Price for Homogenised Composite Food Preparations in Romania - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Romania (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Romania (FOB) - 2023
3. Imports of Homogenised Composite Food Preparations in Romania
4. Exports of Homogenised Composite Food Preparations in Romania

Price for Homogenised Composite Food Preparations in Romania (CIF) - 2023

The average homogenised composite food preparations import price stood at $4,091 per ton in March 2023, flattening at the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 21% m-o-m. The import price peaked at $5,268 per ton in January 2023; however, from February 2023 to March 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the Netherlands ($10,009 per ton), while the price for Belgium ($2,241 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Romania (FOB) - 2023

In April 2023, the average homogenised composite food preparations export price amounted to $3,807 per ton, with an increase of 19% against the previous month. Over the period under review, export price indicated strong growth from April 2022 to April 2023: its price increased at an average monthly rate of +8.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, homogenised composite food preparations export price increased by +18.8% against March 2023 indices. The pace of growth appeared the most rapid in May 2022 when the average export price increased by 82% m-o-m. Over the period under review, the average export prices hit record highs at $4,102 per ton in January 2023; however, from February 2023 to April 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In April 2023, the country with the highest price was France ($6,683 per ton), while the average price for exports to the UK ($2,334 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Composite Food Preparations in Romania

In 2022, purchases abroad of homogenised composite food preparationses was finally on the rise to reach 911 tons after two years of decline. Over the period under review, imports, however, saw a relatively flat trend pattern.

In value terms, homogenised composite food preparations imports rose markedly to $3.4M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Homogenised Composite Food Preparations to Romania in 2022:

1. Germany (315.5 tons)
2. Hungary (143.7 tons)
3. Austria (110.5 tons)
4. Poland (98.4 tons)
5. Spain (89.7 tons)
6. Italy (38.5 tons)
7. Bulgaria (37.1 tons)
8. United Kingdom (7.1 tons)

Exports of Homogenised Composite Food Preparations in Romania

In 2022, shipments abroad of homogenised composite food preparationses decreased by -23.7% to 720 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 22%. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, homogenised composite food preparations exports reduced to $2M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year.

Top Export Markets for Homogenised Composite Food Preparations from Romania in 2022:

1. United Kingdom (167.5 tons)
2. Spain (150.7 tons)
3. Italy (116.2 tons)
4. Germany (113.7 tons)
5. Poland (53.6 tons)
6. Ireland (53.6 tons)
7. France (35.5 tons)