Eastern Europe: Oat Market 2024

Oat Market Size in Eastern Europe

After two years of decline, the East European oat market increased by X% to $X in 2022. Overall, consumption, however, saw a perceptible curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Oat Production in Eastern Europe

In value terms, oat production contracted to $X in 2022 estimated in export price. In general, production, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

In Russia, oat production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Poland (X% per year) and Ukraine (X% per year).

The average oat yield amounted to X tons per ha in 2022, flattening at the previous year's figure. 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 most prominent rate of growth was recorded in 2017 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 2018 to 2022, the growth of the oat 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.

The oat harvested area expanded to X ha in 2022, with an increase of X% against the year before. In general, the harvested area, however, saw a mild slump. The pace of growth was the most pronounced in 2014 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the oat harvested area remained at a lower figure.

Oat Exports

Exports in Eastern Europe

After four years of growth, shipments abroad of oats decreased by X% to X tons in 2022. In general, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then declined in the following year.

In value terms, oat exports rose rapidly to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Russia (X tons) and Poland (X tons) represented the major exporters of oats in 2022, accounting for approx. X% and X% of total exports, respectively. The Czech Republic (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Estonia (X%), Latvia (X%) and Lithuania (X%). Slovakia (X tons) followed a long way behind the leaders.

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

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

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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, jumping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached 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 Estonia ($X per ton) and Slovakia ($X per ton), while Russia ($X per ton) and Latvia ($X per ton) were amongst the lowest.

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

Oat Imports

Imports in Eastern Europe

In 2022, oat imports in Eastern Europe dropped sharply to X tons, which is down by X% on the year before. Over the period under review, imports, however, showed buoyant growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, oat imports dropped to $X in 2022. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Latvia (X tons) represented the major importer of oats, constituting X% of total imports. Poland (X tons) held the second position in the ranking, followed by Lithuania (X tons), Romania (X tons) and Hungary (X tons). All these countries together took approx. X% share of total imports. Estonia (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Latvia was also the fastest-growing in terms of the oats imports, with a CAGR of X% from 2012 to 2022. At the same time, Romania (X%), Lithuania (X%), Hungary (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. By contrast, Estonia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Latvia, Lithuania, Romania and Hungary increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Latvia ($X) constitutes the largest market for imported oats in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Latvia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Romania (X% per year) and Lithuania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price showed a mild increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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