EU: Spinach Market 2024

Spinach Market Size in the EU

The EU spinach market expanded rapidly to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Spinach Production in the EU

In value terms, spinach production totaled $X in 2023 estimated in export price. The total production indicated notable growth 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were Belgium (X tons), France (X tons) and Italy (X tons), with a combined X% share of total production. Spain, Greece, Germany and the Netherlands lagged somewhat behind, together comprising a further X%.

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

The average spinach yield rose slightly to X tons per ha in 2023, with an increase of X% compared with the previous year. In general, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2022 to 2023, the growth of the spinach yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of spinach in the European Union reached X ha, approximately reflecting the year before. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to spinach production reached the peak figure at X ha in 2018; however, from 2019 to 2023, the harvested area failed to regain momentum.

Spinach Exports

Exports in the EU

In 2023, overseas shipments of spinach increased by X% to X tons, rising for the eighth consecutive year after two years of decline. Total exports indicated a resilient increase from 2012 to 2023: its volume 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked in 2023 and is likely to see steady growth in the near future.

In value terms, spinach exports expanded notably to $X in 2023. In general, exports saw a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

In 2023, Spain (X tons) and Italy (X tons) were the main exporters of spinach in the European Union, together generating X% of total exports. The Netherlands (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%) and France (X%). Germany (X tons) and Poland (X tons) followed a long way behind the leaders.

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

In value terms, the largest spinach supplying countries in the European Union were Italy ($X), Spain ($X) and the Netherlands ($X), with a combined X% share of total exports. France, Belgium, Germany and Poland lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, saw 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

The export price in the European Union stood at $X per ton in 2023, rising by X% against the previous year. Export price indicated notable growth 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, spinach export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

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 ($X per ton), while Belgium ($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 Netherlands (X%), while the other leaders experienced more modest paces of growth.

Spinach Imports

Imports in the EU

In 2023, spinach imports in the European Union totaled X tons, with an increase of X% against the previous year. Total imports indicated a moderate expansion from 2012 to 2023: its volume 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, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, spinach imports rose sharply to $X in 2023. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Belgium (X tons) was the major importer of spinach, creating X% of total imports. Germany (X tons) ranks second in terms of the total imports with a X% share, followed by the Netherlands (X%), France (X%) and Poland (X%). The following importers - Spain (X tons), Sweden (X tons), Italy (X tons) and Romania (X tons) - together made up X% of total imports.

Imports into Belgium increased at an average annual rate of X% from 2012 to 2023. At the same time, Poland (X%), Romania (X%), Spain (X%), France (X%), Italy (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Germany experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.), Poland (X p.p.), France (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total imports, while Germany and the Netherlands saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported spinach in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, surging by X% against the previous year. Import price indicated resilient growth 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, spinach import price increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per ton), while Belgium ($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 Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform