Eastern Europe: Vegetable Product Market 2024

Vegetable Product Market Size in Eastern Europe

In 2022, the East European vegetable product market decreased by X% to $X, falling for the second consecutive year after four years of growth. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vegetable Product Production in Eastern Europe

In value terms, vegetable product production reached $X in 2022 estimated in export price. Overall, production continues to indicate a slight contraction. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

The country with the largest volume of vegetable product production was Poland (X tons), comprising approx. X% of total volume. Moreover, vegetable product production in Poland exceeded the figures recorded by the second-largest producer, Ukraine (X tons), fourfold.

In Poland, vegetable product production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and Moldova (X% per year).

In 2022, the average vegetable product yield in Eastern Europe amounted to X tons per ha, remaining stable against 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable product harvested area fell slightly to X ha in 2022, dropping by X% on 2021. Over the period under review, the harvested area continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Vegetable Product Exports

Exports in Eastern Europe

In 2022, the amount of vegetable products exported in Eastern Europe expanded notably to X tons, surging by X% against 2021. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, vegetable product exports rose modestly to $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Poland (X tons) represented the key exporter of vegetable products, mixing up X% of total exports. Hungary (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (X%) and Lithuania (X%). The Czech Republic (X tons), Russia (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vegetable product exports from Poland stood at X%. At the same time, Hungary (X%), Ukraine (X%), the Czech Republic (X%), Lithuania (X%) and Russia (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Bulgaria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hungary, Poland and Ukraine increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest vegetable product supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, vegetable product exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Lithuania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, declining by X% against the previous year. Export price indicated a temperate increase 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, vegetable product export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

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

Vegetable Product Imports

Imports in Eastern Europe

In 2022, overseas purchases of vegetable products decreased by X% to X tons, falling for the second consecutive year after five years of growth. Total imports indicated a tangible expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vegetable product imports declined to $X in 2022. Total imports indicated a remarkable increase 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. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

Russia represented the major importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Poland (X tons), Hungary (X tons) and the Czech Republic (X tons), together making up a X% share of total imports. The following importers - Ukraine (X tons), Lithuania (X tons) and Romania (X tons) - each accounted for a X% share of total imports.

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

In value terms, the largest vegetable product importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), with a combined X% share of total imports. The Czech Republic, Lithuania, Romania and Ukraine lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Import price indicated moderate growth 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, vegetable product import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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