Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania (FOB) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania (CIF) - 2023
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $4,954 per ton, dropping by -1.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in January 2023 an increase of 25% month-to-month. The export price peaked at $5,306 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Poland ($6,446 per ton), while the average price for exports to Italy ($3,925 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania (CIF) - 2023
In November 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,871 per ton, rising by 29% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($6,479 per ton), while the price for Portugal ($3,018 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses exported from Romania skyrocketed to 13K tons, rising by 69% compared with 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $48M in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.2 | 0.3 | 2.3 | 11.4 | 284.9% |
| Poland | 6.3 | 6.9 | 6.2 | 8.5 | 10.5% |
| Netherlands | N/A | 0.4 | 2.4 | 5.1 | 257.1% |
| United Kingdom | 1.4 | 2.4 | 3.6 | 4.2 | 44.2% |
| Belgium | 0.1 | 0.8 | 1.6 | 2.9 | 207.2% |
| Italy | 1.4 | 1.4 | 1.4 | 2.2 | 16.3% |
| Sweden | N/A | 0.7 | 1.5 | 2.2 | 77.3% |
| Germany | 0.7 | 1.0 | 1.2 | 1.8 | 37.0% |
| Finland | N/A | 1.0 | 1.4 | 1.7 | 30.4% |
| Austria | N/A | N/A | 0.1 | 1.6 | 1500.0% |
| Spain | 0.7 | 1.3 | 1.5 | 1.2 | 19.7% |
| Hungary | 0.4 | 0.5 | 0.5 | 1.1 | 40.1% |
| Ireland | 0.1 | 0.2 | 0.4 | 0.8 | 100.0% |
| Others | 1.5 | 1.9 | 2.3 | 3.3 | 30.1% |
| Total | 12.7 | 18.6 | 26.4 | 48.1 | 55.9% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Romania in 2022:
- France (2791.1 tons)
- Poland (1833.0 tons)
- United Kingdom (1291.4 tons)
- Netherlands (1133.6 tons)
- Belgium (895.5 tons)
- Italy (848.9 tons)
- Germany (671.8 tons)
- Sweden (518.6 tons)
- Spain (447.5 tons)
- Finland (418.6 tons)
- Austria (375.9 tons)
- Hungary (259.0 tons)
- Ireland (252.6 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses imported into Romania surged to 5.1K tons, picking up by 34% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $14M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,074 | 1,123 | 4,098 | 6,843 | 85.4% |
| Slovakia | 2,467 | 2,109 | 1,823 | 1,572 | -13.9% |
| Hungary | 1,062 | 895 | 912 | 1,004 | -1.9% |
| Poland | 666 | 348 | 550 | 693 | 1.3% |
| Austria | 568 | 416 | 670 | 621 | 3.0% |
| Serbia | N/A | 56.2 | 246 | 440 | 179.8% |
| United States | 0.1 | N/A | N/A | 422 | 1516.0% |
| Czech Republic | 206 | 368 | 458 | 419 | 26.7% |
| Spain | 436 | 409 | 332 | 316 | -10.2% |
| Croatia | 552 | 408 | 391 | 140 | -36.7% |
| Portugal | 333 | 130 | 316 | 72.7 | -39.8% |
| Switzerland | 196 | 3,596 | 1,345 | 66.0 | -30.4% |
| Others | 1,085 | 1,182 | 953 | 1,414 | 9.2% |
| Total | 8,644 | 11,041 | 12,092 | 14,022 | 17.5% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Romania in 2022:
- Germany (2770.2 tons)
- Slovakia (721.0 tons)
- Hungary (328.7 tons)
- Poland (224.5 tons)
- Czech Republic (133.0 tons)
- United States (132.7 tons)
- Austria (132.7 tons)
- Spain (107.1 tons)
- Serbia (96.6 tons)
- Croatia (41.1 tons)
- Portugal (34.7 tons)
- Switzerland (23.5 tons)
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