Romania - Nuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Romania - Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Nuts Price in Romania - 2023

Contents:

  1. Nuts Price in Romania (CIF) - 2022
  2. Nuts Price in Romania (FOB) - 2022
  3. Nuts Imports in Romania
  4. Nuts Exports in Romania

Nuts Price in Romania (CIF) - 2022

In 2022, the average nuts import price amounted to $3,109 per ton, shrinking by -10% against the previous year. Overall, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $5,410 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Turkey ($8,504 per ton), while the price for Ukraine ($649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Nuts Price in Romania (FOB) - 2022

In 2022, the average nuts export price amounted to $8,503 per ton, picking up by 35% against the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 63%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($13,985 per ton), while the average price for exports to Ireland ($110 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 China (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports in Romania

In 2022, imports of nuts into Romania reduced modestly to 5.2K tons, declining by -3% compared with the previous year. In general, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year. As a result, imports reached the peak of 5.4K tons, and then dropped modestly in the following year.

In value terms, nuts imports reduced to $16M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +34.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54%. As a result, imports reached the peak of $19M, and then shrank in the following year.

Import of Nuts in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3,0061,8924,7855,56022.8%
Germany1,9262,1832,3121,751-3.1%
Hungary1,3951,4541,5651,4551.4%
United States1,05164386.11,2556.1%
Italy6675637401,13519.4%
France25118227790553.3%
Turkey7735771,521771-0.1%
Slovakia82.122366260694.7%
Poland1,031388621517-20.6%
Netherlands1,087633582318-33.6%
Spain529466433284-18.7%
China10719414515412.9%
Ukraine11813.041373.3-14.7%
Others1,7382,6934,4501,442-6.0%
Total13,76112,10418,59216,2245.6%

Top Suppliers of Nuts to Romania in 2022:

  1. Belgium (2878.0 tons)
  2. Poland (309.2 tons)
  3. Germany (298.3 tons)
  4. France (274.0 tons)
  5. Italy (259.6 tons)
  6. Hungary (184.6 tons)
  7. United States (158.0 tons)
  8. Slovakia (135.3 tons)
  9. Spain (127.7 tons)
  10. Ukraine (113.1 tons)
  11. Turkey (90.7 tons)
  12. Netherlands (85.1 tons)
  13. China (83.1 tons)

Nuts Exports in Romania

In 2022, overseas shipments of nuts decreased by -53.9% to 283 tons, falling for the second consecutive year after two years of growth. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 307%. As a result, the exports reached the peak of 1.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, nuts exports dropped sharply to $2.4M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 440% against the previous year. As a result, the exports reached the peak of $6.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Nuts in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,0056,1923,5651,92224.1%
Turkey11386.012730539.2%
Germany0.314.626.765.1500.9%
GeorgiaN/AN/AN/A47.30%
United Kingdom22.028815.940.923.0%
IrelandN/A0.20.13.3306.2%
Others85.632.213922.7-35.8%
Total1,2266,6133,8742,40625.2%

Top Export Markets for Nuts from Romania in 2022:

  1. Italy (137.4 tons)
  2. Turkey (76.8 tons)
  3. Ireland (30.5 tons)
  4. Georgia (21.0 tons)
  5. United Kingdom (7.2 tons)
  6. Germany (6.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nuts 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:

  • FCL 221 - Almonds
  • FCL 223 - Pistachios
  • FCL 222 - Walnuts
  • FCL 220 - Chestnuts
  • FCL 217 - Cashew nuts
  • FCL 225 - Hazelnuts (Filberts)
  • FCL 216 - Brazil nuts
  • FCL 234 - Nuts nes
  • FCL 224 - Kolanuts
  • FCL 226 - Areca nuts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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