Eastern Europe: Wheat Gluten Market 2024

Wheat Gluten Market Size in Eastern Europe

In 2022, the East European wheat gluten market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Wheat Gluten Production in Eastern Europe

In value terms, wheat gluten production soared to $X in 2022 estimated in export price. The total output value 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 in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Wheat Gluten Exports

Exports in Eastern Europe

In 2022, overseas shipments of wheat gluten decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wheat gluten exports soared to $X in 2022. In general, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons), Poland (X tons) and Lithuania (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Hungary (X tons), making up an X% share of total exports. The Czech Republic (X tons) took a little share of total exports.

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

In value terms, the largest wheat gluten supplying countries in Eastern Europe were Poland ($X), Russia ($X) and Lithuania ($X), together comprising X% of total exports. Hungary and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Wheat Gluten Imports

Imports in Eastern Europe

For the third year in a row, Eastern Europe recorded growth in overseas purchases of wheat gluten, which increased by X% to X tons in 2022. Overall, imports recorded a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, wheat gluten imports soared to $X in 2022. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Poland (X tons) was the major importer of wheat gluten, constituting X% of total imports. Hungary (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), Romania (X%), Bulgaria (X%) and Russia (X%). Ukraine (X tons) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the wheat gluten imports, with a CAGR of X% from 2012 to 2022. At the same time, the Czech Republic (X%), Bulgaria (X%), Hungary (X%), Russia (X%), Ukraine (X%) and Romania (X%) displayed positive paces of growth. Poland (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Russia, Ukraine, Hungary and Romania saw its share reduced by X%, 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 ($X) constitutes the largest market for imported wheat gluten in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland totaled X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, rising by 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.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Ukraine ($X per ton), while Hungary ($X per ton) and Bulgaria ($X per ton) were 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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