Eastern Europe: Green Peas Market 2024

Green Peas Market Size in Eastern Europe

The East European green peas market expanded rapidly to $X in 2023, with an increase of X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Green Peas Production in Eastern Europe

In value terms, green peas production expanded remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Russia (X tons), Hungary (X tons) and Poland (X tons), together accounting for X% of total production. Ukraine, Latvia, Lithuania and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Slovakia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average green peas yield expanded to X tons per ha in 2023, with an increase of X% compared with the year before. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2023, the growth of the green peas yield remained 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.

The green peas harvested area rose modestly to X ha in 2023, surging by X% on the year before. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2020; however, from 2021 to 2023, the harvested area remained at a lower figure.

Green Peas Exports

Exports in Eastern Europe

In 2023, approx. X tons of peas (green) were exported in Eastern Europe; falling by X% on 2022 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports failed to regain momentum.

In value terms, green peas exports contracted to $X in 2023. In general, exports, however, continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of peas (green), namely Poland, Slovakia, Latvia and the Czech Republic, represented more than two-thirds of total export. It was distantly followed by Romania (X tons) and Lithuania (X tons), together achieving a X% share of total exports. Hungary (X tons) held a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Latvia ($X) and Poland ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Latvia, with a CAGR of X%, saw the highest growth rate of 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 2023, the export price in Eastern Europe amounted to $X per ton, remaining constant against the previous year. In general, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the export price figures.

Green Peas Imports

Imports in Eastern Europe

In 2023, supplies from abroad of peas (green) increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, green peas imports soared to $X in 2023. Total imports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see gradual growth in years to come.

Imports by Country

The Czech Republic (X tons) and Hungary (X tons) were the major importers of peas (green) in 2023, accounting for near X% and X% of total imports, respectively. It was distantly followed by Poland (X tons), Latvia (X tons), Romania (X tons), Bulgaria (X tons) and Slovakia (X tons), together achieving a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest green peas importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Hungary ($X), with a combined X% share of total imports.

Among the main importing countries, Hungary, with a CAGR of X%, recorded the highest growth rate of 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 2023, approximately equating the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform