Romania - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Romania - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Peas Price in Romania - 2023

Contents:

  1. Preserved Peas Price in Romania (CIF) - 2023
  2. Preserved Peas Price in Romania (FOB) - 2022
  3. Preserved Peas Imports in Romania
  4. Preserved Peas Exports in Romania

Preserved Peas Price in Romania (CIF) - 2023

The average preserved peas import price stood at $1,638 per ton in August 2023, increasing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.6%. The most prominent rate of growth was recorded in October 2022 an increase of 40% month-to-month. Over the period under review, average import prices reached the peak figure in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,394 per ton), while the price for Moldova ($1,270 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 Hungary (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Peas Price in Romania (FOB) - 2022

In 2022, the average preserved peas export price amounted to $1,154 per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2020 an increase of 17%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($1,495 per ton), while the average price for exports to Hungary ($721 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 Moldova (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Peas Imports in Romania

In 2022, approx. 5.1K tons of preserved peas were imported into Romania; with an increase of 12% on the previous year. Over the period under review, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, imports attained the peak of 7.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, preserved peas imports expanded notably to $6.3M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of $8.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Preserved Peas in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary4,0315,3133,3713,882-1.2%
Germany46892858771715.3%
Moldova2961,02494257124.5%
Netherlands39419936.44887.4%
Italy11011322036048.5%
Czech Republic55.777.612016343.0%
Poland10858.194.885.8-7.4%
Greece6864.5N/AN/A-99.3%
Others13974215156.0-26.1%
Total6,2888,4595,5246,3230.2%

Top Suppliers of Preserved Peas to Romania in 2022:

  1. Hungary (2909.9 tons)
  2. Germany (706.0 tons)
  3. Moldova (629.1 tons)
  4. Italy (327.6 tons)
  5. Netherlands (250.4 tons)
  6. Czech Republic (96.7 tons)
  7. Poland (92.2 tons)

Preserved Peas Exports in Romania

In 2022, exports of preserved peas from Romania fell remarkably to 420 tons, declining by -22.6% on 2021. Over the period under review, exports showed a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 542 tons, and then fell dramatically in the following year.

In value terms, preserved peas exports reduced to $484K in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of $543K, and then reduced in the following year.

Export of Preserved Peas in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1422121971726.6%
Armenia75.9N/A30.787.54.9%
Italy5.85.414048.4102.8%
Moldova22.912.526.739.820.2%
BulgariaN/AN/AN/A39.40%
Ireland9.014.514.316.823.1%
Poland1.57.617.613.8109.5%
Hungary3.00.640.413.565.1%
United States17.823.322.212.4-11.4%
Spain7.410.39.29.69.1%
Germany41.421.69.47.4-43.7%
LatviaN/A25.30.6N/A-97.6%
Georgia83.852.3N/AN/A-37.6%
Others13.942.335.823.519.1%
Total4244285434844.5%

Top Export Markets for Preserved Peas from Romania in 2022:

  1. United Kingdom (145.4 tons)
  2. Armenia (84.2 tons)
  3. Italy (40.0 tons)
  4. Bulgaria (36.9 tons)
  5. Moldova (26.6 tons)
  6. Hungary (18.7 tons)
  7. Ireland (13.4 tons)
  8. Poland (12.3 tons)
  9. United States (8.7 tons)
  10. Spain (8.5 tons)
  11. Germany (5.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved peas 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:

  • Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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