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

Romania - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Pimenta Pepper Price in Romania - 2023

Contents:

  1. Pimenta Pepper Price in Romania (CIF) - 2023
  2. Pimenta Pepper Price in Romania (FOB) - 2023
  3. Pimenta Pepper Imports in Romania
  4. Pimenta Pepper Exports in Romania

Pimenta Pepper Price in Romania (CIF) - 2023

The average pimenta pepper import price stood at $4,792 per ton in July 2023, increasing by 17% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in June 2023 an increase of 36% m-o-m. Over the period under review, average import prices reached the peak figure in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($8,085 per ton), while the price for Bulgaria ($1,944 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Pimenta Pepper Price in Romania (FOB) - 2023

In July 2023, the average pimenta pepper export price amounted to $5,658 per ton, shrinking by -11.1% against the previous month. Over the period under review, export price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, pimenta pepper export price decreased by -32.4% against March 2023 indices. The pace of growth was the most pronounced in March 2023 when the average export price increased by 38% month-to-month. As a result, the export price reached the peak level of $8,373 per ton. From April 2023 to July 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 Moldova ($9,999 per ton), while the average price for exports to Hungary ($4,655 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports in Romania

In 2022, imports of pimenta pepper into Romania dropped to 2.2K tons, reducing by -7% on the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of 2.4K tons, and then fell in the following year.

In value terms, pimenta pepper imports fell slightly to $7.7M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $7.9M, and then shrank slightly in the following year.

Import of Pimenta Pepper in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4452,1982,0542,39018.3%
Germany9099281,3801,64521.9%
Poland9329681,0081,0875.3%
Spain6824971,0567844.8%
Hungary5906808407397.8%
Latvia77.544.020029355.8%
Netherlands14091.5228126-3.5%
Bulgaria682125498116-44.6%
Belgium24977.527.634.5-48.3%
Others545565598502-2.7%
Total6,2516,1757,8897,7167.3%

Top Suppliers of Pimenta Pepper to Romania in 2022:

  1. China (953.7 tons)
  2. Germany (413.1 tons)
  3. Spain (254.7 tons)
  4. Poland (187.2 tons)
  5. Hungary (131.3 tons)
  6. Latvia (97.2 tons)
  7. Netherlands (46.6 tons)
  8. Bulgaria (37.3 tons)
  9. Belgium (10.1 tons)

Pimenta Pepper Exports in Romania

After three years of growth, shipments abroad of pimenta pepper decreased by -6.8% to 419 tons in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year.

In value terms, pimenta pepper exports declined to $2.2M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 45%.

Export of Pimenta Pepper in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16739384673463.8%
Hungary14121228136236.9%
Germany17625236031120.9%
Italy15314134722814.2%
United Kingdom50.762.214415545.1%
Greece3.041.191.2125246.7%
Slovakia10116492.665.7-13.4%
Czech Republic31630975.50.2-91.4%
Others14924533025920.2%
Total1,2571,8202,5672,24121.3%

Top Export Markets for Pimenta Pepper from Romania in 2022:

  1. Poland (191.2 tons)
  2. Hungary (87.1 tons)
  3. Germany (36.3 tons)
  4. Greece (30.9 tons)
  5. Italy (15.6 tons)
  6. Slovakia (14.0 tons)
  7. United Kingdom (9.7 tons)
  8. Czech Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pimenta pepper 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 689 - Pimento

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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