Polish farmers have reasons to be satisfied. The latest data show that the sale of agri-food products abroad reached PLN 82 billion from January to May, i.e. it was 22 percent higher than the year before.
The National Agricultural Support Centre (KOWR) informed that, despite difficult international conditions, Polish food in 2022 will sell well on the European and global markets. – This is confirmed by the significant dynamics of the increase in revenues obtained by the domestic agri-food industry in the first five months of 2022 – emphasised Marcin Wroński, Deputy Director General of the National Agricultural Support Centre.
According to the data provided by KOWR, in the period January-May, sales of agri-food products abroad reached the level of EUR 17.9 billion, i.e. by nearly 22 percent more than in the comparable period a year earlier.
Why are Polish farmers selling more?
– The good results in trade were the product of several factors. First of all, the price competitiveness of Polish products on the international market made it possible for domestic entrepreneurs to obtain significant revenues from foreign sales. At the same time, the growing value of Polish food exports was stimulated by the zloty exchange rate favourable to exporters against the euro and the US dollar and high food prices on the global market – explained Wroński.
KOWR indicated that approx. 75 percent receipts from the export of agri-food products were generated by sales to EU countries. In the period January-May, food exports to EU countries amounted to over EUR 3.3 billion, which meant an increase by 27% compared to the corresponding period of 2021.
Export to non-EU countries much lower
On the other hand, the increase in the value of exports to countries outside the EU was much lower. In the reporting period, Polish agri-food products with a value exceeding EUR 4.5 billion were exported to third countries, by 8% more than a year ago.
KOWR explained that meat and meat products, cereal grains and products, tobacco and tobacco products, dairy products, sugar and confectionery dominated in the export structure of agri-food products.
Source: BusinessInsider
