Flakes; of Potatoes Price in Romania - 2023

Contents:

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

Flakes; of Potatoes Price in Romania (CIF) - 2023

In August 2023, the average flakes; of potatoes import price amounted to $2,177 per ton, shrinking by -10.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.0%. The growth pace was the most rapid in November 2022 an increase of 25% m-o-m. Over the period under review, average import prices reached the maximum at $2,423 per ton in July 2023, and then shrank in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,488 per ton), while the price for Denmark ($977 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Romania (FOB) - 2022

The average flakes; of potatoes export price stood at $3,664 per ton in 2022, waning by -48% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 230% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,051 per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($6,701 per ton), while the average price for exports to Hungary ($1,892 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 Greece (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Romania

For the fourth consecutive year, Romania recorded growth in supplies from abroad of flakes; of potatoeses, which increased by 24% to 7.3K tons in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, flakes; of potatoes imports soared to $12M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Flakes; of Potatoes in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.01.04.46.889.5%
Germany0.10.50.61.8162.1%
Poland1.11.81.31.48.4%
Belgium1.11.41.11.0-3.1%
Russia0.50.40.1N/A-55.3%
Belarus0.40.20.1N/A-50.0%
Others0.10.20.40.8100.0%
Total4.35.58.111.840.0%

Top Suppliers of Flakes; of Potatoes to Romania in 2022:

  1. Russia (undefinedK tons)
  2. Netherlands (4.3K tons)
  3. Germany (1.0K tons)
  4. Poland (0.9K tons)
  5. Belgium (0.6K tons)

Flakes; of Potatoes Exports in Romania

In 2022, approx. 10 tons of flakes; of potatoeses were exported from Romania; declining by -14.1% on the previous year's figure. In general, exports showed a precipitous contraction. The smallest decline of -8.2% was in 2021.

In value terms, flakes; of potatoes exports declined remarkably to $38K in 2022. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 7%.

Export of Flakes; of Potatoes in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom50.221.97.618.8-27.9%
ItalyN/A1.34.69.2166.0%
Moldova0.61.11.63.681.7%
Hungary11.06.94.22.7-37.4%
SpainN/A1.11.92.344.6%
FranceN/A42.737.40.1-95.2%
Bulgaria28.14.3N/AN/A-84.7%
LebanonN/AN/A26.7N/A0%
Others0.11.32.11.7157.1%
Total90.080.586.138.4-24.7%

Top Export Markets for Flakes; of Potatoes from Romania in 2022:

  1. France (undefined tons)
  2. United Kingdom (5.9 tons)
  3. Italy (1.5 tons)
  4. Hungary (1.4 tons)
  5. Moldova (1.1 tons)
  6. Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

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