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Romania - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Chestnut Market Overview 2021

Chestnut Market Size in Romania

The Romanian chestnut market soared to $X in 2020, jumping by X% against the previous year. In general, consumption saw a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in years to come.

Chestnut Production in Romania

In value terms, chestnut production fell slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X, and then shrank slightly in the following year.

In 2020, the average chestnut yield in Romania shrank to X tonnes per ha, standing approx. at the previous year. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. from 2019 to 2020, the growth of the average chestnut yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chestnut harvested area in Romania amounted to X ha in 2020, stabilizing at 2019. Over the period under review, the total harvested area indicated resilient growth from 2012 to 2020: its figure increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, chestnut harvested area increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha; afterwards, it flattened through to 2020.

Chestnut Exports

Exports from Romania

In 2020, overseas shipments of chestnuts decreased by -X% to X kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, chestnut exports reduced rapidly to $X in 2020. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Moldova (X kg) was the main destination for chestnut exports from Romania, accounting for a X% share of total exports. Moreover, chestnut exports to Moldova exceeded the volume sent to the second major destination, the UK (X kg), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume to Moldova amounted to +X%.

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

From 2012 to 2020, the average annual rate of growth in terms of value to Moldova amounted to +X%.

Export Prices by Country

In 2020, the average chestnut export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the last eight-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne, and then fell modestly in the following year.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Moldova stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Chestnut Imports

Imports into Romania

In 2020, chestnut imports into Romania surged to X tonnes, picking up by X% compared with 2019. Over the period under review, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, chestnut imports surged to $X in 2020. Overall, imports recorded buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2018 to 2020, the growth imports remained at a lower figure.

Imports by Country

China (X tonnes), Italy (X tonnes) and Turkey (X tonnes) were the main suppliers of chestnut imports to Romania, with a combined X% share of total imports. The Netherlands, Germany, Greece and Croatia lagged somewhat behind, together comprising a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and China ($X) appeared to be the largest chestnut suppliers to Romania, together comprising X% of total imports. Germany, the Netherlands, Greece and Croatia lagged somewhat behind, together accounting for a further X (+X% per year) saw 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 2020, the average chestnut import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Croatia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in the world?
+
China (1.9M tonnes) remains the largest chestnut consuming country worldwide, comprising approx. 82% of total volume. Moreover, chestnut consumption in China exceeded the figures recorded by the second-largest consumer, Bolivia (89K tonnes), more than tenfold. Turkey (58K tonnes) ranked third in terms of total consumption with a 2.6% share.
What are the largest producers of chestnuts in the world?
+
China (1.9M tonnes) remains the largest chestnut producing country worldwide, accounting for 83% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Bolivia (89K tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (65K tonnes), with a 2.9% share.
What are the leading suppliers of chestnuts to Romania?
+
In value terms, Turkey ($249K), Italy ($247K) and China ($135K) constituted the largest chestnut suppliers to Romania, with a combined 66% share of total imports. Germany, the Netherlands, Greece and Croatia lagged somewhat behind, together accounting for a further 31%.
What are the leading importers of chestnuts from Romania?
+
In value terms, Moldova ($2.2K) remains the key foreign market for chestnut exports from Romania, comprising 91% of total exports. The second position in the ranking was occupied by the UK ($223), with a 9.2% share of total exports.
What is the average export price for chestnuts in Romania?
+
The average chestnut export price stood at $3,507 per tonne in 2020, waning by -1.7% against the previous year.
What is the average import price for chestnuts in Romania?
+
The average chestnut import price stood at $2,102 per tonne in 2020, with an increase of 3.3% against the previous year.

Product coverage:
• FCL 220 - Chestnuts

This report provides an in-depth analysis of the chestnut 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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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