Liqueurs and Cordials Price in Romania - 2023
Contents:
- Liqueurs and Cordials Price in Romania (CIF) - 2023
- Liqueurs and Cordials Price in Romania (FOB) - 2023
- Liqueurs and Cordials Imports in Romania
- Liqueurs and Cordials Exports in Romania
Liqueurs and Cordials Price in Romania (CIF) - 2023
In June 2023, the average liqueurs and cordials import price amounted to $6.7 per litre, shrinking by -4.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 26% against the previous month. The import price peaked at $7.1 per litre in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($10.0 per litre), while the price for Slovakia ($2.3 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Romania (FOB) - 2023
The average liqueurs and cordials export price stood at $8.5 per litre in June 2023, declining by -3.2% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 35% m-o-m. Over the period under review, the average export prices hit record highs at $9.3 per litre in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($12.2 per litre), while the average price for exports to Spain ($1.8 per litre) 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 the Czech Republic (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Liqueurs and Cordials Imports in Romania
In 2022, imports of liqueurs and cordialses into Romania surged to 7.3M litres, growing by 41% against the previous year. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, liqueurs and cordials imports skyrocketed to $46M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Liqueurs and Cordials in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.5 | 2.5 | 11.3 | 21.9 | 84.3% |
| Germany | 8.0 | 7.2 | 10.7 | 11.9 | 14.2% |
| Italy | 2.4 | 1.5 | 2.8 | 3.8 | 16.6% |
| Belgium | 0.7 | 0.8 | 1.4 | 1.4 | 26.0% |
| Poland | 0.7 | 0.7 | 1.0 | 1.2 | 19.7% |
| Slovakia | 1.0 | 1.0 | 1.2 | 1.1 | 3.2% |
| Hungary | 0.5 | 1.0 | 1.1 | 0.9 | 21.6% |
| Ireland | 4.6 | 2.6 | 2.6 | 0.6 | -49.3% |
| Others | 1.7 | 1.4 | 2.2 | 3.2 | 23.5% |
| Total | 23.1 | 18.8 | 34.4 | 45.9 | 25.7% |
Top Suppliers of Liqueurs and Cordials to Romania in 2022:
- Netherlands (2584.4K litres)
- Germany (2241.2K litres)
- Italy (828.5K litres)
- Poland (488.8K litres)
- Slovakia (265.6K litres)
- Hungary (177.7K litres)
- Belgium (147.4K litres)
- Ireland (132.4K litres)
Liqueurs and Cordials Exports in Romania
In 2022, the amount of liqueurs and cordialses exported from Romania surged to 1.3M litres, with an increase of 157% against the previous year. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,423% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, liqueurs and cordials exports soared to $10M in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,504%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Liqueurs and Cordials in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 18.3 | 12.8 | 1,324 | 4,489 | 526.0% |
| Bulgaria | N/A | N/A | 823 | 3,588 | 336.0% |
| Croatia | N/A | N/A | 142 | 474 | 233.8% |
| North Macedonia | N/A | N/A | 154 | 441 | 186.4% |
| Slovenia | N/A | N/A | 72.1 | 385 | 434.0% |
| Italy | 22.1 | 18.5 | 167 | 209 | 111.5% |
| Spain | 12.0 | 12.2 | 115 | 123 | 117.2% |
| Others | 294 | 166 | 568 | 548 | 23.1% |
| Total | 346 | 210 | 3,365 | 10,256 | 209.5% |
Top Export Markets for Liqueurs and Cordials from Romania in 2022:
- Hungary (536.4K litres)
- Bulgaria (373.6K litres)
- Italy (84.4K litres)
- Spain (53.3K litres)
- Croatia (50.8K litres)
- North Macedonia (49.1K litres)
- Slovenia (40.8K litres)
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