EU: Lentil Market 2024

Lentil Market Size in the EU

The EU lentil market was estimated at $X in 2023, surging by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2023: its value 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, consumption increased by X% against 2018 indices. Over the period under review, the market attained the peak level in 2023 and is likely to continue growth in the near future.

Lentil Production in the EU

In value terms, lentil production rose sharply to $X in 2023 estimated in export price. In general, production recorded a prominent increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

France (X tons) constituted the country with the largest volume of lentil production, accounting for X% of total volume. Moreover, lentil production in France exceeded the figures recorded by the second-largest producer, Spain (X tons), twofold. Greece (X tons) ranked third in terms of total production with a X% share.

In France, lentil production expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and Greece (X% per year).

The average lentil yield was estimated at X tons per ha in 2023, therefore, remained relatively stable against the year before. 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 throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. Over the period under review, the lentil yield attained the maximum level 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, approx. X ha of lentils were harvested in the European Union; growing by X% compared with the previous year's figure. Overall, the harvested area enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to lentil production attained the peak figure at X ha in 2021; however, from 2022 to 2023, the harvested area stood at a somewhat lower figure.

Lentil Exports

Exports in the EU

In 2023, approx. X tons of lentils were exported in the European Union; growing by X% on the previous year's figure. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked in 2023 and is likely to see steady growth in years to come.

In value terms, lentil exports skyrocketed to $X in 2023. Over the period under review, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Exports by Country

Belgium was the largest exporting country with an export of around X tons, which resulted at X% of total exports. The Netherlands (X tons) ranks second in terms of the total exports with a X% share, followed by Germany (X%), Italy (X%), France (X%) and the Czech Republic (X%). Spain (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for 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.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 the European Union amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; afterwards, it flattened through to 2023.

Prices varied noticeably by country of origin: 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

Lentil imports soared to X tons in 2023, surging by X% against the previous year. 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 throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the immediate term.

In value terms, lentil imports skyrocketed to $X in 2023. Total imports indicated a resilient increase from 2012 to 2023: its value 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 increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

Spain (X tons), Italy (X tons), France (X tons), Germany (X tons), Belgium (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2023. Greece (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading 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), together accounting for X% of total imports. Germany, Belgium, the Netherlands and Greece lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 the European Union stood at $X per ton in 2023, approximately reflecting the previous year. Import price indicated a moderate expansion from 2012 to 2023: its price 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, lentil import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price reached 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