Europe: Vegetable Market 2024

Vegetable Market Size in Europe

The Europe vegetable market rose significantly to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Vegetable Production in Europe

In value terms, vegetable production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Russia (X tons), Ukraine (X tons) and Germany (X tons), together accounting for X% of total production. Spain, France, Italy, Poland, the UK, the Netherlands, Belgium, Belarus, Romania and Denmark lagged somewhat behind, together accounting for a further X%.

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

In 2023, the average vegetable yield in Europe expanded slightly to X tons per ha, growing by X% against the year before. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2023, the growth of the vegetable 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.

In 2023, the total area harvested in terms of vegetables production in Europe amounted to X ha, remaining relatively unchanged against the previous year. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Vegetable Exports

Exports in Europe

In 2023, approx. X tons of vegetables were exported in Europe; rising by X% compared with 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, vegetable exports soared to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, the Netherlands (X tons), distantly followed by Spain (X tons), France (X tons), Germany (X tons), Russia (X tons) and Belgium (X tons) were the largest exporters of vegetables, together constituting X% of total exports. Italy (X tons), Poland (X tons), the UK (X tons) and Portugal (X tons) took a minor share of total exports.

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

In value terms, the Netherlands ($X), Spain ($X) and France ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Italy, Belgium, Poland, Germany, Russia, the UK and Portugal lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 Europe amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Vegetable Imports

Imports in Europe

In 2023, the amount of vegetables imported in Europe rose remarkably to X tons, increasing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vegetable imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of vegetables, namely Belgium, the Netherlands, Germany, Spain, France, the UK, Italy, Russia, Poland, Portugal, the Czech Republic and Romania, represented more than two-thirds of total import.

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

In value terms, Germany ($X), the UK ($X) and France ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The Netherlands, Belgium, Spain, Italy, Poland, Russia, the Czech Republic, Romania and Portugal lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 Europe stood at $X per ton in 2023, increasing 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 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 Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform