Eastern Europe: Spinach Market 2024

Spinach Market Size in Eastern Europe

The East European spinach market fell modestly to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Spinach Production in Eastern Europe

In value terms, spinach production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Hungary (X tons), the Czech Republic (X tons) and Poland (X tons), with a combined X% share of total production. Belarus, Romania, Slovakia and Lithuania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of spinach in Eastern Europe rose markedly to X tons per ha, picking up by X% compared with the year before. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the spinach yield attained the maximum level in 2022 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of spinach in Eastern Europe fell to X ha, which is down by X% compared with 2021 figures. Over the period under review, the harvested area saw a mild reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

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Spinach Exports

Exports in Eastern Europe

In 2022, the amount of spinach exported in Eastern Europe reduced modestly to X tons, declining by X% compared with 2021 figures. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, spinach exports rose slightly to $X in 2022. Over the period under review, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland represented the main exporting country with an export of about X tons, which amounted to X% of total exports. Hungary (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%). The Czech Republic (X tons) held a relatively small share of total exports.

Poland was also the fastest-growing in terms of the spinach exports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%), Belarus (X%) and the Czech Republic (X%) displayed positive paces of growth. Poland (X p.p.), Belarus (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by X% from 2012 to 2022, respectively.

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

In Poland, spinach exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, 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 Belarus (X%), while the other leaders experienced more modest paces of growth.

Spinach Imports

Imports in Eastern Europe

In 2022, the amount of spinach imported in Eastern Europe declined to X tons, which is down by X% compared with 2021. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, spinach imports fell to $X in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

Poland was the major importer of spinach in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Russia (X tons) took the second position in the ranking, followed by the Czech Republic (X tons) and Romania (X tons). All these countries together held approx. X% share of total imports. The following importers - Lithuania (X tons), Hungary (X tons), Bulgaria (X tons), Slovakia (X tons), Ukraine (X tons) and Belarus (X tons) - together made up X% of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), Ukraine (X%), Hungary (X%), Slovakia (X%), Romania (X%), Lithuania (X%), the Czech Republic (X%) and Russia (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. By contrast, Bulgaria (X%) illustrated a downward trend over the same period. Poland (X p.p.), Hungary (X p.p.), Ukraine (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic, Russia and Bulgaria saw its share reduced by 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, Poland ($X) constitutes the largest market for imported spinach in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total imports. It was followed by Russia, with an X% share.

In Poland, spinach imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, declining by X% against the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price 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 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, 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