Eastern Europe: Preserved Peas Market 2024

Preserved Peas Market Size in Eastern Europe

The East European preserved peas market rose rapidly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Preserved Peas Production in Eastern Europe

In value terms, preserved peas production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Preserved Peas Exports

Exports in Eastern Europe

In 2022, approx. X tons of preserved peas were exported in Eastern Europe; with an increase of X% on 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved peas exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary represented the main exporter of preserved peas in Eastern Europe, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X tons), Poland (X tons) and Belarus (X tons), together comprising a X% share of total exports. Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to preserved peas exports from Hungary stood at X%. At the same time, Russia (X%), Poland (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Moldova (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Moldova and Hungary saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) remains the largest preserved peas supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

In Hungary, preserved peas exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Preserved Peas Imports

Imports in Eastern Europe

In 2022, approx. X tons of preserved peas were imported in Eastern Europe; increasing by X% on the previous year's figure. In general, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved peas imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a slight decrease. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) represented the major importer of preserved peas, committing X% of total imports. It was distantly followed by Belarus (X tons), Lithuania (X tons), Romania (X tons), the Czech Republic (X tons), Bulgaria (X tons), Ukraine (X tons), Poland (X tons) and Hungary (X tons), together making up a X% share of total imports.

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

In value terms, Russia ($X) constitutes the largest market for imported preserved peas in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Lithuania (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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