Eastern Europe: Mustard Seed Market 2024

Mustard Seed Market Size in Eastern Europe

In 2022, the East European mustard seed market was finally on the rise to reach $X after two years of decline. Overall, consumption recorded resilient growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Mustard Seed Production in Eastern Europe

In value terms, mustard seed production reduced to $X in 2022 estimated in export price. The total production indicated a pronounced 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Russia (X tons) remains the largest mustard seed producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, mustard seed production in Russia exceeded the figures recorded by the second-largest producer, Ukraine (X tons), tenfold. The Czech Republic (X tons) ranked third in terms of total production with a X% share.

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

The average mustard seed yield skyrocketed to X kg per ha in 2022, increasing by X% compared with 2021 figures. The yield indicated a temperate increase from 2012 to 2022: its figure 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, mustard seed yield decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the mustard seed 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 harvested area of mustard seed in Eastern Europe contracted modestly to X ha, with a decrease of X% against 2021 figures. Over the period under review, the harvested area, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Mustard Seed Exports

Exports in Eastern Europe

In 2022, approx. X tons of mustard seed were exported in Eastern Europe; increasing by X% against 2021 figures. In general, exports saw a moderate increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, mustard seed exports skyrocketed to $X in 2022. Overall, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia represented the largest exporter of mustard seed in Eastern Europe, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Ukraine (X tons) took the second position in the ranking, followed by the Czech Republic (X tons) and Poland (X tons). All these countries together held approx. X% share of total exports. Moldova (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mustard seed exports from Russia stood at X%. At the same time, Poland (X%) and Moldova (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. By contrast, the Czech Republic (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest mustard seed supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Ukraine, with an X% share.

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

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price posted resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Mustard Seed Imports

Imports in Eastern Europe

Mustard seed imports surged to X tons in 2022, with an increase of X% on 2021 figures. Overall, imports showed resilient growth. The growth pace was the most rapid in 2014 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, mustard seed imports soared to $X in 2022. Over the period under review, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland was the main importing country with an import of around X tons, which reached X% of total imports. Romania (X tons) held the second position in the ranking, followed by Hungary (X tons) and the Czech Republic (X tons). All these countries together held near X% share of total imports. Moldova (X tons), Estonia (X tons), Ukraine (X tons) and Latvia (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mustard seed imports into Poland stood at X%. At the same time, Estonia (X%), Ukraine (X%), Latvia (X%), Romania (X%), Moldova (X%), the Czech Republic (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland (X p.p.), Estonia (X p.p.) and Ukraine (X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic and Hungary saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Poland, mustard seed imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Romania (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. In general, the import price continues to indicate tangible growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 the Czech Republic ($X per ton), while Moldova ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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