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Report Eastern Europe - Fonio - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Eastern Europe - Fonio - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Europe: Fonio Market 2024

Fonio Market Size in Eastern Europe

In 2022, the East European fonio market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a resilient increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Fonio Production in Eastern Europe

In value terms, fonio production soared to $X in 2022 estimated in export price. In general, production, however, faced a significant decrease. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hungary (X kg) remains the largest fonio producing country in Eastern Europe, comprising approx. X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Hungary totaled X%.

Fonio Exports

Exports in Eastern Europe

In 2022, after four years of growth, there was significant decline in shipments abroad of fonio, when their volume decreased by X% to X kg. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, fonio exports contracted sharply to $X in 2022. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Hungary (X kg) represented the largest exporter of fonio in Eastern Europe, making up X% of total export.

Hungary was also the fastest-growing in terms of the fonio exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) also remains the largest fonio supplier in Eastern Europe.

From 2012 to 2022, the average annual rate of growth in terms of value in Hungary amounted to X%.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, remaining constant against the previous year. In general, the export price saw buoyant growth. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to X% per year.

Fonio Imports

Imports in Eastern Europe

In 2022, overseas purchases of fonio increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports continue to indicate temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fonio imports skyrocketed to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. Romania (X tons) held a relatively small share of total imports.

Poland was also the fastest-growing in terms of the fonio imports, with a CAGR of X% from 2012 to 2022. Romania (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Romania (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, dropping by X% against the previous year. Overall, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Poland amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Poland constituted the country with the largest volume of fonio consumption, comprising approx. 94% of total volume. Moreover, fonio consumption in Poland exceeded the figures recorded by the second-largest consumer, Romania, more than tenfold.
Hungary remains the largest fonio producing country in Eastern Europe, comprising approx. 100% of total volume.
In value terms, Hungary $47) remains the largest fonio supplier in Eastern Europe.
In value terms, Poland constitutes the largest market for imported fonio in Eastern Europe, comprising 62% of total imports. The second position in the ranking was held by Romania, with a 22% share of total imports.
The export price in Eastern Europe stood at $904 per ton in 2022, remaining relatively unchanged against the previous year.
The import price in Eastern Europe stood at $564 per ton in 2022, with a decrease of -79.3% against the previous year.

This report provides an in-depth analysis of the fonio 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 2030.

Product coverage:

  • FCL 94 - Fonio

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Belarus
    • Bulgaria
    • Czech Republic
    • Estonia
    • Hungary
    • Latvia
    • Lithuania
    • Moldova
    • Poland
    • Romania
    • Russia
    • Slovakia
    • Ukraine

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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