Eastern Europe: Tapioca And Substitutes Market 2024

Tapioca And Substitutes Market Size in Eastern Europe

The East European tapioca and substitutes market rose sharply to $X in 2022, growing by X% against the previous year. Overall, consumption enjoyed a remarkable increase. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Tapioca And Substitutes Production in Eastern Europe

In value terms, tapioca and substitutes production fell modestly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Tapioca And Substitutes Exports

Exports in Eastern Europe

In 2022, approx. X tons of tapioca and substitutes were exported in Eastern Europe; shrinking by X% on 2021. In general, exports, however, recorded strong growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tapioca and substitutes exports reduced to $X in 2022. Over the period under review, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Moldova (X tons), Belarus (X tons) and the Czech Republic (X tons) was the key exporter of tapioca and substitutes in Eastern Europe, constituting X% of total export. Poland (X tons) ranks next in terms of the total exports with a X% share, followed by Hungary (X%), Bulgaria (X%) and Slovakia (X%).

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

In value terms, Moldova ($X), the Czech Republic ($X) and Slovakia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries 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, increasing by X% against the previous year. In general, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, 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 Slovakia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Tapioca And Substitutes Imports

Imports in Eastern Europe

In 2022, the amount of tapioca and substitutes imported in Eastern Europe totaled X tons, picking up by X% against the previous year. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, tapioca and substitutes imports expanded markedly to $X in 2022. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Poland was the major importer of tapioca and substitutes in Eastern Europe, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Russia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%), Romania (X%) and the Czech Republic (X%).

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), Romania (X%), the Czech Republic (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Russia (X p.p.), Romania (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Hungary and Poland saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

In Poland, tapioca and substitutes imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 ($X per ton), while Hungary ($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

Frequently Asked Questions (FAQ) :