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Blue poppy seeds: a calm end to the year

December 15, 2022 at 9:06 AM , Der AUDITOR
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CHRUDIM. The Czech blue poppy seed market remains quiet and trading activity is moderate. This compensates for the significant drop in production. Germany has also massively reduced its poppy seed imports this season.

Little activity in the market

The Czech blue poppy seed market is characterised by significantly lower trading activity this season. Although the decline in acreage this year resulted in a crop  of 21,000 mt, which is around 30% smaller than in 2021, the current price level makes the seeds less attractive for many buyers, some of whom had already taken the precaution of stocking up on larger quantities or reducing their input. According to market players, many traders and growers are therefore currently sitting on above-average stocks, even from last year's crop. Prices for Czech blue poppy seeds, <20 ppm morphine, are currently at a level of EUR 2.25-2.35/kg FCA.

Poppy seeds, Czech Republic

Type, quality

EUR/kg

Blue poppy seeds, <20 ppm morphine

2.25-2.35

White poppy seeds, <20 ppm morphine

3.20

FCA Czech Republic, delivered in big bags

Germany reduces imports by 35%

Between August and October 2022, Germany imported a total of 1,047 mt of poppy seeds, a good third less than in the same period of the previous year. Imports from the Czech Republic increased by 7% year-on-year to 532 mt and imports from Australia (+109% to 48 mt) and France (+60% to 24 mt) were also higher. At the same time, imports from countries such as Austria (-36% to 177 mt), the Netherlands (-41% to 155 mt) and Turkey (-12% to 69 mt) declined significantly.

Poppy seed* imports, Germany, in mt

Supplier

2021/22

2022/23

Diff.

Czech Republic

497

532

7.0%

Austria

276

177

-35.9%

Netherlands

261

155

-40.6%

Turkey

78

69

-11.5%

Australia

23

48

108.7%

Belgium

28

25

-10.7%

France

15

24

60.0%

Denmark

9

11

22.2%

Poland

147

1

-99.3%

Spain

82

0

-100.0%

Others

190

5

-97.4%

Total

1,606

1,047

-34.8%

Federal Statistical Office of Germany / Aug-Oct

*12079190 Poppy seeds, whether or not broken (excl. for sowing)

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