Updated Jan 22, 2023 00:52

Papaya Market in Poland

Market Overview
In , after two years of decline, there was significant growth in the Polish papaya market, when its value increased by % to $. Over the period under review, consumption enjoyed a buoyant expansion. Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption failed to regain momentum.


Consumption
In , after two years of decline, there was significant growth in consumption of papayas, when its volume increased by % to tons. Overall, consumption continues to indicate a strong increase. Papaya consumption peaked at tons in 2019; however, from to , consumption remained at a lower figure.

The revenue of the papaya market in Poland skyrocketed to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a buoyant expansion. Papaya consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.


Market Forecast
Driven by increasing demand for papaya in Poland, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Papaya market in Poland consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Poland remains a net importer of papaya; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.