Eastern Europe: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Eastern Europe

In 2020, after two years of growth, there was significant decline in the East European prepared frozen vegetable market, when its value decreased by -X% to $X. The total consumption indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2013 indices. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2019, and then fell in the following year.

Prepared Frozen Vegetable Production in Eastern Europe

In value terms, prepared frozen vegetable production dropped to $X in 2020 estimated in export prices. The total production indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019, and then fell in the following year.

Production By Country in Eastern Europe

Russia (X tons) constituted the country with the largest volume of prepared frozen vegetable production, comprising approx. X% of total volume. Moreover, prepared frozen vegetable production in Russia exceeded the figures recorded by the second-largest producer, Ukraine (X tons), eightfold. The third position in this ranking was occupied by Poland (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Russia stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Ukraine (+X% per year) and Poland (+X% per year).

Prepared Frozen Vegetable Exports

Exports in Eastern Europe

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports, however, posted tangible growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, prepared frozen vegetable exports reduced to $X in 2020. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2019, and then reduced modestly in the following year.

Exports by Country

Poland was the main exporting country with an export of about X tons, which amounted to X% of total exports. The Czech Republic (X tons) held the second position in the ranking, followed by Estonia (X tons). All these countries together occupied approx. X% share of total exports. The following exporters - Ukraine (X tons), Romania (X tons), Bulgaria (X tons) and Lithuania (X tons) - each amounted to a X% share of total exports.

Exports from Poland increased at an average annual rate of +X% from 2007 to 2020. At the same time, Ukraine (+X%), Estonia (+X%), Romania (+X%), Lithuania (+X%), the Czech Republic (+X%) and Bulgaria (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. While the share of the Czech Republic (+X p.p.), Estonia (+X p.p.), Ukraine (+X p.p.), Romania (+X p.p.) and Lithuania (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Poland (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest prepared frozen vegetable supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Poland amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Estonia (+X% per year).

Export Prices by Country

In 2020, the prepared frozen vegetable export price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Export price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable export price increased by +X% against 2014 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Estonia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports in Eastern Europe

For the fifth consecutive year, Eastern Europe recorded growth in purchases abroad of frozen vegetables and mixtures of vegetables (prepared or preserved), which increased by X% to X tons in 2020. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. The volume of import peaked in 2020 and is likely to see gradual growth in years to come.

In value terms, prepared frozen vegetable imports expanded markedly to $X in 2020. Over the period under review, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in years to come.

Imports by Country

The purchases of the seven major importers of frozen vegetables and mixtures of vegetables (prepared or preserved), namely Poland, the Czech Republic, Romania, Russia, Slovakia, Hungary and Bulgaria, represented more than two-thirds of total import. The following importers - Lithuania (X tons) and Belarus (X tons) - each finished at a X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belarus, while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2020, together comprising X% of total imports. Russia, Hungary, Slovakia, Bulgaria, Lithuania and Belarus lagged somewhat behind, together accounting for a further X the main importing countries, Belarus saw the highest growth rate of 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 prepared frozen vegetable import price in Eastern Europe stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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