Eastern Europe: Dried Vegetables Market 2024

Dried Vegetables Market Size in Eastern Europe

In 2022, the East European dried vegetables market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate measured growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Dried Vegetables Production in Eastern Europe

In value terms, dried vegetables production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Dried Vegetables Exports

Exports in Eastern Europe

In 2022, the amount of dried vegetables and mixtures of vegetables exported in Eastern Europe skyrocketed to X tons, increasing by X% on the year before. Total exports indicated strong growth 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried vegetables exports reached $X in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Poland represented the major exporting country with an export of about X tons, which accounted for X% of total exports. Hungary (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Latvia (X%). The following exporters - the Czech Republic (X tons) and Russia (X tons) - each amounted to a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), Latvia (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Poland (X p.p.), Latvia (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Latvia ($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 a decline in the export price figures.

Dried Vegetables Imports

Imports in Eastern Europe

In 2022, approx. X tons of dried vegetables and mixtures of vegetables were imported in Eastern Europe; increasing by X% against 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dried vegetables imports totaled $X in 2022. Total imports indicated prominent growth 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. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Russia was the key importer of dried vegetables and mixtures of vegetables in Eastern Europe, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Poland (X tons) held the second position in the ranking, followed by Romania (X tons), Hungary (X tons) and the Czech Republic (X tons). All these countries together held approx. X% share of total imports. The following importers - Slovakia (X tons) and Bulgaria (X tons) - together made up X% of total imports.

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

In value terms, the largest dried vegetables importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), together comprising X% of total imports.

In terms of the main importing countries, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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 the Czech Republic ($X per ton), while Romania ($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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