Eastern Europe: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Eastern Europe

In 2020, after four years of growth, there was significant decline in the East European roots and tubers, nes market, when its value decreased by -X% to $X. The total consumption indicated a moderate expansion from 2007 to 2020: its value decreased 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. The pace of growth was the most pronounced in 2009 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2010 to 2020, the growth of the market remained at a lower figure.

Production of Roots and Tubers, nes in Eastern Europe

In value terms, roots and tubers, nes production contracted to $X in 2020 estimated in export prices. Over the period under review, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2010 to 2020, production growth failed to regain the momentum.

The countries with the highest volumes of roots and tubers, nes production in 2020 were Russia (X tons), Estonia (X tons) and Slovakia (X tons), together comprising X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of roots and tubers, nes production, amongst the main producing countries, was attained by Slovakia, while roots and tubers, nes production for the other leaders experienced mixed trends in the production figures.

Production By Country in Eastern Europe

The countries with the highest volumes of roots and tubers, nes production in 2020 were Russia (X tons), Estonia (X tons) and Slovakia (X tons), together comprising X% of total production.

From 2007 to 2020, the biggest increases were in Slovakia, while roots and tubers, nes production for the other leaders experienced mixed trends in the production figures.

Exports of Roots and Tubers, nes

Exports in Eastern Europe

In 2020, overseas shipments of roots and tubers, nes decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, roots and tubers, nes exports fell markedly to $X in 2020. Over the period under review, exports showed a mild expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2019, and then declined dramatically in the following year.

Exports by Country

Poland was the key exporting country with an export of around X tons, which resulted at X% of total exports. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by Bulgaria (X%) and Hungary (X%). Ukraine (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to roots and tubers, nes exports from Poland stood at +X%. At the same time, Bulgaria (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, Russia (-X%) and Ukraine (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Poland, Bulgaria, Hungary and Russia increased by +X%, +X%, +X% and +X% percentage points, while Ukraine (-X p.p.) saw their share reduced.

In value terms, Poland ($X) remains the largest roots and tubers, nes supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Poland stood at +X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Hungary (+X% per year).

Export Prices by Country

The roots and tubers, nes export price in Eastern Europe stood at $X per ton in 2020, dropping by -X% against the previous year. Export price indicated temperate growth 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, roots and tubers, nes export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton, and then contracted in the following year.

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

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

Imports of Roots and Tubers, nes

Imports in Eastern Europe

After four years of growth, supplies from abroad of roots and tubers, nes decreased by -X% to X tons in 2020. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2019, and then fell remarkably in the following year.

In value terms, roots and tubers, nes imports fell markedly to $X in 2020. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. The level of import peaked at $X in 2019, and then dropped notably in the following year.

Imports by Country

In 2020, Poland (X tons), distantly followed by Russia (X tons), Hungary (X tons), the Czech Republic (X tons), Bulgaria (X tons) and Slovakia (X tons) represented the main importers of roots and tubers, nes, together creating X% of total imports. Romania (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Slovakia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported roots and tubers, nes in Eastern Europe, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Poland amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Hungary (+X% per year).

Import Prices by Country

The roots and tubers, nes import price in Eastern Europe stood at $X per ton in 2020, rising 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 when the import price increased by X% year-to-year. The level of import peaked in 2020 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

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