Eastern Europe: Lentil Market 2024

Lentil Market Size in Eastern Europe

In 2023, after three years of growth, there was significant decline in the East European lentil market, when its value decreased by X% to $X. Overall, consumption, however, recorded a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2022, and then fell markedly in the following year.

Lentil Production in Eastern Europe

In value terms, lentil production surged to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Russia (X tons) remains the largest lentil producing country in Eastern Europe, accounting for X% of total volume. Moreover, lentil production in Russia exceeded the figures recorded by the second-largest producer, Bulgaria (X tons), more than tenfold.

In Russia, lentil production expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bulgaria (X% per year) and Ukraine (X% per year).

In 2023, the average yield of lentils in Eastern Europe declined to X tons per ha, approximately reflecting 2022. In general, the yield, however, showed a resilient increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2017; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the lentil harvested area in Eastern Europe dropped to X ha, reducing by X% compared with 2022. Over the period under review, the harvested area, however, showed a prominent increase. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2023, the harvested area failed to regain momentum.

Lentil Exports

Exports in Eastern Europe

In 2023, the amount of lentils exported in Eastern Europe skyrocketed to X tons, rising by X% on 2022 figures. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked in 2023 and is likely to continue growth in the near future.

In value terms, lentil exports surged to $X in 2023. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Russia dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2023. Ukraine (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to lentil exports from Russia stood at X%. At the same time, Ukraine (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Russia and Ukraine increased by X and X percentage points, respectively.

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

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Lentil Imports

Imports in Eastern Europe

In 2023, the amount of lentils imported in Eastern Europe dropped to X tons, waning by X% against the previous year's figure. Total imports indicated a noticeable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, lentil imports fell to $X in 2023. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

The Czech Republic (X tons) and Bulgaria (X tons) represented roughly X% of total imports in 2023. Poland (X tons) took the next position in the ranking, followed by Hungary (X tons), Slovakia (X tons) and Romania (X tons). All these countries together held approx. X% share of total imports. Russia (X tons) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Bulgaria ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Hungary, Slovakia, Romania and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded 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

In 2023, the import price in Eastern Europe amounted to $X per ton, dropping by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lentil import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform