Eastern Europe spinach market analysis

Spinach market grows 11% YOY

IndexBox has just published a new report: ‘Eastern Europe – Spinach – Market Analysis, Forecast, Size, Trends and Insights

The revenue of the spinach market in Eastern Europe amounted to $49M in 2018, surging by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, spinach consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, when the market value increased by 50% y-o-y. Over the period under review, the spinach market reached its peak figure level in 2018, and is expected to retain its growth in the immediate term.

Production in Eastern Europe
In 2018, the amount of spinach produced in Eastern Europe amounted to 15K tonnes, jumping by 5.8% against the previous year. The total output indicated a conspicuous growth from 2007 to 2018: its volume increased at an average annual rate of +3.1% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach production decreased by -9.2% against 2016 indices.

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