
Belarus - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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Belarus: Spinach Market Overview 2021
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Spinach Market Size in Belarus
For the fifth consecutive year, the Belarusian spinach market recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Spinach consumption peaked in 2019 and is likely to continue growth in the near future.
Spinach Production in Belarus
In value terms, spinach production expanded sharply to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Spinach production peaked in 2019 and is likely to see gradual growth in the near future.
In 2019, the average yield of spinach in Belarus amounted to X kg per ha, leveling off at the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The spinach harvested area in Belarus was estimated at X ha in 2019, remaining relatively unchanged against 2018. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.
Spinach Exports
Exports from Belarus
In 2019, the amount of spinach exported from Belarus stood at X kg, remaining constant against 2018 figures. Overall, exports showed a relatively flat trend pattern. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.
In value terms, spinach exports totaled $X in 2019. In general, exports saw a relatively flat trend pattern. Exports peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.
Exports by Country
From 2007 to 2019, the average annual growth rate of volume to No country was relatively modest.
From 2007 to 2019, the average annual growth rate of value to No country was relatively modest.
Spinach Imports
Imports into Belarus
For the sixth year in a row, Belarus recorded growth in supplies from abroad of spinach, which increased by X% to X tonnes in 2019. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spinach imports surged to $X in 2019. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Italy (X tonnes), Lebanon (X tonnes) and Poland (X tonnes) were the main suppliers of spinach imports to Belarus, with a combined X% share of total imports. These countries were followed by Paraguay, Tanzania, Bangladesh and Turkey, which together accounted for a further X 2007 to 2019, the biggest increases were in Paraguay (+X% per year), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X) constituted the largest supplier of spinach to Belarus, comprising X% of total imports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of total imports. It was followed by Poland, with a X% share.
From 2007 to 2019, the average annual growth rate of value from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+X% per year) and Poland (+X% per year).
Import Prices by Country
The average spinach import price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Lebanon ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for spinach in the world?+
The country with the largest volume of spinach consumption was China (25M tonnes), accounting for 91% of total volume.
What are the largest producers of spinach in the world?+
The country with the largest volume of spinach production was China (25M tonnes), accounting for 91% of total volume.
What are the leading suppliers of spinach to Belarus?+
In value terms, Italy ($345K) constituted the largest supplier of spinach to Belarus, comprising 47% of total imports. The second position in the ranking was occupied by Paraguay ($115K), with a 16% share of total imports. It was followed by Poland, with a 14% share.
What is the average import price for spinach in Belarus?+
The average spinach import price stood at $1,574 per tonne in 2019, shrinking by -27.4% against the previous year.
This report provides an in-depth analysis of the spinach market in Belarus. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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