Eastern Europe: Coconut Market 2024

Coconut Market Size in Eastern Europe

In 2022, the East European coconut market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption, however, saw a prominent increase. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Coconut Production in Eastern Europe

In value terms, coconut production totaled $X in 2022 estimated in export price. In general, production, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X,000%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Belarus (X kg), Hungary (X kg) and Slovakia (X kg).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Belarus (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

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Coconut Exports

Exports in Eastern Europe

In 2022, the amount of coconuts exported in Eastern Europe fell significantly to X tons, waning by X% compared with 2021. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, coconut exports contracted markedly to $X in 2022. In general, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X tons) and Lithuania (X tons) represented roughly X% of total exports in 2022. Hungary (X tons) ranks next in terms of the total exports with a X% share, followed by the Czech Republic (X%). The following exporters - Bulgaria (X tons), Russia (X tons) and Latvia (X tons) - each resulted at a X% share of total exports.

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

In value terms, Poland ($X), Bulgaria ($X) and Lithuania ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Bulgaria, with a CAGR of X%, saw the highest growth rate of 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

The export price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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

Coconut Imports

Imports in Eastern Europe

In 2022, purchases abroad of coconuts decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, imports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, coconut imports contracted slightly to $X in 2022. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by the Czech Republic (X tons), Poland (X tons), Lithuania (X tons), Ukraine (X tons) and Romania (X tons), together committing a X% share of total imports. Bulgaria (X tons) held a little share of total imports.

Russia was also the fastest-growing in terms of the coconuts imports, with a CAGR of X% from 2012 to 2022. At the same time, the Czech Republic (X%), Bulgaria (X%), Romania (X%), Ukraine (X%) and Poland (X%) displayed positive paces of growth. By contrast, Lithuania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and the Czech Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Russia, coconut imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Bulgaria ($X per ton), while Russia ($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.

Source: IndexBox Platform

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