Poland: Prepared Mustard Market 2024

Prepared Mustard Market Size in Poland

In 2023, the Polish prepared mustard market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, continues to indicate a noticeable reduction. Prepared mustard consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Prepared Mustard Production in Poland

In value terms, prepared mustard production dropped to $X in 2023 estimated in export price. Overall, production recorded a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Prepared mustard production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Prepared Mustard Exports

Exports from Poland

In 2023, overseas shipments of prepared mustard decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, prepared mustard exports fell to $X in 2023. Overall, exports, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Italy (X tons), the UK (X tons) and the Czech Republic (X tons) were the main destinations of prepared mustard exports from Poland, together comprising X% of total exports. Hungary, Germany, France, Spain, the Netherlands, the United States, Romania, Lithuania, Russia and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for prepared mustard exported from Poland worldwide, with a combined X% share of total exports. The Czech Republic, the Netherlands, the United States, France, Hungary, Spain, Romania, Russia, Lithuania and Denmark lagged somewhat behind, together comprising a further X%.

Denmark, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared mustard export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, export price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, prepared mustard export price increased by X% against 2020 indices. The growth pace was the most rapid in 2022 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Poland

In 2023, the amount of prepared mustard imported into Poland stood at X tons, remaining relatively unchanged against 2022 figures. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, prepared mustard imports skyrocketed to $X in 2023. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and France (X tons) were the main suppliers of prepared mustard imports to Poland, together comprising X% of total imports. Ukraine, the Netherlands, Serbia, Sweden, Spain and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and France ($X) appeared to be the largest prepared mustard suppliers to Poland, together accounting for X% of total imports. Ukraine, the Netherlands, Serbia, Spain, Sweden and Slovakia lagged somewhat behind, together comprising a further X%.

Serbia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared mustard import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2023: 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 2023 figures, prepared mustard import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform