Croatia: Poppy Seed Market 2024

Poppy Seed Market Size in Croatia

In 2022, after four years of growth, there was decline in the Croatian poppy seed market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Poppy Seed Production in Croatia

In value terms, poppy seed production dropped modestly to $X in 2022 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

In 2022, the average yield of poppy seed in Croatia shrank modestly to X kg per ha, almost unchanged from the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the yield increased by X%. Over the period under review, the average poppy seed yield hit record highs at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of poppy seed production in Croatia rose modestly to X ha, picking up by X% against the previous year. In general, the total harvested area indicated a strong expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed harvested area decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the poppy seed harvested area remained at a lower figure.

Poppy Seed Exports

Exports from Croatia

In 2022, the amount of poppy seed exported from Croatia skyrocketed to X tons, jumping by X% compared with the previous year's figure. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, poppy seed exports soared to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X tons), Slovenia (X tons) and Romania (X tons) were the main destinations of poppy seed exports from Croatia, with a combined X% share of total exports. Austria and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poppy seed exported from Croatia were the Czech Republic ($X), Slovenia ($X) and Romania ($X), with a combined X% share of total exports. Austria and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average poppy seed export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the Czech Republic ($X 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 Austria (X%), while the prices for the other major destinations experienced a decline.

Poppy Seed Imports

Imports into Croatia

In 2022, after four years of growth, there was significant decline in overseas purchases of poppy seed, when their volume decreased by X% to X tons. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, poppy seed imports reduced to $X in 2022. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

The Czech Republic (X tons), Slovakia (X tons) and Hungary (X tons) were the main suppliers of poppy seed imports to Croatia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest poppy seed suppliers to Croatia were the Czech Republic ($X), Slovakia ($X) and Austria ($X), with a combined X% share of total imports.

Among the main suppliers, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average poppy seed import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed import price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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