugal (+100.8%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Saffron Price in Poland (CIF) - 2023
The average spices; saffron import price stood at $1.8M per ton in June 2023, with an increase of 25% against the previous month. In general, the import price saw temperate growth. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 170% m-o-m. Over the period under review, average import prices reached the maximum in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was France ($1.9M per ton), while the price for Italy amounted to $1.4M per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced a decline.
Spices; Saffron Exports in Poland
In 2022, overseas shipments of spices; saffra decreased by -66.3% to 33 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports attained the peak of 126 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; saffron exports declined dramatically to $1.9M in 2022. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3.3% against the previous year. As a result, the exports attained the peak of $2.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Saffron in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,782 | 1,852 | 1,687 | 1,428 | -7.1% |
| Portugal | 486 | 542 | 502 | 384 | -7.6% |
| Romania | 47.4 | 28.3 | 34.5 | 41.1 | -4.6% |
| United Kingdom | 32.1 | 10.4 | 18.0 | 19.6 | -15.2% |
| Czech Republic | 22.7 | 5.0 | 5.4 | 3.3 | -47.4% |
| Others | 46.7 | 58.6 | 66.0 | 32.9 | -11.0% |
| Total | 2,417 | 2,496 | 2,313 | 1,909 | -7.6% |
Top Export Markets for Spices; Saffron from Poland in 2022:
- Romania (16.1 tons)
- France (13.4 tons)
- United Kingdom (1.5 tons)
- Czech Republic (0.6 tons)
- Portugal (0.3 tons)
Spices; Saffron Imports in Poland
In 2022, purchases abroad of spices; saffra decreased by -49% to 1.2 tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by 124%. As a result, imports reached the peak of 3.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, spices; saffron imports declined dramatically to $1.3M in 2022. Overall, imports saw a abrupt shrinkage. The smallest decline of -11.7% was in 2020.
| Import of Spices; Saffron in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1,831 | 1,580 | 1,334 | 1,126 | -15.0% |
| Iran | 91.3 | 56.5 | 66.2 | 60.7 | -12.7% |
| France | N/A | N/A | N/A | 37.7 | 0% |
| Indonesia | 28.4 | 33.1 | 40.0 | 27.2 | -1.4% |
| Spain | 5.1 | 3.1 | 14.1 | 20.1 | 58.0% |
| Germany | 38.5 | 1.0 | 1.4 | 0.7 | -73.7% |
| Sweden | N/A | 82.6 | 37.4 | N/A | -54.7% |
| Others | 30.1 | 32.0 | 17.7 | 3.5 | -51.2% |
| Total | 2,024 | 1,788 | 1,511 | 1,276 | -14.3% |
Top Suppliers of Spices; Saffron to Poland in 2022:
- Greece (896.0 kg)
- Indonesia (165.0 kg)
- France (33.0 kg)
- Iran (26.0 kg)
- Spain (24.0 kg)
- Germany (8.0 kg)
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