Romania: Asparagus Market 2022

Asparagus Market Size in Romania

The Romanian asparagus market soared to $X in 2021, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed prominent growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Asparagus Exports

Exports from Romania

In 2021, after two years of growth, there was significant decline in shipments abroad of asparagus, when their volume decreased by -X% to X tonnes. In general, exports faced a sharp setback. The growth pace was the most rapid in 2020 with an increase of X% year-to-year. Over the period under review, the exports reached the maximum at X tonnes in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, asparagus exports surged to $X in 2021. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X tonnes) was the main destination for asparagus exports from Romania, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Moldova stood at +X%.

In value terms, Moldova ($X) also remains the key foreign market for asparagus exports from Romania.

From 2012 to 2021, the average annual growth rate of value to Moldova amounted to +X%.

Export Prices by Country

In 2021, the average asparagus export price amounted to $X per tonne, with an increase of X% against the previous year. In general, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, asparagus export price decreased by -X% against 2019 indices. The growth pace was the most rapid in 2019 an increase of X% y-o-y. Over the period under review, the average export prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2021, the rate of growth in terms of prices for Moldova amounted to -X% per year.

Asparagus Imports

Imports into Romania

In 2021, approx. X tonnes of asparagus were imported into Romania; rising by X% on the year before. Overall, imports posted buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, asparagus imports surged to $X in 2021. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Italy (X tonnes) were the main suppliers of asparagus imports to Romania, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Germany (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) were the largest asparagus suppliers to Romania, together comprising X% of total imports. Spain, Italy and Poland lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average asparagus import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform