Eastern Europe: Green Bean Market 2024

Green Bean Market Size in Eastern Europe

The East European green bean market rose remarkably to $X in 2022, growing by 6.3% against the previous year. In general, consumption, however, showed a mild downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Green Bean Production in Eastern Europe

In value terms, green bean production rose sharply to $X in 2022 estimated in export price. In general, production, however, saw a mild reduction. The growth pace was the most rapid in 2020 when the production volume increased by 35% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Poland (X tons), Romania (X tons) and Hungary (X tons), together accounting for 92% of total production. Ukraine, Bulgaria and Moldova lagged somewhat behind, together comprising a further 6.6%.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +1.8%), while production for the other leaders experienced mixed trends in the production figures.

The average green bean yield amounted to X tons per ha in 2022, surging by 1.7% against 2021. The yield figure increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when the yield increased by 21% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the green bean yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of green beans production in Eastern Europe reached X ha, picking up by 3.7% against the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2014 when the harvested area increased by 8.3%. Over the period under review, the harvested area dedicated to green bean production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Green Bean Exports

Exports in Eastern Europe

In 2022, overseas shipments of green beans decreased by -20.8% to X tons, falling for the second year in a row after three years of growth. Overall, exports saw a noticeable descent. The pace of growth appeared the most rapid in 2019 when exports increased by 48% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, green bean exports reduced to $X in 2022. Over the period under review, exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland dominates exports structure, resulting at X tons, which was near 82% of total exports in 2022. Latvia (X tons), Belarus (X tons), Romania (X tons) and Lithuania (X tons) held a relatively small share of total exports.

Exports from Poland decreased at an average annual rate of -1.8% from 2012 to 2022. At the same time, Belarus (+64.1%) and Latvia (+22.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +64.1% from 2012-2022. By contrast, Lithuania (-3.5%) and Romania (-13.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Latvia, Belarus and Poland increased by +3.8, +3.5 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest green bean supplier in Eastern Europe, comprising 81% of total exports. The second position in the ranking was held by Latvia ($X), with a 6.4% share of total exports. It was followed by Romania, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value in Poland was relatively modest. In the other countries, the average annual rates were as follows: Latvia (+29.1% per year) and Romania (-9.0% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, increasing by 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 24% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Latvia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+5.1%), while the other leaders experienced more modest paces of growth.

Green Bean Imports

Imports in Eastern Europe

In 2022, green bean imports in Eastern Europe contracted to X tons, falling by -9.8% against the year before. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.6% 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 +9.5% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by 38% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, green bean imports dropped to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +97.7% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Romania (X tons), distantly followed by Russia (X tons), the Czech Republic (X tons), Hungary (X tons), Poland (X tons), Bulgaria (X tons) and Lithuania (X tons) were the largest importers of green beans, together generating 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +17.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest green bean importing markets in Eastern Europe were Romania ($X), the Czech Republic ($X) and Russia ($X), with a combined 68% share of total imports. Poland, Hungary, Lithuania and Bulgaria lagged somewhat behind, together accounting for a further 23%.

In terms of the main importing countries, Poland, with a CAGR of +18.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, rising by 2.4% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green bean import price increased by +83.8% against 2016 indices. The growth pace was the most rapid in 2017 when the import price increased by 27%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: 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 the Czech Republic (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :