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Romania - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in Romania - 2023
Contents:
- Groundnuts Price in Romania (CIF) - 2023
- Groundnuts Price in Romania (FOB) - 2022
- Groundnuts Imports in Romania
- Groundnuts Exports in Romania
Groundnuts Price in Romania (CIF) - 2023
The average groundnuts import price stood at $1,801 per ton in June 2023, which is down by -10.8% against the previous month. In general, import price indicated strong growth from June 2022 to June 2023: its price increased at an average monthly rate of +7.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, groundnuts import price decreased by -10.8% against May 2023 indices. The growth pace was the most rapid in July 2022 when the average import price increased by 162% month-to-month. The import price peaked at $2,019 per ton in May 2023, and then reduced in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Poland ($2,011 per ton) and China ($1,770 per ton), while the price for Greece ($1,538 per ton) and Bulgaria ($1,544 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Groundnuts Price in Romania (FOB) - 2022
In 2022, the average groundnuts export price amounted to $2,330 per ton, reducing by -55.5% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 548%. Over the period under review, the average export prices reached the maximum at $5,248 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,433 per ton), while the average price for exports to Greece totaled $2,175 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Groundnuts Imports in Romania
In 2022, supplies from abroad of ground-nut (in-shell) was finally on the rise to reach 1.1K tons after two years of decline. Over the period under review, imports, however, showed a abrupt decline.
In value terms, groundnuts imports expanded significantly to $2M in 2022. In general, imports, however, continue to indicate a mild shrinkage.
Import of Groundnuts in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 369 | 152 | 447 | 531 | 12.9% |
Poland | 541 | 353 | 323 | 376 | -11.4% |
Argentina | N/A | 285 | 397 | 317 | 5.5% |
Netherlands | 60.7 | 32.7 | 28.1 | 271 | 64.7% |
Bulgaria | 373 | 145 | 323 | 230 | -14.9% |
Greece | 180 | 270 | 300 | 190 | 1.8% |
Croatia | N/A | 39.8 | 37.7 | 37.9 | -2.4% |
China | 441 | 473 | N/A | 36.4 | -56.5% |
Others | 176 | 102 | 83.4 | 48.3 | -35.0% |
Total | 2,141 | 1,852 | 1,941 | 2,038 | -1.6% |
Top Suppliers of Groundnuts to Romania in 2022:
- Egypt (365.3 tons)
- Poland (214.1 tons)
- Argentina (165.4 tons)
- Netherlands (136.1 tons)
- Greece (91.8 tons)
- Bulgaria (77.8 tons)
- Croatia (22.9 tons)
- China (18.6 tons)
Groundnuts Exports in Romania
In 2022, the amount of ground-nut (in-shell) exported from Romania surged to 16 tons, increasing by 840% against 2021. In general, exports, however, recorded a mild decline.
In value terms, groundnuts exports skyrocketed to $37K in 2022. Overall, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Groundnuts in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | N/A | N/A | N/A | 32.6 | 0% |
Italy | 0.4 | 2.4 | 4.1 | 4.6 | 125.7% |
China | 23.3 | N/A | N/A | N/A | 0% |
Others | 0.8 | 2.3 | 4.9 | 0.3 | -27.9% |
Total | 24.6 | 4.7 | 9.0 | 37.5 | 15.1% |
Top Export Markets for Groundnuts from Romania in 2022:
- Greece (15.0 tons)
- Italy (1.0 tons)
This report provides an in-depth analysis of the groundnuts 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:
- FCL 242 - Groundnuts, in shell
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
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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, HARVESTED AREA 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
- Area Harvested, 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
This report provides an in-depth analysis of the groundnuts market in Romania.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in Romania.
This report provides an in-depth analysis of the global groundnuts market.
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