Eastern Europe: Brazil Nut Market 2024

Brazil Nut Market Size in Eastern Europe

The East European brazil nut market declined slightly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, enjoyed resilient growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Brazil Nut Production in Eastern Europe

In value terms, brazil nut production fell to $X in 2022 estimated in export price. The total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The country with the largest volume of brazil nut production was Romania (X tons), accounting for X% of total volume. Moreover, brazil nut production in Romania exceeded the figures recorded by the second-largest producer, Russia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume in Romania was relatively modest. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Brazil Nut Exports

Exports in Eastern Europe

After four years of growth, overseas shipments of brazil nuts decreased by X% to X tons in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, brazil nut exports reduced to $X in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belarus was the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Russia (X kg), making up a X% share of total exports. Poland (X kg) followed a long way behind the leaders.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%) and Russia (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Belarus and Poland increased by X and X percentage points, respectively.

In value terms, Belarus ($X), Poland ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded 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

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. In general, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Brazil Nut Imports

Imports in Eastern Europe

In 2022, supplies from abroad of brazil nuts decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, brazil nut imports contracted rapidly to $X in 2022. In general, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of brazil nuts, namely Bulgaria, Poland and Lithuania, represented more than two-thirds of total import. It was distantly followed by Estonia (X tons), generating an X% share of total imports. Romania (X tons) followed a long way behind the leaders.

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

In value terms, Lithuania ($X), Poland ($X) and Bulgaria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Estonia and Romania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Estonia, with a CAGR of X%, saw 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

The import price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price showed a buoyant increase. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Romania ($X per ton), while Bulgaria ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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