Eastern Europe: Durum Wheat Market 2024

Durum Wheat Market Size in Eastern Europe

The East European durum wheat market dropped slightly to $X in 2022, reducing by X% against the previous year. The total consumption indicated buoyant growth 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. Over the period under review, the market attained the peak level at $X in 2021, and then shrank in the following year.

Durum Wheat Production in Eastern Europe

In value terms, durum wheat production declined to $X in 2022 estimated in export price. The total production indicated strong growth 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 decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Russia (X tons) constituted the country with the largest volume of durum wheat production, comprising approx. X% of total volume. Moreover, durum wheat production in Russia exceeded the figures recorded by the second-largest producer, Ukraine (X tons), threefold. Poland (X tons) ranked third in terms of total production with a X% share.

In Russia, durum wheat production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Ukraine (X% per year) and Poland (X% per year).

In 2022, the average durum wheat yield in Eastern Europe stood at X tons per ha, standing approx. at the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the durum wheat harvested area in Eastern Europe totaled X ha, approximately mirroring the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Durum Wheat Exports

Exports in Eastern Europe

In 2022, durum wheat exports in Eastern Europe skyrocketed to X tons, growing by X% compared with 2021. Overall, exports enjoyed a measured expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, durum wheat exports surged to $X in 2022. Over the period under review, exports recorded tangible growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. The Czech Republic (X tons) held the second position in the ranking, followed by Poland (X tons) and Slovakia (X tons). All these countries together took approx. X% share of total exports. Romania (X tons) took a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Slovakia (X%), Romania (X%) and the Czech Republic (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 Poland, Slovakia and the Czech Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest durum wheat supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and Romania ($X per ton), while the Czech Republic ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

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

Durum Wheat Imports

Imports in Eastern Europe

In 2022, durum wheat imports in Eastern Europe contracted rapidly to X tons, dropping by X% on 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X%. 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, durum wheat imports shrank to $X in 2022. Overall, imports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland was the key importer of durum wheat in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Russia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%), the Czech Republic (X%), Latvia (X%), Romania (X%) and Slovakia (X%).

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%), Latvia (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) and Romania (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Hungary (X p.p.), Latvia (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Romania (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported durum wheat in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Hungary (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, durum wheat import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked 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 Russia ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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