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Romania - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Turkey Cut Price in Romania - 2023
Contents:
- Frozen Turkey Cut Price in Romania (CIF) - 2023
- Frozen Turkey Cut Price in Romania (FOB) - 2023
- Frozen Turkey Cut Imports in Romania
- Frozen Turkey Cut Exports in Romania
Frozen Turkey Cut Price in Romania (CIF) - 2023
In June 2023, the average frozen turkey cut import price amounted to $3,853 per ton, standing approximately at the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 23% month-to-month. Over the period under review, average import prices hit record highs at $3,937 per ton in April 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($5,394 per ton), while the price for Spain ($1,539 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Turkey Cut Price in Romania (FOB) - 2023
In July 2023, the average frozen turkey cut export price amounted to $4,848 per ton, falling by -21.6% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 217% against the previous month. Over the period under review, the average export prices reached the maximum at $7,831 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($5,326 per ton), while the average price for exports to Hungary ($3,396 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Turkey Cut Imports in Romania
After three years of growth, purchases abroad of frozen turkey cuts decreased by -7.4% to 14K tons in 2022. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; 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 2021 with an increase of 13%. As a result, imports attained the peak of 15K tons, and then contracted in the following year.
In value terms, frozen turkey cut imports soared to $49M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Frozen Turkey Cut in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.4 | 4.7 | 14.4 | 19.7 | 266.6% |
Poland | 18.3 | 14.8 | 15.9 | 12.0 | -13.1% |
Germany | 2.1 | 0.7 | 1.5 | 9.5 | 65.4% |
Hungary | 5.6 | 7.5 | 6.9 | 5.7 | 0.6% |
Austria | 0.6 | 1.5 | 1.6 | 0.7 | 5.3% |
Spain | 0.8 | 0.2 | 1.0 | 0.3 | -27.9% |
Italy | 2.1 | 1.2 | 0.3 | 0.1 | -63.8% |
Slovakia | 3.8 | 0.2 | 0.3 | 0.1 | -70.3% |
Others | 0.3 | 1.0 | 0.4 | 0.5 | 18.6% |
Total | 34.1 | 31.9 | 42.2 | 48.6 | 12.5% |
Top Suppliers of Frozen Turkey Cut to Romania in 2022:
- Slovakia (undefinedK tons)
- Netherlands (5.0K tons)
- Poland (3.3K tons)
- Germany (2.5K tons)
- Hungary (2.3K tons)
- Austria (0.2K tons)
- Italy (0.1K tons)
- Spain (0.1K tons)
Frozen Turkey Cut Exports in Romania
In 2022, shipments abroad of frozen turkey cuts was finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt setback.
In value terms, frozen turkey cut exports skyrocketed to $8.3M in 2022. Over the period under review, exports, however, saw a deep contraction.
Export of Frozen Turkey Cut in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 9.2 | 6.8 | 3.4 | 3.9 | -24.9% |
Italy | N/A | N/A | N/A | 1.0 | 0% |
France | N/A | 0.1 | 0.4 | 0.8 | 182.8% |
Greece | N/A | N/A | 0.4 | 0.8 | 100.0% |
Hungary | N/A | N/A | N/A | 0.7 | 0% |
Germany | 0.5 | 0.6 | 0.4 | 0.5 | 0.0% |
Bulgaria | 0.4 | 0.3 | 0.8 | 0.2 | -20.6% |
Others | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Total | 10.3 | 7.9 | 5.4 | 8.3 | -6.9% |
Top Export Markets for Frozen Turkey Cut from Romania in 2022:
- United Kingdom (875.8 tons)
- Italy (209.6 tons)
- Greece (165.0 tons)
- Hungary (151.3 tons)
- Germany (126.3 tons)
- France (125.1 tons)
- Bulgaria (76.0 tons)
This report provides an in-depth analysis of the frozen turkey cut market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10122055 - Frozen cuts of turkey
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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