Eastern Europe: Almond Market 2024

Almond Market Size in Eastern Europe

In 2022, after two years of growth, there was significant decline in the East European almond market, when its value decreased by X% to $X. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Almond Production in Eastern Europe

In value terms, almond production declined to $X in 2022 estimated in export price. In general, production, however, showed pronounced growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Moldova (X tons), Bulgaria (X tons) and Hungary (X tons), together accounting for X% of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Bulgaria (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average almond yield declined slightly to X kg per ha in 2022, falling by X% compared with 2021. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the almond 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.

In 2022, the harvested area of almonds in Eastern Europe reduced to X ha, which is down by X% against the year before. The total harvested area indicated a noticeable increase from 2012 to 2022: its figure 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, almond harvested area increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2021, and then contracted in the following year.

Almond Exports

Exports in Eastern Europe

In 2022, almond exports in Eastern Europe shrank remarkably to X tons, falling by X% on the year before. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, almond exports declined significantly to $X in 2022. In general, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Moldova (X tons), Poland (X tons) and Bulgaria (X tons), together recording X% of total export. Lithuania (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%).

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

In value terms, Poland ($X), Bulgaria ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Lithuania and Moldova lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Moldova ($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.

Almond Imports

Imports in Eastern Europe

In 2022, overseas purchases of almonds decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, almond imports declined significantly to $X in 2022. Overall, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Ukraine dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. Romania (X tons) ranks second in terms of the total imports with a X% share, followed by Bulgaria (X%) and Slovakia (X%). Poland (X tons) held a minor share of total imports.

Imports into Ukraine increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Romania (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ukraine, Romania, Bulgaria and Poland increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) constitutes the largest market for imported almonds in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ukraine totaled X%. In the other countries, the average annual rates were as follows: Romania (X% per year) and Bulgaria (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

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 Romania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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