Romania: Apricot Market 2024

Apricot Market Size in Romania

The Romanian apricot market soared to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Apricot consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in Romania

In value terms, apricot production surged to $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of apricots in Romania contracted to X tons per ha in 2022, which is down by X% on 2021 figures. Over the period under review, the yield indicated a modest increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, apricot yield increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the average apricot yield hit record highs at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Romania contracted slightly to X ha in 2022, flattening at the previous year's figure. Overall, the harvested area recorded a noticeable slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to apricot production reached the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Apricot Exports

Exports from Romania

In 2022, the amount of apricots exported from Romania shrank remarkably to X tons, falling by X% compared with 2021 figures. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, apricot exports declined notably to $X in 2022. In general, exports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), the Netherlands (X tons) and Ukraine (X tons) were the main destinations of apricot exports from Romania, with a combined X% share of total exports. The Czech Republic, Hungary, Belgium, Bulgaria and Moldova lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for apricot exported from Romania were the Netherlands ($X), Poland ($X) and Ukraine ($X), with a combined X% share of total exports. Hungary, the Czech Republic, Bulgaria, Belgium and Moldova lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (X%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into Romania

In 2022, supplies from abroad of apricots was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, apricot imports rose notably to $X in 2022. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Greece (X tons) constituted the largest supplier of apricot to Romania, accounting for a X% share of total imports. Moreover, apricot imports from Greece exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Moldova (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Greece amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Moldova (X% per year).

In value terms, Greece ($X) constituted the largest supplier of apricots to Romania, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by Serbia, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Greece totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Serbia (X% per year).

Import Prices by Country

The average apricot import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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