Romania - Soups And Broths - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSoups Price in Romania - 2023
Contents:
- Soups Price in Romania (FOB) - 2023
- Soups Price in Romania (CIF) - 2022
- Soups Exports in Romania
- Soups Imports in Romania
Soups Price in Romania (FOB) - 2023
The average soups export price stood at $4,468 per ton in June 2023, which is down by -9.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 when the average export price increased by 25% month-to-month. As a result, the export price attained the peak level of $5,218 per ton. From February 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($6,157 per ton), while the average price for exports to the UK ($2,681 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Soups Price in Romania (CIF) - 2022
The average soups import price stood at $2,703 per ton in 2022, waning by -8.2% against the previous year. Over the period under review, the import price recorded a slight decline. The pace of growth appeared the most rapid in 2020 an increase of 24%. The import price peaked at $3,241 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($4,886 per ton), while the price for France ($2,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Soups Exports in Romania
For the fourth consecutive year, Romania recorded growth in overseas shipments of soups and broths, which increased by 78% to 12K tons in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, soups exports soared to $50M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Soups in Romania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | 0.2 | 2.1 | 12.4 | 687.4% |
Poland | 6.3 | 6.8 | 6.1 | 9.0 | 12.6% |
Netherlands | N/A | 0.3 | 2.4 | 5.6 | 332.0% |
United Kingdom | 0.9 | 1.8 | 3.1 | 4.0 | 64.4% |
Belgium | N/A | 0.7 | 1.6 | 3.2 | 113.8% |
Sweden | N/A | 0.7 | 1.5 | 2.4 | 85.2% |
Italy | 1.1 | 1.1 | 1.1 | 2.0 | 22.1% |
Finland | N/A | 1.0 | 1.4 | 1.9 | 37.8% |
Austria | N/A | N/A | 0.1 | 1.8 | 1700.0% |
Germany | 0.4 | 0.7 | 0.8 | 1.6 | 58.7% |
Hungary | 0.4 | 0.5 | 0.5 | 1.2 | 44.2% |
Portugal | N/A | N/A | 0.6 | 1.1 | 83.3% |
Spain | 0.4 | 0.9 | 1.1 | 1.0 | 35.7% |
Others | 1.4 | 1.9 | 2.0 | 3.2 | 31.7% |
Total | 11.0 | 16.6 | 24.2 | 50.3 | 66.0% |
Top Export Markets for Soups from Romania in 2022:
- France (2760.0 tons)
- Poland (1790.6 tons)
- Netherlands (1137.3 tons)
- United Kingdom (1124.2 tons)
- Belgium (890.9 tons)
- Italy (734.6 tons)
- Germany (559.7 tons)
- Sweden (520.0 tons)
- Finland (420.9 tons)
- Austria (374.3 tons)
- Spain (298.2 tons)
- Hungary (259.8 tons)
- Portugal (232.8 tons)
Soups Imports in Romania
For the fourth consecutive year, Romania recorded growth in purchases abroad of soups and broths, which increased by 39% to 4.3K tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, soups imports surged to $11M in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 48% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Soups in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 278 | 271 | 3,046 | 6,227 | 181.9% |
Slovakia | 2,437 | 2,109 | 1,822 | 1,716 | -11.0% |
Hungary | 660 | 546 | 532 | 673 | 0.7% |
Serbia | N/A | 56.0 | 246 | 479 | 192.5% |
United States | 0.1 | N/A | N/A | 477 | 1583.3% |
Czech Republic | 206 | 282 | 457 | 367 | 21.2% |
Poland | 288 | 90.6 | 144 | 351 | 6.8% |
Belgium | 21.1 | 48.7 | 40.0 | 280 | 136.8% |
Croatia | 552 | 408 | 385 | 151 | -35.1% |
Portugal | 333 | 130 | 317 | 78.7 | -38.2% |
Switzerland | 196 | 3,595 | 1,344 | 71.1 | -28.7% |
Others | 445 | 495 | 680 | 620 | 11.7% |
Total | 5,416 | 8,031 | 9,013 | 11,490 | 28.5% |
Top Suppliers of Soups to Romania in 2022:
- Germany (2473.1 tons)
- Slovakia (736.1 tons)
- Hungary (175.8 tons)
- United States (142.8 tons)
- Czech Republic (124.2 tons)
- Poland (119.3 tons)
- Serbia (98.1 tons)
- Belgium (84.9 tons)
- Croatia (42.1 tons)
- Portugal (35.5 tons)
- Switzerland (23.9 tons)
This report provides an in-depth analysis of the soups 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 10891100 - Soups and broths and preparations therefor
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
- 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 VOLUME AND VALUE
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
- 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
- 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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Global demand for soups and broths is expected to continue rising over the next seven years. The market is forecasted to experience growth in both volume and value terms, reaching 9.7M tons and $34.9B respectively by 2030.
Soups are one of the most popular food products worldwide, providing a convenient and nutritious option for consumers. This article explores the top import markets for soups, including the United States, Canada, Mexico, Germany, and the Netherlands. These countries offer lucrative opportunities for soup manufacturers and exporters due to factors such as busy lifestyles, diverse consumer preferences, and growing health consciousness. Utilizing market intelligence platforms like IndexBox can further enhance success in these markets.
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