Romania - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Romania - 2023
Contents:
- Pyrethrum and Peppermint Price in Romania (FOB) - 2023
- Pyrethrum and Peppermint Price in Romania (CIF) - 2023
- Pyrethrum and Peppermint Exports in Romania
- Pyrethrum and Peppermint Imports in Romania
Pyrethrum and Peppermint Price in Romania (FOB) - 2023
In August 2023, the average pyrethrum and peppermint export price amounted to $43,596 per ton, declining by -34.2% against the previous month. Overall, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 206% m-o-m. As a result, the export price attained the peak level of $70,828 per ton. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Italy ($119K per ton), while the average price for exports to Turkey ($3,409 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Romania (CIF) - 2023
The average pyrethrum and peppermint import price stood at $5,331 per ton in August 2023, stabilizing at the previous month. In general, the import price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 34% month-to-month. The import price peaked at $9,017 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($17,442 per ton), while the price for Egypt ($961 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 Austria (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Exports in Romania
In 2022, approx. 536 tons of pyrethrum and peppermint were exported from Romania; picking up by 6.7% compared with the previous year. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +49.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, pyrethrum and peppermint exports skyrocketed to $9.5M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Pyrethrum and Peppermint in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,723 | 2,079 | 3,701 | 5,968 | 51.3% |
| Italy | 201 | 294 | 1,379 | 1,141 | 78.4% |
| United Kingdom | 173 | 288 | 1,021 | 680 | 57.8% |
| France | 73.6 | 118 | 482 | 358 | 69.4% |
| Moldova | 288 | 286 | 266 | 260 | -3.4% |
| Russia | 121 | 235 | 233 | 71.5 | -16.1% |
| Others | 596 | 844 | 1,015 | 1,002 | 18.9% |
| Total | 3,176 | 4,145 | 8,096 | 9,480 | 44.0% |
Top Export Markets for Pyrethrum and Peppermint from Romania in 2022:
- Germany (387.1 tons)
- Italy (36.9 tons)
- Moldova (18.5 tons)
- United Kingdom (17.2 tons)
- Russia (14.1 tons)
- France (8.8 tons)
Pyrethrum and Peppermint Imports in Romania
In 2022, supplies from abroad of pyrethrum and peppermint was finally on the rise to reach 1.7K tons after two years of decline. In general, imports, however, showed a abrupt decline.
In value terms, pyrethrum and peppermint imports rose to $7.6M in 2022. Overall, imports, however, continue to indicate a slight curtailment.
| Import of Pyrethrum and Peppermint in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,105 | 2,335 | 1,823 | 1,647 | -7.9% |
| Germany | 922 | 786 | 899 | 937 | 0.5% |
| India | 427 | 538 | 581 | 720 | 19.0% |
| Bulgaria | 266 | 152 | 673 | 714 | 39.0% |
| Egypt | 433 | 501 | 396 | 657 | 14.9% |
| Austria | 475 | 528 | 673 | 503 | 1.9% |
| Latvia | 3.1 | 108 | 226 | 373 | 393.7% |
| Netherlands | 320 | 151 | 275 | 256 | -7.2% |
| China | 108 | 190 | 198 | 234 | 29.4% |
| Ukraine | 210 | 302 | 211 | 225 | 2.3% |
| Italy | 68.1 | 51.8 | 75.6 | 183 | 39.0% |
| Albania | 69.4 | 160 | 146 | 178 | 36.9% |
| Turkey | 119 | 193 | 160 | 122 | 0.8% |
| Others | 2,425 | 1,374 | 1,081 | 845 | -29.6% |
| Total | 7,951 | 7,369 | 7,419 | 7,593 | -1.5% |
Top Suppliers of Pyrethrum and Peppermint to Romania in 2022:
- Poland (429.4 tons)
- Egypt (367.5 tons)
- Germany (141.5 tons)
- India (129.8 tons)
- Latvia (114.6 tons)
- Albania (81.9 tons)
- Italy (71.9 tons)
- Ukraine (64.7 tons)
- Bulgaria (57.4 tons)
- Turkey (49.0 tons)
- Netherlands (44.5 tons)
- Austria (36.1 tons)
- China (30.4 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint 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 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
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.
-
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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