Eastern Europe: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Eastern Europe

The East European meat meals and pellets market expanded notably to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Eastern Europe

In value terms, meat meals and pellets production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports in Eastern Europe

After two years of growth, shipments abroad of flours, meals and pellets of meat or meat offal decreased by X% to X tons in 2023. Total exports indicated a prominent expansion 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. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then shrank in the following year.

In value terms, meat meals and pellets exports expanded slightly to $X in 2023. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the near future.

Exports by Country

Poland dominates exports structure, resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Hungary (X tons), the Czech Republic (X tons), Slovakia (X tons), Romania (X tons) and Belarus (X tons), together committing a X% share of total exports. Ukraine (X tons) took a relatively small share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Belarus (X%), Ukraine (X%), Hungary (X%), Romania (X%), the Czech Republic (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Hungary, Belarus and Ukraine 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, Poland ($X) remains the largest meat meals and pellets supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Poland stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain 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 2023, 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.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports in Eastern Europe

In 2023, approx. X tons of flours, meals and pellets of meat or meat offal were imported in Eastern Europe; therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, meat meals and pellets imports declined modestly to $X in 2023. Total imports indicated a buoyant increase 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 decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons) and Hungary (X tons) represented roughly X% of total imports in 2023. Lithuania (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%), Slovakia (X%), Poland (X%) and Romania (X%).

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

In value terms, the Czech Republic ($X), Hungary ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Poland, Slovakia, Lithuania and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, waning by X% against the previous year. Import price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, meat meals and pellets import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform