Eastern Europe: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in Eastern Europe

The East European primary fiber crops market expanded remarkably to $X in 2022, surging by X% against the previous year. In general, consumption, however, saw a noticeable reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Primary Fiber Crops Production in Eastern Europe

In value terms, primary fiber crops production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Primary Fiber Crops Exports

Exports in Eastern Europe

After two years of growth, overseas shipments of fiber crops (primary) decreased by X% to X tons in 2022. Overall, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, primary fiber crops exports reduced to $X in 2022. In general, exports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Belarus (X tons) represented the largest exporter of fiber crops (primary), comprising X% of total exports. Lithuania (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Latvia (X%) and Russia (X%). The following exporters - Ukraine (X tons), Romania (X tons) and Hungary (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to primary fiber crops exports from Belarus stood at X%. At the same time, Romania (X%), Russia (X%), Latvia (X%), Hungary (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus, Latvia, Russia and Romania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest primary fiber crops supplying countries in Eastern Europe were Lithuania ($X), Belarus ($X) and Latvia ($X), together comprising X% of total exports.

Among the main exporting countries, Latvia, with a CAGR of X%, recorded the highest growth rate of 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, with an increase of X% against the previous year. Overall, the export price, however, recorded a pronounced slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced mixed trends in the export price figures.

Primary Fiber Crops Imports

Imports in Eastern Europe

Primary fiber crops imports reduced to X tons in 2022, waning by X% against 2021. Overall, imports showed a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, primary fiber crops imports stood at $X in 2022. In general, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia represented the key importer of fiber crops (primary) in Eastern Europe, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Poland (X tons), Belarus (X tons), Lithuania (X tons), the Czech Republic (X tons) and Latvia (X tons), together generating a X% share of total imports. Estonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to primary fiber crops imports into Russia stood at X%. At the same time, Estonia (X%), Latvia (X%), Poland (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Poland (X p.p.), Lithuania (X p.p.), Latvia (X p.p.), Estonia (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Belarus, the Czech Republic, Latvia and Estonia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Eastern Europe amounted to $X per ton, 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.

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 Lithuania ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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