Europe: Lentil Market 2024

Lentil Market Size in Europe

The Europe lentil market expanded significantly to $X in 2022, growing by 15% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.7% 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 +39.0% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Lentil Production in Europe

In value terms, lentil production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 76% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Russia (X tons) remains the largest lentil producing country in Europe, comprising approx. 53% of total volume. Moreover, lentil production in Russia exceeded the figures recorded by the second-largest producer, France (X tons), twofold. Spain (X tons) ranked third in terms of total production with a 10% share.

In Russia, lentil production increased at an average annual rate of +17.8% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: France (+8.9% per year) and Spain (+6.4% per year).

The average lentil yield fell slightly to X tons per ha in 2022, which is down by -3.2% against the previous year. The yield indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil yield increased by +22.8% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 25%. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the 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 2022, the total area harvested in terms of lentils production in Europe contracted to X ha, falling by -5.8% on 2021 figures. Overall, the harvested area, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 89%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Lentil Exports

Exports in Europe

Lentil exports fell notably to X tons in 2022, dropping by -41.6% against 2021 figures. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 92% against the previous year. The volume of export peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, lentil exports fell notably to $X in 2022. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was near 59% of total exports in 2022. It was distantly followed by the Netherlands (X tons), committing a 9.1% share of total exports. Germany (X tons), Italy (X tons), France (X tons), Spain (X tons), Belgium (X tons), the Czech Republic (X tons), the UK (X tons), Poland (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to lentil exports from Russia stood at +16.3%. At the same time, Poland (+35.4%), the Netherlands (+13.1%), Bulgaria (+12.5%), Italy (+11.3%), the Czech Republic (+7.6%), Spain (+6.8%), Germany (+6.3%), France (+5.0%) and the UK (+1.8%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of +35.4% from 2012-2022. By contrast, Belgium (-6.5%) illustrated a downward trend over the same period. Russia (+22 p.p.), Poland (+1.7 p.p.) and the Netherlands (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Germany, France, the UK and Belgium saw its share reduced by -2.2%, -2.3%, -2.9% and -13.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest lentil supplier in Europe, comprising 45% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by Germany, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at +19.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+13.5% per year) and Germany (+7.5% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, picking up by 30% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 35%. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.9%), while the other leaders experienced more modest paces of growth.

Lentil Imports

Imports in Europe

Lentil imports fell slightly to X tons in 2022, declining by -4.3% compared with the previous year. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, lentil imports surged to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The countries with the highest levels of lentil imports in 2022 were Italy (X tons), France (X tons), Spain (X tons), Germany (X tons) and the UK (X tons), together reaching 65% of total import. It was distantly followed by the Netherlands (X tons), achieving a 6.3% share of total imports. Greece (X tons), the Czech Republic (X tons), Belgium (X tons), Bulgaria (X tons), Poland (X tons), Hungary (X tons) and Sweden (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lentil importing markets in Europe were Italy ($X), France ($X) and Germany ($X), with a combined 42% share of total imports. Spain, the UK, the Netherlands, the Czech Republic, Greece, Belgium, Poland, Sweden, Bulgaria and Hungary lagged somewhat behind, together accounting for a further 46%.

Among the main importing countries, Poland, with a CAGR of +16.0%, 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 Europe amounted to $X per ton, increasing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2021 an increase of 22%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Greece ($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 (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform