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Romania - Crude Soybean Oil - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Crude Soybean Oil Market Overview 2021

Crude Soybean Oil Market Size in Romania

In 2020, the Romanian crude soybean oil market increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption showed a pronounced setback. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Crude Soybean Oil Production in Romania

In value terms, crude soybean oil production rose remarkably to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Crude Soybean Oil Exports

Exports from Romania

In 2020, overseas shipments of crude soybean oil decreased by -X% to X tonnes, falling for the fourth year in a row after three years of growth. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, crude soybean oil exports fell rapidly to $X in 2020. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2017 to 2020, the growth exports remained at a lower figure.

Exports by Country

Bulgaria (X tonnes) was the main destination for crude soybean oil exports from Romania, with a X% share of total exports. Moreover, crude soybean oil exports to Bulgaria exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Bulgaria amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Bulgaria totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

Export Prices by Country

The average crude soybean oil export price stood at $X per tonne in 2020, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Australia ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced a decline.

Crude Soybean Oil Imports

Imports into Romania

In 2020, supplies from abroad of crude soybean oil increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, crude soybean oil imports soared to $X in 2020. Overall, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

Hungary (X tonnes), Moldova (X tonnes) and Serbia (X tonnes) were the main suppliers of crude soybean oil imports to Romania, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (+X% per year), while imports for the other leaders experienced a decline.

In value terms, the largest crude soybean oil suppliers to Romania were Hungary ($X), Moldova ($X) and Italy ($X), with a combined X% share of total imports.

Hungary recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average crude soybean oil import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 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 Italy ($X per tonne), while the price for Moldova ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Moldova, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude soybean oil in the world?
+
The countries with the highest volumes of crude soybean oil consumption in 2020 were China (4.6M tonnes), India (3.6M tonnes) and the U.S. (2.3M tonnes), together accounting for 34% of global consumption.
What are the largest producers of crude soybean oil in the world?
+
The countries with the highest volumes of crude soybean oil production in 2020 were Argentina (5.4M tonnes), China (3.7M tonnes) and the U.S. (3.3M tonnes), with a combined 40% share of global production.
What are the leading suppliers of crude soybean oil to Romania?
+
In value terms, the largest crude soybean oil suppliers to Romania were Hungary ($1.8M), Moldova ($1.4M) and Italy ($93K), together comprising 96% of total imports.
What are the leading importers of crude soybean oil from Romania?
+
In value terms, Bulgaria ($655K) remains the key foreign market for crude soybean oil exports from Romania, comprising 53% of total exports. The second position in the ranking was occupied by Germany ($256K), with a 21% share of total exports. It was followed by Italy, with a 13% share.
What is the average export price for crude soybean oil in Romania?
+
In 2020, the average crude soybean oil export price amounted to $733 per tonne, flattening at the previous year.
What is the average import price for crude soybean oil in Romania?
+
The average crude soybean oil import price stood at $817 per tonne in 2020, picking up by 22% against the previous year.

Product coverage:
• Prodcom 10412100 - Crude soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the crude soybean oil 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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