Non-Liquid Margarine Price in Romania - 2023

Contents:

1. Non-Liquid Margarine Price in Romania (CIF) - 2023
2. Non-Liquid Margarine Price in Romania (FOB) - 2023
3. Non-Liquid Margarine Imports in Romania
4. Non-Liquid Margarine Exports in Romania

Non-Liquid Margarine Price in Romania (CIF) - 2023

In June 2023, the average non-liquid margarine import price amounted to $1,890 per ton, waning by -4.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 11% m-o-m. As a result, import price reached the peak level of $2,042 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($2,233 per ton), while the price for Poland ($1,483 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Liquid Margarine Price in Romania (FOB) - 2023

In June 2023, the average non-liquid margarine export price amounted to $1,961 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 10% month-to-month. As a result, the export price attained the peak level of $2,193 per ton. From February 2023 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($2,598 per ton), while the average price for exports to Bulgaria ($1,606 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 Estonia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Liquid Margarine Imports in Romania

Non-liquid margarine imports into Romania reduced to 14K tons in 2022, declining by -7% against the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.

In value terms, non-liquid margarine imports stood at $21M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Non-Liquid Margarine to Romania in 2022:

1. Hungary (7.2K tons)
2. Bulgaria (2.6K tons)
3. Poland (2.3K tons)
4. Italy (0.8K tons)
5. Germany (0.3K tons)
6. Ukraine (0.1K tons)

Non-Liquid Margarine Exports in Romania

In 2022, exports of non-liquid margarine from Romania soared to 6.1K tons, rising by 19% against 2021 figures. Overall, exports, however, showed a mild downturn.

In value terms, non-liquid margarine exports surged to $11M in 2022. In general, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Non-Liquid Margarine from Romania in 2022:

1. Bulgaria (1415.0 tons)
2. Greece (1234.4 tons)
3. Hungary (980.7 tons)
4. Moldova (876.5 tons)
5. Slovenia (317.7 tons)
6. Czech Republic (220.8 tons)
7. United Kingdom (135.9 tons)
8. Georgia (131.5 tons)
9. Poland (129.2 tons)
10. Ukraine (119.7 tons)
11. Estonia (116.2 tons)
12. Serbia (73.2 tons)

Source: IndexBox Market Intelligence Platform