Eastern Europe: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Eastern Europe

In 2022, the East European mixes and doughs market increased by 19% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +27.8% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Mixes And Doughs Production in Eastern Europe

In value terms, mixes and doughs production surged to $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +44.7% against 2020 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Mixes And Doughs Exports

Exports in Eastern Europe

In 2022, approx. X tons of mixes and doughs were exported in Eastern Europe; growing by 6.5% compared with the year before. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, mixes and doughs exports rose notably to $X in 2022. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

In 2022, Poland (X tons) and Hungary (X tons) were the major exporters of mixes and doughs in Eastern Europe, together accounting for approx. 54% of total exports. The Czech Republic (X tons) ranks next in terms of the total exports with a 10% share, followed by Estonia (9.3%) and Romania (8.2%). The following exporters - Bulgaria (X tons) and Lithuania (X tons) - each finished at a 7.5% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +39.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and the Czech Republic ($X), with a combined 67% share of total exports. Romania, Estonia, Lithuania and Bulgaria lagged somewhat behind, together accounting for a further 24%.

Among the main exporting countries, Estonia, with a CAGR of +33.3%, 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, surging by 1.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 12% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Estonia ($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 (+0.9%), while the other leaders experienced a decline in the export price figures.

Mixes And Doughs Imports

Imports in Eastern Europe

For the seventh consecutive year, Eastern Europe recorded growth in supplies from abroad of mixes and doughs, which increased by 2.1% to X tons in 2022. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +96.8% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, mixes and doughs imports reached $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +31.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Poland was the main importer of mixes and doughs in Eastern Europe, with the volume of imports finishing at X tons, which was near 34% of total imports in 2022. Hungary (X tons) held the second position in the ranking, followed by the Czech Republic (X tons), Romania (X tons), Russia (X tons) and Slovakia (X tons). All these countries together took approx. 52% share of total imports. Bulgaria (X tons) held a relatively small share of total imports.

Imports into Poland increased at an average annual rate of +8.6% from 2012 to 2022. At the same time, Romania (+15.0%), Bulgaria (+12.3%), Hungary (+10.6%) and the Czech Republic (+4.2%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +15.0% from 2012-2022. Slovakia experienced a relatively flat trend pattern. By contrast, Russia (-1.7%) illustrated a downward trend over the same period. While the share of Romania (+6.3 p.p.), Poland (+4.6 p.p.) and Hungary (+3.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Czech Republic (-4.2 p.p.), Slovakia (-5.3 p.p.) and Russia (-9.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported mixes and doughs in Eastern Europe, comprising 33% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total imports. It was followed by Hungary, with a 13% share.

In Poland, mixes and doughs imports expanded at an average annual rate of +7.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (+4.8% per year) and Hungary (+10.2% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, with an increase of 2.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 8.7%. The level of import peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Russia ($X per ton) and Bulgaria ($X per ton), while Hungary ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :