EU: Lentil Market 2024

Lentil Market Size in the EU

For the fifth consecutive year, the EU lentil market recorded growth in sales value, which increased by X% to $X in 2023. The total consumption indicated a prominent expansion from 2012 to 2023: its value 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, consumption increased by X% against 2018 indices. Over the period under review, the market hit record highs in 2023 and is likely to see steady growth in years to come.

Lentil Production in the EU

In value terms, lentil production totaled $X in 2023 estimated in export price. Overall, production showed a resilient increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

France (X tons) remains the largest lentil producing country in the European Union, comprising approx. X% of total volume. Moreover, lentil production in France exceeded the figures recorded by the second-largest producer, Spain (X tons), twofold. The third position in this ranking was taken by Greece (X tons), with a X% share.

In France, lentil production increased at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Spain (X% per year) and Greece (X% per year).

In 2023, the average lentil yield in the European Union stood at X tons per ha, approximately reflecting 2022 figures. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of yield peaked at X tons per ha in 2021; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of lentils production in the European Union totaled X ha, growing by X% on the previous year's figure. Over the period under review, the harvested area continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2021; however, from 2022 to 2023, the harvested area failed to regain momentum.

Lentil Exports

Exports in the EU

Lentil exports surged to X tons in 2023, with an increase of X% against 2022. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in the near future.

In value terms, lentil exports soared to $X in 2023. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to see gradual growth in years to come.

Exports by Country

In 2023, Belgium (X tons) was the key exporter of lentils, constituting X% of total exports. The Netherlands (X tons) held the second position in the ranking, distantly followed by Germany (X tons), Italy (X tons), France (X tons) and the Czech Republic (X tons). All these countries together took approx. X% share of total exports. Spain (X tons) held a minor share of total exports.

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

In value terms, the largest lentil supplying countries in the European Union were Belgium ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports.

Among the main exporting countries, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 the European Union amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2016; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Belgium ($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.

Lentil Imports

Imports in the EU

In 2023, the amount of lentils imported in the European Union skyrocketed to X tons, rising by X% compared with 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see steady growth in the near future.

In value terms, lentil imports soared to $X in 2023. Total imports indicated a prominent increase from 2012 to 2023: its value 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of lentil imports in 2023 were Spain (X tons), Italy (X tons), France (X tons), Germany (X tons), Belgium (X tons) and the Netherlands (X tons), together finishing at X% of total import. Greece (X tons) took a relatively small 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 Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lentil importing markets in the European Union were Spain ($X), Italy ($X) and France ($X), with a combined X% share of total imports. Germany, Belgium, the Netherlands and Greece lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to 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 the European Union stood at $X per ton in 2023, approximately mirroring the previous year. Import price indicated a notable 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, lentil import price increased by X% against 2019 indices. The growth pace was the most rapid in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Germany ($X per ton) and the Netherlands ($X per ton), while Italy ($X per ton) and Greece ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform