Non-Liquid Margarine Price in Poland - 2023
Contents:
- Non-Liquid Margarine Price in Poland (FOB) - 2023
- Non-Liquid Margarine Price in Poland (CIF) - 2023
- Non-Liquid Margarine Exports in Poland
- Non-Liquid Margarine Imports in Poland
Non-Liquid Margarine Price in Poland (FOB) - 2023
The average non-liquid margarine export price stood at $1,912 per ton in June 2023, with an increase of 2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in July 2022 when the average export price increased by 20% month-to-month. The export price peaked at $1,993 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Greece ($2,882 per ton), while the average price for exports to Slovakia ($1,335 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Price in Poland (CIF) - 2023
The average non-liquid margarine import price stood at $2,104 per ton in June 2023, waning by -3.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2023 an increase of 9% month-to-month. As a result, import price attained the peak level of $2,203 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($2,711 per ton), while the price for Germany ($1,769 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Exports in Poland
In 2022, approx. 192K tons of non-liquid margarine were exported from Poland; picking up by 13% on 2021. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, non-liquid margarine exports soared to $345M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Liquid Margarine in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 29.5 | 48.3 | 50.9 | 79.1 | 38.9% |
| Germany | 26.3 | 18.6 | 32.6 | 61.1 | 32.4% |
| Hungary | 32.6 | 35.3 | 41.1 | 53.0 | 17.6% |
| Czech Republic | 26.5 | 19.0 | 25.6 | 33.3 | 7.9% |
| Netherlands | 4.0 | 4.8 | 8.8 | 30.1 | 96.0% |
| France | 2.1 | 1.7 | 7.7 | 18.3 | 105.8% |
| Slovakia | 8.7 | 8.2 | 11.0 | 13.6 | 16.1% |
| Greece | 6.7 | 6.5 | 9.4 | 11.1 | 18.3% |
| Romania | 4.3 | 1.2 | 1.9 | 3.1 | -10.3% |
| Russia | 3.2 | 3.4 | 3.8 | 1.1 | -29.9% |
| Others | 19.1 | 18.9 | 27.0 | 40.7 | 28.7% |
| Total | 163 | 166 | 220 | 345 | 28.4% |
Top Export Markets for Non-Liquid Margarine from Poland in 2022:
- United Kingdom (44.2K tons)
- Hungary (36.9K tons)
- Germany (30.4K tons)
- Czech Republic (18.9K tons)
- Netherlands (15.1K tons)
- France (9.1K tons)
- Slovakia (8.0K tons)
- Greece (5.2K tons)
- Romania (2.6K tons)
- Russia (0.5K tons)
Non-Liquid Margarine Imports in Poland
In 2022, approx. 19K tons of non-liquid margarine were imported into Poland; surging by 8.5% on the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, non-liquid margarine imports skyrocketed to $34M in 2022. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Non-Liquid Margarine in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.0 | 3.8 | 10.4 | 9.5 | 68.1% |
| Germany | 4.5 | 1.8 | 3.0 | 8.0 | 21.1% |
| Bulgaria | 1.8 | 1.0 | 3.3 | 7.2 | 58.7% |
| Slovakia | 1.6 | 2.0 | 2.7 | 3.5 | 29.8% |
| Italy | 2.0 | 1.7 | 2.6 | 2.9 | 13.2% |
| Denmark | 0.6 | 0.5 | 1.6 | 0.9 | 14.5% |
| Lithuania | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Netherlands | 5.8 | 3.1 | 3.7 | 0.4 | -59.0% |
| Ukraine | 0.5 | 0.7 | 0.4 | 0.2 | -26.3% |
| Others | 0.7 | 0.7 | 1.2 | 1.2 | 19.7% |
| Total | 20.0 | 15.6 | 29.2 | 34.3 | 19.7% |
Top Suppliers of Non-Liquid Margarine to Poland in 2022:
- Germany (4.8K tons)
- Bulgaria (4.7K tons)
- Belgium (3.9K tons)
- Slovakia (2.1K tons)
- Italy (1.6K tons)
- Denmark (0.5K tons)
- Lithuania (0.4K tons)
- Ukraine (0.1K tons)
- Netherlands (0.1K tons)
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