Frozen vegetables market in Eastern Europe (including Northern Asia)

Earlier Report Observations

From 2018 to 2020, the frozen vegetables market in Eastern Europe expanded in both volume and value, with market volume growing from 502.2 thousand tonnes to 582.9 thousand tonnes and market value increasing from 500.9 million USD to 567.9 million USD.

After 2020, market volume entered a contraction phase, declining to 566.0 thousand tonnes in 2021 and dropping sharply to 451.0 thousand tonnes in 2022. A partial recovery to 471.7 thousand tonnes occurred in 2023. Market value followed a different path, falling to 515.4 million USD in 2022 before jumping to 635.8 million USD in 2023, signaling a significant rise in average prices or a shift toward higher-value product segments.

Production frozen vegetables in Eastern Europe (including Northern Asia)

In kind, 2017-2020, K t

Top producers of frozen vegetables, 2017-2020

World map of production of frozen vegetables, 2017-2020

Following a two-year decline, frozen vegetable production in Eastern Europe (including Northern Asia) increased in 2020. That year, the region produced 697.9 thousand tons of frozen vegetables, marking a modest year-over-year improvement of 4.5%. Looking at the broader period from 2017 to 2020, production actually decreased by 14.2%, which translates to an average annual decline of 5.0%. The lowest production volume was recorded in 2019 at 667.9 thousand tons, which also saw the steepest annual drop of 10.9%.

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

In value, 2017-2020, M $ US

In 2020, the value of frozen vegetable output in Eastern Europe (including Northern Asia) reached 690.3 million US dollars, representing a 4.5% increase compared to the previous year. Over the four-year span from 2017 to 2020, production value grew by 2.3%, with a compound annual growth rate of 0.8%. The lowest value was recorded in 2019 at 660.4 million US dollars, while the peak occurred in 2018 at 692.5 million US dollars. The most significant annual decline took place in 2019, when the value fell by 4.6%.

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

Exports frozen vegetables from Eastern Europe (including Northern Asia)

Exports in kind, K t

For the second year in a row, the volume of frozen vegetables exported from Eastern Europe (including Northern Asia) declined. In 2020, exports totaled 519.9 thousand tons, down 5.2% year-over-year. Between 2017 and 2020, export volumes decreased by 3.8%, averaging an annual decline of 1.3%. The highest export volume was recorded in 2018 at 622.6 thousand tons. The largest annual drop occurred in 2019 with an 11.9% decrease, while the biggest increase was in 2018 with a 15.1% rise.

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

From 2017 to 2020, the export structure for frozen vegetables in volume terms was relatively balanced rather than concentrated. Germany accounted for 18.6% of exports, the United Kingdom for 9.8%, and Belgium for 8.1%. Together, these three countries represented 36.5% of total export flows, with the remaining 63.5% distributed among numerous other trading partners.

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

For the second consecutive year, the value of frozen vegetable exports from Eastern Europe (including Northern Asia) declined. In 2020, exports amounted to 514.3 million US dollars, a decrease of 5.2% compared to the previous year. However, over the broader period from 2017 to 2020, export value actually increased by 14.7%, averaging an annual growth rate of 4.7%. The peak value was recorded in 2018 at 575.3 million US dollars. The most significant annual decline occurred in 2019 with a 5.8% drop, while the largest increase was in 2018 with a substantial 28.3% rise.

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

Between 2017 and 2020, the value of frozen vegetable exports from Eastern Europe (including Northern Asia) was spread across a wide range of markets. Germany represented 16.7% of export value, the United Kingdom 9.4%, and Belgium 7.4%. Combined, these three countries accounted for just 33.5% of total export flows, indicating a highly diversified market structure.

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 frozen vegetables to Eastern Europe (including Northern Asia)

Imports in kind, K t

After increasing for two years, frozen vegetable imports into Eastern Europe (including Northern Asia) declined in 2020. The region imported 405.0 thousand tons of frozen vegetables that year, representing a 5.0% drop compared to 2019. Over the period from 2017 to 2020, import volumes grew by 32.6%, averaging an annual increase of 9.9%. The highest import volume was recorded in 2019 at 426.3 thousand tons. The largest annual increase occurred in 2018 with a 22.9% rise.

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

From 2017 to 2020, no single country dominated frozen vegetable imports into Eastern Europe (including Northern Asia) in volume terms. China accounted for 14.1% of imports, Belgium for 12.5%, and Serbia for 6.5%. Together, these three partners represented only 33.1% of total import volume, with the remaining 66.9% spread across many smaller countries, each holding modest individual shares.

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

Following two years of growth, the value of frozen vegetable imports into Eastern Europe (including Northern Asia) declined in 2020. Imports that year came to 391.9 million US dollars, showing an 8.5% decrease compared to 2019. Over the four-year period from 2017 to 2020, import value increased by 20.5%, averaging an annual growth rate of 6.4%. The peak value was recorded in 2019 at 428.5 million US dollars. The largest annual increase occurred in 2018 with an 18.0% rise.

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

Between 2017 and 2020, the geographical structure of frozen vegetable imports by value into Eastern Europe (including Northern Asia) was highly diversified. China accounted for 14.8% of import value, Belgium for 12.7%, and Serbia for 6.4%. Together, these three countries represented only 33.8% of total import flows, while the remaining 66.2% was distributed among numerous smaller partner countries.

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