Romania - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Romania - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Mixed Condiment, Sause and Seasoning in Romania - 2023

Contents:

  1. Price for Mixed Condiment, Sause and Seasoning in Romania (CIF) - 2023
  2. Price for Mixed Condiment, Sause and Seasoning in Romania (FOB) - 2023
  3. Imports of Mixed Condiment, Sause and Seasoning in Romania
  4. Exports of Mixed Condiment, Sause and Seasoning in Romania

Price for Mixed Condiment, Sause and Seasoning in Romania (CIF) - 2023

In June 2023, the average import price for mixed condiments, sauses and seasonings amounted to $3,334 per ton, reducing by -2.3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in December 2022 an increase of 17% against the previous month. The import price peaked at $3,413 per ton in May 2023, and then declined in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($5,061 per ton), while the price for Croatia ($2,205 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 Spain (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mixed Condiment, Sause and Seasoning in Romania (FOB) - 2023

The average export price for mixed condiments, sauses and seasonings stood at $5,061 per ton in June 2023, remaining stable against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in October 2022 an increase of 12% m-o-m. The export price peaked at $5,440 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Moldova ($6,764 per ton), while the average price for exports to Bulgaria ($2,289 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 Austria (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiment, Sause and Seasoning in Romania

Mixed condiment, sause and seasoning imports into Romania surged to 48K tons in 2022, with an increase of 18% against the previous year. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning imports surged to $124M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Mixed Condiment, Sause and Seasoning in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.519.427.735.226.2%
Hungary11.511.514.116.512.8%
Slovakia12.012.513.814.87.2%
Poland5.96.37.29.718.0%
Italy2.42.74.06.740.8%
Austria6.66.36.66.0-3.1%
Netherlands8.74.05.25.5-14.2%
Turkey0.20.32.64.9190.4%
Switzerland0.93.72.33.963.0%
Croatia4.63.23.53.4-9.6%
United Kingdom2.52.43.63.410.8%
Spain1.82.92.12.714.5%
Others11.010.111.711.10.3%
Total85.585.510412413.2%

Top Suppliers of Mixed Condiment, Sause and Seasoning to Romania in 2022:

  1. Germany (11.2K tons)
  2. Hungary (8.6K tons)
  3. Slovakia (7.1K tons)
  4. Poland (4.1K tons)
  5. Netherlands (2.5K tons)
  6. Italy (2.5K tons)
  7. Croatia (1.9K tons)
  8. Austria (1.7K tons)
  9. Switzerland (1.6K tons)
  10. Spain (1.4K tons)
  11. Turkey (0.9K tons)
  12. United Kingdom (0.9K tons)

Exports of Mixed Condiment, Sause and Seasoning in Romania

In 2022, approx. 17K tons of mixed condiments, sauses and seasonings were exported from Romania; jumping by 46% on 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.5% 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 +88.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning exports soared to $67M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mixed Condiment, Sause and Seasoning in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.66.314.218.1124.5%
Poland10.610.59.610.70.3%
Germany3.44.04.35.718.8%
Netherlands0.20.22.55.4200.0%
France2.53.11.84.824.3%
Bulgaria2.01.92.93.115.7%
Moldova1.61.82.32.617.6%
Sweden0.10.40.82.3184.4%
BelgiumN/A0.10.51.8324.3%
Italy1.92.11.61.7-3.6%
FinlandN/A0.40.71.6100.0%
Austria0.50.81.11.544.2%
Hungary1.01.01.01.411.9%
Others3.63.53.76.320.5%
Total28.936.046.967.032.4%

Top Export Markets for Mixed Condiment, Sause and Seasoning from Romania in 2022:

  1. United Kingdom (4.6K tons)
  2. Poland (2.3K tons)
  3. Germany (1.5K tons)
  4. Netherlands (1.2K tons)
  5. France (1.2K tons)
  6. Bulgaria (1.2K tons)
  7. Sweden (0.6K tons)
  8. Italy (0.5K tons)
  9. Moldova (0.5K tons)
  10. Austria (0.5K tons)
  11. Finland (0.4K tons)
  12. Belgium (0.4K tons)
  13. Hungary (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning 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 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)

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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Free Data: Mixed Condiments, Sauses and Seasonings - Romania