Romania - Spices Except Pepper or Ginger - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Spices Except Pepper or Ginger in Romania - 2023
Contents:
- Price for Spices Except Pepper or Ginger in Romania (CIF) - 2023
- Price for Spices Except Pepper or Ginger in Romania (FOB) - 2023
- Imports of Spices Except Pepper or Ginger in Romania
- Exports of Spices Except Pepper or Ginger in Romania
Price for Spices Except Pepper or Ginger in Romania (CIF) - 2023
In June 2023, the average import price for spices except pepper or ginger amounted to $6,233 per ton, rising by 6.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in September 2022 when the average import price increased by 19% against the previous month. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Bulgaria ($13,918 per ton), while the price for Latvia ($3,564 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 Bulgaria (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices Except Pepper or Ginger in Romania (FOB) - 2023
The average export price for spices except pepper or ginger stood at $8,105 per ton in June 2023, growing by 7.6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 123% m-o-m. Over the period under review, the average export prices hit record highs at $9,389 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($19,579 per ton), while the average price for exports to Cyprus ($3,829 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 the Czech Republic (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices Except Pepper or Ginger in Romania
In 2022, approx. 1.9K tons of spices except pepper or ginger were imported into Romania; remaining constant against 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 1.9K tons, leveling off in the following year.
In value terms, spices except pepper or ginger imports reduced to $10M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $11M, and then contracted in the following year.
| Import of Spices Except Pepper or Ginger in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 2.9 | 3.4 | 2.8 | -2.3% |
| Czech Republic | 1.3 | 1.4 | 1.4 | 1.3 | 0.0% |
| Poland | 1.2 | 1.4 | 1.4 | 1.3 | 2.7% |
| Turkey | 1.1 | 1.0 | 1.2 | 1.0 | -3.1% |
| Austria | 0.9 | 0.8 | 1.0 | 0.8 | -3.9% |
| Hungary | 0.2 | 0.3 | 0.6 | 0.8 | 58.7% |
| France | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
| Latvia | 0.1 | 0.2 | 0.4 | 0.5 | 71.0% |
| Others | 0.8 | 0.8 | 1.1 | 1.0 | 7.7% |
| Total | 9.1 | 9.2 | 11.0 | 10.0 | 3.2% |
Top Suppliers of Spices Except Pepper or Ginger to Romania in 2022:
- Germany (485.3 tons)
- Czech Republic (222.0 tons)
- Turkey (196.2 tons)
- Hungary (169.7 tons)
- Poland (163.4 tons)
- Latvia (145.4 tons)
- Austria (141.9 tons)
- France (116.9 tons)
Exports of Spices Except Pepper or Ginger in Romania
In 2022, shipments abroad of spices except pepper or ginger decreased by -8.4% to 896 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 4.3% against the previous year. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices except pepper or ginger exports dropped significantly to $6.4M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17%.
| Export of Spices Except Pepper or Ginger in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,457 | 1,494 | 1,754 | 1,170 | -7.1% |
| Spain | 768 | 1,091 | 935 | 767 | -0.0% |
| Italy | 487 | 612 | 927 | 746 | 15.3% |
| United Kingdom | 682 | 1,336 | 646 | 677 | -0.2% |
| Czech Republic | 370 | 539 | 629 | 658 | 21.2% |
| Poland | 984 | 367 | 525 | 556 | -17.3% |
| Bulgaria | 330 | 294 | 352 | 387 | 5.5% |
| France | 240 | 375 | 647 | 370 | 15.5% |
| Croatia | 188 | 206 | 226 | 223 | 5.9% |
| Cyprus | 205 | 133 | 217 | 215 | 1.6% |
| Hungary | 92.1 | 287 | 228 | 130 | 12.2% |
| Belgium | 173 | 194 | 64.3 | 98.3 | -17.2% |
| Others | 229 | 330 | 599 | 439 | 24.2% |
| Total | 6,205 | 7,258 | 7,749 | 6,437 | 1.2% |
Top Export Markets for Spices Except Pepper or Ginger from Romania in 2022:
- Spain (139.5 tons)
- Czech Republic (120.6 tons)
- Poland (102.4 tons)
- Italy (88.6 tons)
- Germany (77.8 tons)
- Bulgaria (71.8 tons)
- France (57.1 tons)
- Cyprus (44.6 tons)
- Croatia (38.3 tons)
- United Kingdom (37.4 tons)
- Belgium (29.2 tons)
- Hungary (26.3 tons)
This report provides an in-depth analysis of the market for spices except pepper or ginger 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 723 - Spices nes
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
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The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
