Eastern Europe: Almond Market 2025

Almond Market Size in Eastern Europe

The East European almond market expanded rapidly to $X in 2021, picking up by 10% against the previous year. In general, consumption showed a pronounced expansion. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Almond Production in Eastern Europe

In value terms, almond production dropped rapidly to $X in 2021 estimated in export price. Overall, production saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 87% against the previous year. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

The countries with the highest volumes of production in 2021 were Moldova (X tons), Bulgaria (X tons) and Poland (X tons), together comprising 86% of total production.

From 2012 to 2021, the biggest increases were in Bulgaria (with a CAGR of +8.2%), while production for the other leaders experienced more modest paces of growth.

The average almond yield rose rapidly to X kg per ha in 2021, growing by 5.8% compared with 2020 figures. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 94%. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2021, the growth of the almond yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of almonds production in Eastern Europe rose slightly to X ha, with an increase of 2.1% compared with the previous year. The total harvested area indicated pronounced growth from 2012 to 2021: its figure increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond harvested area decreased by -3.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 34%. Over the period under review, the harvested area dedicated to almond production attained the maximum at X ha in 2018; afterwards, it flattened through to 2021.

Almond Exports

Exports in Eastern Europe

In 2021, after three years of decline, there was significant growth in overseas shipments of almonds, when their volume increased by 229% to X tons. In general, exports saw a prominent expansion. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, almond exports soared to $X in 2021. Overall, exports, however, continue to indicate a pronounced decrease. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Moldova (X tons) was the main exporter of almonds, making up 48% of total exports. Poland (X tons) ranks second in terms of the total exports with a 24% share, followed by Lithuania (19%) and Bulgaria (6.1%). The Czech Republic (X tons) held a little share of total exports.

Exports from Moldova increased at an average annual rate of +39.7% from 2012 to 2021. At the same time, Lithuania (+99.1%), the Czech Republic (+36.2%) and Bulgaria (+28.2%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +99.1% from 2012-2021. By contrast, Poland (-4.7%) illustrated a downward trend over the same period. While the share of Moldova (+44 p.p.), Lithuania (+19 p.p.), Bulgaria (+5 p.p.) and the Czech Republic (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Poland (-37.3 p.p.) displayed negative dynamics.

In value terms, Poland ($X), Lithuania ($X) and Moldova ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 81% of total exports.

In terms of the main exporting countries, Lithuania, with a CAGR of +91.6%, recorded 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 2021, shrinking by -23.2% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2020 when the export price increased by 72% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.3%), while the other leaders experienced mixed trends in the export price figures.

Almond Imports

Imports in Eastern Europe

In 2021, approx. X tons of almonds were imported in Eastern Europe; with an increase of 32% against the previous year. Overall, imports saw slight growth. The growth pace was the most rapid in 2018 with an increase of 117% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, almond imports soared to $X in 2021. Over the period under review, imports continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 138% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

Imports by Country

Ukraine prevails in imports structure, accounting for X tons, which was near 84% of total imports in 2021. It was distantly followed by Poland (X tons), generating a 7.8% share of total imports. The following importers - Slovakia (X tons) and Romania (X tons) - each amounted to a 4.1% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to almond imports into Ukraine stood at +7.6%. At the same time, Poland (+40.5%) and Romania (+3.5%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +40.5% from 2012-2021. By contrast, Slovakia (-7.9%) illustrated a downward trend over the same period. While the share of Ukraine (+35 p.p.) and Poland (+7.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Slovakia (-3.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) constitutes the largest market for imported almonds in Eastern Europe, comprising 82% of total imports. The second position in the ranking was taken by Poland ($X), with a 9.2% share of total imports. It was followed by Romania, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value in Ukraine totaled +7.1%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+39.8% per year) and Romania (+4.8% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, dropping by -7.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 20%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+1.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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