Price for Flour and Meal; of Potatoes in Romania - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Romania (CIF) - 2023
2. Price for Flour and Meal; of Potatoes in Romania (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Romania
4. Exports of Flour and Meal; of Potatoes in Romania

Price for Flour and Meal; of Potatoes in Romania (CIF) - 2023

In May 2023, the average import price for flour and meal; of potatoeses amounted to $603 per ton, dropping by -18.4% against the previous month. Over the period from June 2022 to May 2023, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 36% against the previous month. The import price peaked at $751 per ton in February 2023; however, from March 2023 to May 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Italy ($1,895 per ton), while the price for Hungary ($496 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Greece (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour and Meal; of Potatoes in Romania (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $762 per ton in 2022, rising by 2.7% against the previous year. In general, the export price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2016 an increase of 117%. The export price peaked at $1,171 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($1,515 per ton), while the average price for exports to the UK ($677 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 Hungary (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour and Meal; of Potatoes in Romania

For the fourth consecutive year, Romania recorded growth in supplies from abroad of flour and meal; of potatoeses, which increased by 50% to 2.9K tons in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes imports soared to $2M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour and Meal; of Potatoes to Romania in 2022:

1. Hungary (2390.7 tons)
2. Poland (336.3 tons)
3. Netherlands (94.5 tons)
4. Denmark (28.2 tons)

Exports of Flour and Meal; of Potatoes in Romania

In 2022, approx. 125 tons of flour and meal; of potatoeses were exported from Romania; picking up by 6.4% on the previous year. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 219%. As a result, the exports attained the peak of 185 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, flour and meal; of potatoes exports rose notably to $96K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 242%. As a result, the exports reached the peak of $118K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Flour and Meal; of Potatoes from Romania in 2022:

1. Spain (99.7 tons)
2. Italy (12.9 tons)
3. Germany (4.6 tons)
4. United Kingdom (3.2 tons)
5. Belgium (3.0 tons)

Source: IndexBox Market Intelligence Platform