Romania: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Romania

The Romanian concentrated orange juice market declined dramatically to $X in 2021, with a decrease of -36.6% against the previous year. Over the period under review, consumption showed a abrupt contraction. Concentrated orange juice consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Concentrated Orange Juice Production in Romania

In value terms, concentrated orange juice production reached $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible curtailment. Concentrated orange juice production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Concentrated Orange Juice Exports

Exports from Romania

In 2021, shipments abroad of concentrated orange juice was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 626%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, concentrated orange juice exports surged to $X in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 396% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Bulgaria (X tons) was the main destination for concentrated orange juice exports from Romania, with a 62% share of total exports. Moreover, concentrated orange juice exports to Bulgaria exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. Croatia (X tons) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria totaled +33.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+308.4% per year) and Croatia (+58.5% per year).

In value terms, Bulgaria ($X) remains the key foreign market for concentrated orange juice exports from Romania, comprising 58% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 12% share of total exports. It was followed by Croatia, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria amounted to +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+275.4% per year) and Croatia (+51.6% per year).

Export Prices by Country

In 2021, the average concentrated orange juice export price amounted to $X per ton, shrinking by -1.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 0.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Croatia ($X per ton) and Hungary ($X per ton), while the average price for exports to Bulgaria ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-4.4%), while the prices for the other major destinations experienced a decline.

Concentrated Orange Juice Imports

Imports into Romania

In 2021, purchases abroad of concentrated orange juice was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, concentrated orange juice imports soared to $X in 2021. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of concentrated orange juice to Romania, with a 56% share of total imports. Moreover, concentrated orange juice imports from Greece exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Hungary (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Greece amounted to +175.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-0.0% per year) and Hungary (+40.5% per year).

In value terms, the largest concentrated orange juice suppliers to Romania were Greece ($X), the Netherlands ($X) and France ($X), with a combined 80% share of total imports.

Among the main suppliers, Greece, with a CAGR of +157.9%, recorded the highest growth rate of the value of imports, 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 concentrated orange juice import price amounted to $X per ton, reducing by -16.8% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2018 an increase of 4.8%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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