Onion Price in Romania - 2024
Contents:
- Onion Price in Romania (CIF) - 2024
- Onion Price in Romania (FOB) - 2022
- Onion Imports in Romania
- Onion Exports in Romania
Onion Price in Romania (CIF) - 2024
In March 2024, the average onion import price amounted to $479 per ton, declining by -4.7% against the previous month. Overall, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in January 2024 an increase of 49% month-to-month. Over the period under review, average import prices reached the maximum at $860 per ton in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($1,288 per ton), while the price for Moldova ($412 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Price in Romania (FOB) - 2022
The average onion export price stood at $410 per ton in 2022, declining by -44.5% against the previous year. Overall, the export price recorded a slight downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 176% against the previous year. The export price peaked at $739 per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,658 per ton), while the average price for exports to Ukraine ($395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Imports in Romania
In 2022, approx. 71K tons of onions (dry) were imported into Romania; remaining stable against the previous year. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year.
In value terms, onion imports reached $32M in 2022. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 10%.
Import of Onion in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 15.3 | 13.4 | 12.1 | 15.8 | 1.1% |
Austria | 2.7 | 2.1 | 2.4 | 4.4 | 17.7% |
Germany | 2.6 | 1.3 | 1.4 | 3.6 | 11.5% |
Poland | 4.8 | 3.6 | 4.3 | 1.9 | -26.6% |
Serbia | 0.9 | 0.4 | 0.2 | 1.3 | 13.0% |
Egypt | 5.7 | 0.9 | 0.3 | 0.9 | -46.0% |
France | 0.6 | 0.8 | 0.8 | 0.7 | 5.3% |
Turkey | 3.4 | 1.5 | 3.9 | 0.6 | -43.9% |
Russia | 2.1 | 0.2 | 0.2 | N/A | -69.1% |
Ukraine | 1.0 | 1.0 | 2.5 | N/A | 58.1% |
Others | 5.8 | 3.5 | 3.5 | 2.5 | -24.5% |
Total | 44.9 | 28.7 | 31.6 | 31.7 | -11.0% |
Top Suppliers of Onion to Romania in 2022:
- Netherlands (28.1K tons)
- Austria (14.7K tons)
- Germany (9.7K tons)
- Poland (4.7K tons)
- Serbia (3.6K tons)
- France (2.4K tons)
- Egypt (2.2K tons)
- Turkey (1.7K tons)
- Ukraine (0.1K tons)
Onion Exports in Romania
Onion exports from Romania skyrocketed to 1.5K tons in 2022, jumping by 240% compared with the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, onion exports soared to $636K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Onion in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 16.7 | 9.4 | N/A | 327 | 169.5% |
Moldova | 32.5 | 133 | 32.7 | 221 | 89.5% |
Hungary | 2.7 | 54.0 | 110 | 39.7 | 145.0% |
Poland | 37.8 | 24.6 | 3.8 | 17.8 | -22.2% |
Belgium | 0.2 | 3.9 | 13.4 | 14.7 | 318.9% |
Slovakia | N/A | 35.3 | 27.4 | N/A | -22.4% |
Serbia | N/A | 161 | N/A | N/A | 0% |
Netherlands | 101 | 3.6 | N/A | N/A | -96.4% |
Others | 96.1 | 62.3 | 25.6 | 15.2 | -45.9% |
Total | 287 | 487 | 213 | 636 | 30.4% |
Top Export Markets for Onion from Romania in 2022:
- Ukraine (829.9 tons)
- Moldova (557.4 tons)
- Hungary (76.6 tons)
- Belgium (25.1 tons)
- Poland (21.8 tons)
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