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Romania - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Animal Fats Market Overview 2021

Animal Fats Market Size in Romania

The Romanian animal fats market fell to $X in 2019, reducing by -X% against the previous year. Overall, consumption showed a perceptible slump. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Animal Fats Production in Romania

In value terms, animal fats production amounted to $X in 2019 estimated in export prices. Over the period under review, production saw a noticeable descent. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Animal Fats Exports

Exports from Romania

In 2019, animal fats exports from Romania soared to X tonnes, with an increase of X% on the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, animal fats exports surged to $X in 2019. Overall, exports showed prominent growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Italy (X tonnes) was the main destination for animal fats exports from Romania, with a X% share of total exports. Moreover, animal fats exports to Italy exceeded the volume sent to the second major destination, Spain (X tonnes), twofold.

From 2007 to 2019, the average annual growth rate of volume to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Germany (+X% per year).

In value terms, Italy ($X) remains the key foreign market for animal fats exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Spain (+X% per year).

Export Prices by Country

The average animal fats export price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the export price faced a deep downturn. The growth pace was the most rapid in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced a decline.

Animal Fats Imports

Imports into Romania

In 2019, supplies from abroad of animal fats and oils decreased by -X% to X tonnes for the first time since 2014, thus ending a four-year rising trend. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018, and then reduced in the following year.

In value terms, animal fats imports dropped remarkably to $X in 2019. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then fell sharply in the following year.

Imports by Country

In 2019, Bulgaria (X tonnes) constituted the largest supplier of animal fats to Romania, accounting for a X% share of total imports. Moreover, animal fats imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), threefold. Greece (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Bulgaria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Greece (+X% per year).

In value terms, Denmark ($X) constituted the largest supplier of animal fats to Romania, comprising X% of total imports. The second position in the ranking was occupied by Bulgaria ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Denmark totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2019, the average animal fats import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (400K tonnes) remains the largest animal fats consuming country worldwide, accounting for 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
China (404K tonnes) constituted the country with the largest volume of animal fats production, comprising approx. 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (183K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the leading suppliers of animal fats and oils to Romania?
+
In value terms, Denmark ($3.4M) constituted the largest supplier of animal fats to Romania, comprising 53% of total imports. The second position in the ranking was occupied by Bulgaria ($1.3M), with a 20% share of total imports. It was followed by the Netherlands, with a 5.5% share.
What are the leading importers of animal fats and oils from Romania?
+
In value terms, Italy ($522K) remains the key foreign market for animal fats exports from Romania, comprising 61% of total exports. The second position in the ranking was occupied by Germany ($112K), with a 13% share of total exports.
What is the average export price for animal fats and oils in Romania?
+
In 2019, the average animal fats export price amounted to $338 per tonne, falling by -43.2% against the previous year.
What is the average import price for animal fats and oils in Romania?
+
The average animal fats import price stood at $4,599 per tonne in 2019, which is down by -35.9% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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