Eastern Europe: Ice Cream Market 2024

Ice Cream Market Size in Eastern Europe

After two years of growth, the East European ice cream market decreased by X% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Ice Cream Production in Eastern Europe

In value terms, ice cream production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Ice Cream Exports

Exports in Eastern Europe

In 2022, shipments abroad of ice cream decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, ice cream exports reduced to $X in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Poland was the major exporting country with an export of around X tons, which finished at X% of total exports. Hungary (X tons) held the second position in the ranking, distantly followed by Lithuania (X tons), Russia (X tons) and the Czech Republic (X tons). All these countries together held near X% share of total exports. Belarus (X tons) and Ukraine (X tons) took a little share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), Lithuania (X%), Ukraine (X%), the Czech Republic (X%), Russia (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Poland, Lithuania and Belarus increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries 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, approximately mirroring the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Russia ($X per ton) and the Czech Republic ($X per ton), while Belarus ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Ice Cream Imports

Imports in Eastern Europe

In 2022, overseas purchases of ice cream decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. Total imports indicated temperate 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. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, ice cream imports declined markedly to $X in 2022. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

Poland (X tons), Hungary (X tons), the Czech Republic (X tons) and Romania (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Slovakia (X tons), Bulgaria (X tons), Lithuania (X tons) and Russia (X tons), together comprising a X% share 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 Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ice cream importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), together comprising X% of total imports. Hungary, Russia, Slovakia, Bulgaria and Lithuania lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, dropping by 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 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Hungary ($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

Frequently Asked Questions (FAQ) :