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Eastern Europe - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Aug 9, 2019

Spinach Market in Eastern Europe - Consumption Peaked At $49M And Is Likely To Continue Its Robust Growth

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IndexBox has just published a new report: 'Eastern Europe - Spinach - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The revenue of the spinach market in Eastern Europe amounted to $X in 2018, surging by X% 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). In general, spinach consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, when the market value increased by X% y-o-y. Over the period under review, the spinach market reached its peak figure level in 2018, and is expected to retain its growth in the immediate term.

Production in Eastern Europe

In 2018, the amount of spinach produced in Eastern Europe amounted to X tonnes, jumping by X% against the previous year. The total output indicated a conspicuous growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach production decreased by -X% against 2016 indices.

Exports in Eastern Europe

In 2018, approx. X tonnes of spinach were exported in Eastern Europe; shrinking by -X% against the previous year. In general, spinach exports, however, continue to indicate a prominent growth. In value terms, spinach exports amounted to $X (IndexBox estimates) in 2018.

Exports by Country

Poland was the largest exporter of spinach in Eastern Europe, with the volume of exports reaching X tonnes, which was near X% of total exports in 2018. The Czech Republic (X tonnes) ranks second in terms of the total exports with a X% share, followed by Bulgaria (X%), Lithuania (X%) and Latvia (X%). The following exporters - Slovakia (X tonnes) and Hungary (X tonnes) - each finished at a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to spinach exports from Poland stood at +X%. At the same time, Hungary (+X%), Latvia (+X%), Lithuania (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest growing exporter in Eastern Europe, with a CAGR of +X% from 2007-2018. By contrast, the Czech Republic (-X%) and Bulgaria (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Poland, Lithuania, Latvia and Hungary increased by +X%, +X%, +X% and +X% percentage points, while the Czech Republic (-X p.p.) and Bulgaria (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Export Prices by Country

The spinach export price in Eastern Europe stood at $X per tonne in 2018, increasing by X% against the previous year. The export price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach export price increased by +X% against 2013 indices. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the Czech Republic ($X per tonne), while Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

Imports in Eastern Europe

The imports amounted to X tonnes in 2018, jumping by X% against the previous year.In value terms, spinach imports totaled $X (IndexBox estimates) in 2018. Over the period under review, spinach imports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. The level of imports peaked in 2018, and are likely to continue its growth in the near future.

Imports by Country

Poland represented the main importing country with an import of around X tonnes, which finished at X% of total imports. It was distantly followed by Lithuania (X tonnes), Russia (X tonnes), Belarus (X tonnes), Bulgaria (X tonnes), the Czech Republic (X tonnes) and Romania (X tonnes), together constituting X% share of total imports.

Imports into Poland increased at an average annual rate of +X% from 2007 to 2018. At the same time, Belarus (+X%), Lithuania (+X%), Bulgaria (+X%), Russia (+X%), Romania (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in Eastern Europe, with a CAGR of +X% from 2007-2018. While the share of Poland (+X p.p.), Lithuania (+X p.p.), Russia (+X p.p.), Belarus (+X p.p.), Bulgaria (+X p.p.), Romania (+X p.p.) and the Czech Republic (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported spinach in Eastern Europe, comprising X% of total spinach imports. The second position in the ranking was occupied by Lithuania ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

Import Prices by Country

The spinach import price in Eastern Europe stood at $X per tonne in 2018, growing by X% against the previous year. The import price indicated a noticeable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2008, when the import price increased by X% y-o-y. Over the period under review, the import prices for spinach attained their maximum at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was the Czech Republic ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• FCL 373 - Spinach

This report provides an in-depth analysis of the spinach market in Eastern Europe. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Europe, split by region and country
• Trade (exports and imports) in Eastern Europe
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Belarus
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2018–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007-2020
Table 7:
Yield, By Country, 2007-2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007-2020
Figure 25:
Yield, By Country, 2007-2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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