Poland - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Poland - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights

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Mustard Seed Price in Poland - 2023

Contents:

  1. Mustard Seed Price in Poland (FOB) - 2023
  2. Mustard Seed Price in Poland (CIF) - 2023
  3. Mustard Seed Exports in Poland
  4. Mustard Seed Imports in Poland

Mustard Seed Price in Poland (FOB) - 2023

The average mustard seed export price stood at $1,638 per ton in August 2023, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in March 2023 an increase of 6.9% month-to-month. The export price peaked at $1,994 per ton in August 2022; however, from September 2022 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Canada ($8,874 per ton), while the average price for exports to Austria ($914 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mustard Seed Price in Poland (CIF) - 2023

The average mustard seed import price stood at $679 per ton in August 2023, which is down by -14.5% against the previous month. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in November 2022 an increase of 15% m-o-m. The import price peaked at $1,691 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($1,677 per ton), while the price for Russia ($579 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Mustard Seed Exports in Poland

For the fourth consecutive year, Poland recorded growth in shipments abroad of mustard seed, which increased by 9.1% to 14K tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.0% 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 +90.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, mustard seed exports soared to $25M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mustard Seed in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.85.28.68.822.4%
France1.42.71.72.216.3%
United StatesN/AN/AN/A2.20%
Romania0.60.30.81.741.5%
Hungary0.50.40.31.544.2%
Czech Republic0.30.31.71.467.1%
GreeceN/AN/A0.21.1450.0%
Serbia0.10.10.10.791.3%
Netherlands0.20.20.50.644.2%
Austria0.40.60.60.614.5%
Belgium0.20.60.50.644.2%
Slovakia0.1N/A0.30.681.7%
Italy0.10.30.20.458.7%
Others0.50.91.52.673.2%
Total9.111.716.925.140.2%

Top Export Markets for Mustard Seed from Poland in 2022:

  1. Germany (5170.0 tons)
  2. France (1425.5 tons)
  3. Hungary (1253.6 tons)
  4. Romania (883.3 tons)
  5. Czech Republic (825.1 tons)
  6. Greece (521.9 tons)
  7. United States (481.1 tons)
  8. Slovakia (338.8 tons)
  9. Belgium (326.8 tons)
  10. Serbia (326.1 tons)
  11. Austria (324.0 tons)
  12. Netherlands (310.5 tons)
  13. Italy (210.0 tons)

Mustard Seed Imports in Poland

In 2022, mustard seed imports into Poland surged to 28K tons, jumping by 55% compared with the previous year's figure. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 57%. As a result, imports attained the peak of 30K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, mustard seed imports soared to $34M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mustard Seed in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.911.611.723.243.2%
Kazakhstan1.40.70.63.535.7%
Ukraine0.80.60.62.546.2%
Czech RepublicN/AN/A0.71.8157.1%
GermanyN/A0.10.41.0216.2%
India0.10.1N/A0.8100.0%
Others0.30.51.01.571.0%
Total10.613.415.034.247.8%

Top Suppliers of Mustard Seed to Poland in 2022:

  1. Russia (18.7K tons)
  2. Ukraine (2.9K tons)
  3. Kazakhstan (2.8K tons)
  4. Czech Republic (1.6K tons)
  5. India (0.7K tons)
  6. Germany (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mustard seed market in Poland. 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 292 - Mustard seed

Country coverage:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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