Eastern Europe: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Eastern Europe

After six years of growth, the East European temporarily preserved vegetable market decreased by -3.4% to $X in 2022. Over the period under review, consumption, however, saw resilient growth. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Temporarily Preserved Vegetable Production in Eastern Europe

In value terms, temporarily preserved vegetable production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Temporarily Preserved Vegetable Exports

Exports in Eastern Europe

In 2022, shipments abroad of vegetables (temporarily preserved) increased by 7.4% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 29%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, temporarily preserved vegetable exports reached $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 22%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland was the major exporting country with an export of about X tons, which recorded 63% of total exports. Russia (X tons) took the second position in the ranking, followed by Belarus (X tons) and Bulgaria (X tons). All these countries together took near 25% share of total exports. Lithuania (X tons), Slovakia (X tons) and Romania (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to temporarily preserved vegetable exports from Poland stood at -2.4%. At the same time, Slovakia (+31.2%), Lithuania (+8.0%), Romania (+7.3%), Russia (+2.1%) and Belarus (+1.7%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +31.2% from 2012-2022. By contrast, Bulgaria (-1.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Slovakia, Lithuania and Belarus increased by +2.9, +2.5, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest temporarily preserved vegetable supplier in Eastern Europe, comprising 49% of total exports. The second position in the ranking was held by Belarus ($X), with a 22% share of total exports. It was followed by Russia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Poland was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+5.5% per year) and Russia (+2.5% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, surging by 3% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, temporarily preserved vegetable export price increased by +57.8% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by 19% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Belarus ($X per ton), while Slovakia ($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 (+5.7%), while the other leaders experienced more modest paces of growth.

Temporarily Preserved Vegetable Imports

Imports in Eastern Europe

After two years of growth, supplies from abroad of vegetables (temporarily preserved) decreased by -2.8% to X tons in 2022. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% 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 +81.5% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 52% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, temporarily preserved vegetable imports fell to $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 36%. The level of import peaked at $X in 2021, and then fell slightly in the following year.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly 59% of total imports in 2022. It was distantly followed by Romania (X tons), Belarus (X tons) and Bulgaria (X tons), together committing a 29% share of total imports. Hungary (X tons) and Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +37.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Belarus ($X) constituted the countries with the highest levels of imports in 2022, with a combined 69% share of total imports. Bulgaria, Romania, Hungary and Slovakia lagged somewhat behind, together comprising a further 24%.

In terms of the main importing countries, Hungary, with a CAGR of +34.1%, saw 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

In 2022, the import price in Eastern Europe amounted to $X per ton, approximately mirroring the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, temporarily preserved vegetable import price increased by +58.3% against 2015 indices. The pace of growth was the most pronounced in 2016 when the import price increased by 24%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

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 Bulgaria ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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