Ukraine: Chestnut Market 2025

Chestnut Market Size in Ukraine

For the fourth consecutive year, the Ukrainian chestnut market recorded growth in sales value, which increased by 3.5% to $X in 2021. Overall, consumption, however, saw a pronounced decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Chestnut Production in Ukraine

In value terms, chestnut production reduced modestly to $X in 2021 estimated in export price. Overall, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by 29%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of chestnuts in Ukraine amounted to X tons per ha, leveling off at 2020. Overall, the yield saw a mild downturn. The pace of growth was the most pronounced in 2016 when the yield increased by 14% against the previous year. Over the period under review, the average chestnut yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of chestnuts were harvested in Ukraine; approximately mirroring the previous year. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 2.5%. The chestnut harvested area peaked in 2021 and is expected to retain growth in the immediate term.

Chestnut Exports

Exports from Ukraine

After two years of decline, shipments abroad of chestnuts decreased by 0% to X tons in 2021. Overall, exports faced a deep setback. The pace of growth was the most pronounced in 2017 when exports increased by 42%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, chestnut exports amounted to $X in 2021. In general, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2017 when exports increased by 48% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for chestnut exports from Ukraine, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Germany was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

In 2021, the average chestnut export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 4% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2013 to 2021, the rate of growth in terms of prices for Belarus amounted to -7.0% per year.

Chestnut Imports

Imports into Ukraine

In 2021, approx. X tons of chestnuts were imported into Ukraine; with an increase of 342% compared with the previous year. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chestnut imports soared to $X in 2021. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of chestnut to Ukraine, accounting for a 55% share of total imports. Moreover, chestnut imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Russia (X tons) ranked third in terms of total imports with a 7.1% share.

From 2014 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +168.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.5% per year) and Russia (+67.9% per year).

In value terms, Italy ($X) constituted the largest supplier of chestnut to Ukraine, comprising 72% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 3.7% share.

From 2014 to 2021, the average annual rate of growth in terms of value from Italy amounted to +221.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.6% per year) and the Netherlands (+6.7% per year).

Import Prices by Country

The average chestnut import price stood at $X per ton in 2021, increasing by 22% against the previous year. In general, import price indicated prominent growth from 2014 to 2021: its price increased at an average annual rate of +8.9% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chestnut import price increased by +81.7% against 2016 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 26%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :