Eastern Europe: Quince Market 2024

Quince Market Size in Eastern Europe

In 2023, the East European quince market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level in 2023 and is likely to continue growth in years to come.

Quince Production in Eastern Europe

In value terms, quince production surged to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level in 2023 and is likely to see gradual growth in the immediate term.

The countries with the highest volumes of production in 2023 were Russia (X tons), Ukraine (X tons) and Romania (X tons), with a combined X% share of total production. Moldova, Hungary, Latvia and Bulgaria lagged somewhat behind, together comprising a further X%.

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

The average quince yield reduced slightly to X tons per ha in 2023, declining by X% compared with 2022 figures. Overall, the yield saw a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the yield increased by X%. Over the period under review, the quince yield hit record highs at X tons per ha in 2012; however, from 2013 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The quince harvested area stood at X ha in 2023, flattening at the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2023.

Quince Exports

Exports in Eastern Europe

In 2023, shipments abroad of quinces increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in years to come.

In value terms, quince exports soared to $X in 2023. Overall, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in the near future.

Exports by Country

Bulgaria was the major exporter of quinces in Eastern Europe, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. Hungary (X tons) held the second position in the ranking, followed by Romania (X tons). All these countries together held approx. X% share of total exports. The following exporters - Moldova (X tons), Poland (X tons) and Russia (X tons) - together made up X% of total exports.

Exports from Bulgaria increased at an average annual rate of X% from 2012 to 2023. At the same time, Russia (X%), Hungary (X%) and Poland (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Romania (X%) and Moldova (X%) illustrated a downward trend over the same period. While the share of Bulgaria (X p.p.), Hungary (X p.p.), Moldova (X p.p.), Russia (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Romania (X p.p.) displayed negative dynamics.

In value terms, Bulgaria ($X) remains the largest quince supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Bulgaria totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, growing by X% against the previous year. Export price indicated a noticeable increase from 2012 to 2023: its price 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, quince export price increased by X% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Quince Imports

Imports in Eastern Europe

Quince imports surged to X tons in 2023, picking up by X% against 2022 figures. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in the immediate term.

In value terms, quince imports skyrocketed to $X in 2023. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Imports by Country

Russia represented the main importer of quinces in Eastern Europe, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. It was distantly followed by Romania (X tons) and Bulgaria (X tons), together achieving a X% share of total imports. Hungary (X tons), Poland (X tons) and Latvia (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Hungary (X%), Poland (X%), Bulgaria (X%), Latvia (X%) and Romania (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Hungary and Bulgaria increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Romania ($X) and Bulgaria ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Poland, Hungary and Latvia lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of 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

In 2023, the import price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform