Eastern Europe: Nuts Market 2024

Nuts Market Size in Eastern Europe

After two years of growth, the East European nuts market decreased by X% to $X in 2022. The market 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 throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced in the following year.

Nuts Production in Eastern Europe

In value terms, nuts production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Ukraine (X tons) remains the largest nuts producing country in Eastern Europe, accounting for X% of total volume. Moreover, nuts production in Ukraine exceeded the figures recorded by the second-largest producer, Romania (X tons), twofold. The third position in this ranking was held by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Ukraine amounted to X%. In the other countries, the average annual rates were as follows: Romania (X% per year) and Russia (X% per year).

The average nuts yield expanded slightly to X tons per ha in 2022, with an increase of X% compared with 2021 figures. Overall, the yield, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of nuts production in Eastern Europe reduced to X ha, which is down by X% on the previous year's figure. The total harvested area indicated a resilient expansion from 2012 to 2022: its figure 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, nuts harvested area increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then declined in the following year.

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Nuts Exports

Exports in Eastern Europe

In 2022, approx. X tons of nuts were exported in Eastern Europe; waning by X% against 2021 figures. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nuts exports reduced remarkably to $X in 2022. Over the period under review, exports saw a abrupt contraction. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Belarus (X tons) and Ukraine (X tons) represented the key exporters of nuts in 2022, recording near X% and X% of total exports, respectively. Poland (X tons) ranks next in terms of the total exports with a X% share, followed by Russia (X%) and Moldova (X%). Slovakia (X tons) and Hungary (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest nuts supplying countries in Eastern Europe were Slovakia ($X), Poland ($X) and Ukraine ($X), together accounting for X% of total exports. Belarus, Russia, Moldova and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Belarus, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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, waning by X% against the previous year. In general, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then declined notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the export price figures.

Nuts Imports

Imports in Eastern Europe

In 2022, after six years of growth, there was significant decline in supplies from abroad of nuts, when their volume decreased by X% to X tons. Overall, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, nuts imports declined markedly to $X in 2022. In general, imports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, Russia (X tons) represented the key importer of nuts, mixing up X% of total imports. Poland (X tons) held the second position in the ranking, followed by Romania (X tons), Lithuania (X tons), Moldova (X tons), Belarus (X tons), Ukraine (X tons), Hungary (X tons), Slovakia (X tons) and the Czech Republic (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to nuts imports into Russia stood at X%. At the same time, Belarus (X%), Romania (X%), the Czech Republic (X%), Poland (X%), Lithuania (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Slovakia and Moldova experienced a relatively flat trend pattern. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Romania (X p.p.), Belarus (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Russia, Slovakia, Moldova and Ukraine saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Romania, with a CAGR of X%, recorded 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

The import price in Eastern Europe stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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