Almonds market in Eastern Europe (including Northern Asia)

Earlier Report Observations

The almond market volume in Eastern Europe showed considerable movement between 2018 and 2023. Starting at 27 165 t in 2018, consumption grew steadily to reach 36 192 t in 2021, representing an increase of over 9 000 t. This upward trend was interrupted in 2022 when the market contracted to 29 153 t. However, a sharp recovery followed in 2023, with market volume jumping to 39 782 t, its highest point in the period.

Throughout this period, the market structure remained highly concentrated. A small group of domestic suppliers, including AO OREKHPROM, OOO KOMSERVIS, and OOO TD-HOLDING, maintained a dominant position. By 2022, Turkey emerged as the leading source of almond imports, accounting for over 28% of inbound shipments, which influenced supplier mix and pricing dynamics.

Entering 2024, the market landscape showed signs of evolution with the arrival of 43 new brands, comprising 20 foreign and 23 Russian entrants. This influx of new players coincided with a reported record increase in the value of almond imports, rising by $20 million, signaling strong underlying demand. Concurrently, average almond prices in dollar terms fell by 10% over a five-year span, with steeper declines for some suppliers.

Production almonds in Eastern Europe (including Northern Asia)

In kind, 2017-2020, t

Top producers of almonds, 2017-2020

World map of production of almonds, 2017-2020

Almond production in Eastern Europe (including Northern Asia) has declined for the second year in a row. In 2020, the region produced 1,256 tonnes of almonds, representing a significant drop of 15.7% compared to 2019. Over the 2017-2020 period, production fell by 15.4%, with an average annual decline of 5.4%. The highest production level was recorded in 2018 at 2,057 tonnes, which saw a 38.5% increase from the previous year. However, the largest decline occurred in 2019, with production falling by 27.6%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, t

In value, 2017-2020, K $ US

Almond production in Eastern Europe (including Northern Asia) has declined for the second consecutive year. In 2020, the output was valued at 7,658 thousand US dollars, showing a substantial year-over-year drop of 16.2%. From 2017 to 2020, production value decreased by 24.5%, with an average annual decline of 8.9%. The peak value was recorded in 2018 at 15,011 thousand US dollars, which marked a 48.0% increase. The most significant decline occurred in 2019, with a 39.1% decrease.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

Exports almonds from Eastern Europe (including Northern Asia)

Exports in kind, t

Eastern Europe (including Northern Asia) exported 3,030 tonnes of almonds in 2020, down 7.0% from the previous year. Between 2017 and 2020, exports increased by 11.9%, equating to an average annual growth rate of 3.8%. The lowest export volume was recorded in 2018 at 2,612 tonnes, while the highest was in 2019 at 3,257 tonnes, which saw a 24.7% increase from the year before.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, t

From 2017 to 2020, Germany, the Netherlands, and Greece were the largest buyers of almonds from Eastern Europe (including Northern Asia), accounting for 11.3%, 7.2%, and 3.4% of exports in kind, respectively. However, their combined share was only 21.9% of total exports, indicating a diversified export structure across multiple countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, M $ US

After two years of growth, almond export volumes from Eastern Europe (including Northern Asia) declined in 2020. Exports reached 18.5 million US dollars, marking a 7.6% decrease from the previous year. The highest value was recorded in 2019 at 20.0 million US dollars, which saw a 4.9% increase from 2018.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Between 2017 and 2020, almonds from Eastern Europe (including Northern Asia) were exported to many countries. Even the largest destinations—Germany, Greece, and the Netherlands—together accounted for only 21.4% of total exports in value terms, highlighting the region's broad market reach.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports almonds to Eastern Europe (including Northern Asia)

Imports in kind, t

Almond imports into Eastern Europe (including Northern Asia) have increased for the third consecutive year. In 2020, imports totaled 31,161 tonnes, showing a moderate year-over-year rise of 4.5%. Over the 2017-2020 period, imports grew by 34.3%, with an average annual increase of 10.3%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, t

Throughout 2017-2020, the United States, China, and Spain were the core suppliers of almonds to Eastern Europe (including Northern Asia), accounting for 38.6%, 12.8%, and 8.2% of imports in kind, respectively. Together, they represented 59.6% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, M $ US

Almond imports into Eastern Europe (including Northern Asia) have risen for the third year in a row. In 2020, imports amounted to 213.5 million US dollars, showing only a marginal fluctuation compared to the previous year. Between 2017 and 2020, imports increased by 15.4%, equating to an average annual growth rate of 4.9%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

From 2017 to 2020, the United States, China, and Germany were the main suppliers of almonds to Eastern Europe (including Northern Asia) in value terms, accounting for 35.4%, 17.3%, and 8.7% of imports, respectively. Together, they comprised 61.4% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020