Eastern Europe: Vinegar-Preserved Vegetable Market 2024

Vinegar-Preserved Vegetable Market Size in Eastern Europe

After three years of growth, the East European vinegar-preserved vegetable 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; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Vinegar-Preserved Vegetable Production in Eastern Europe

In value terms, vinegar-preserved vegetable production expanded sharply 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 pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in the near future.

Vinegar-Preserved Vegetable Exports

Exports in Eastern Europe

For the fifth year in a row, Eastern Europe recorded growth in shipments abroad of vegetables in vinegar other than potatoes, which increased by X% to X tons in 2022. 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 somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, vinegar-preserved vegetable exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland was the key exporter of vegetables in vinegar other than potatoes in Eastern Europe, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Hungary (X tons) ranks second in terms of the total exports with a X% share, followed by Belarus (X%), the Czech Republic (X%) and Russia (X%). The following exporters - Romania (X tons), Slovakia (X tons), Ukraine (X tons) and Bulgaria (X tons) - together made up X% of total exports.

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

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

From 2012 to 2022, 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: 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, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

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

Vinegar-Preserved Vegetable Imports

Imports in Eastern Europe

In 2022, supplies from abroad of vegetables in vinegar other than potatoes increased by X% to X tons, rising for the sixth year in a row after two years of decline. The total import volume 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. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, vinegar-preserved vegetable imports dropped modestly to $X in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its value 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, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

Russia represented the largest importer of vegetables in vinegar other than potatoes in Eastern Europe, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Romania (X tons) ranks second in terms of the total imports with a X% share, followed by Poland (X%), the Czech Republic (X%) and Hungary (X%). The following importers - Lithuania (X tons), Bulgaria (X tons), Slovakia (X tons), Latvia (X tons), Belarus (X tons), Ukraine (X tons) and Estonia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to vinegar-preserved vegetable imports into Russia stood at X%. At the same time, Bulgaria (X%), Hungary (X%), Romania (X%), Poland (X%), Latvia (X%), Belarus (X%), Lithuania (X%), Slovakia (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, Estonia (X%) and Ukraine (X%) illustrated a downward trend over the same period. Romania (X p.p.), Hungary (X p.p.), Poland (X p.p.), Bulgaria (X p.p.), the Czech Republic (X p.p.), Latvia (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia 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, the largest vinegar-preserved vegetable importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), together accounting for X% of total imports. The Czech Republic, Lithuania, Slovakia, Hungary, Bulgaria, Latvia, Ukraine, Estonia and Belarus lagged somewhat behind, together comprising a further X%.

Bulgaria, 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

In 2022, the import price in Eastern Europe amounted to $X per ton, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, 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 Poland ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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