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Romania - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Romania

In 2019, after two years of decline, there was significant growth in the Romanian market for crude sunflower-seed and safflower oil, when its value increased by X% to $X. Overall, consumption posted a buoyant increase. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in the immediate term.

Production of Crude Sunflower-Seed And Safflower Oil in Romania

In value terms, crude sunflower-seed and safflower oil production rose significantly to $X in 2019 estimated in export prices. In general, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level in 2019 and is expected to retain growth in years to come.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Romania

In 2019, shipments abroad of crude sunflower-seed and safflower oil decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2018, and then dropped significantly in the following year.

In value terms, crude sunflower-seed and safflower oil exports reduced dramatically to $X in 2019. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Italy (X tonnes), Spain (X tonnes) and South Africa (X tonnes) were the main destinations of crude sunflower-seed and safflower oil exports from Romania, together comprising X% of total exports. Hungary, India, Morocco and Portugal lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Portugal, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and South Africa ($X) constituted the largest markets for crude sunflower-seed and safflower oil exported from Romania worldwide, with a combined X% share of total exports. These countries were followed by Hungary, India, Morocco and Portugal, which together accounted for a further X saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for crude sunflower-seed and safflower oil stood at $X per tonne in 2019, approximately equating the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2019, the highest prices were recorded for prices to Italy ($X per tonne) and Hungary ($X per tonne), while the average price for exports to Portugal ($X per tonne) and Morocco ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Romania

In 2019, purchases abroad of crude sunflower-seed and safflower oil was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep contraction. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, crude sunflower-seed and safflower oil imports soared to $X in 2019. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Moldova (X tonnes) constituted the largest crude sunflower-seed and safflower oil supplier to Romania, with a X% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Moldova exceeded the figures recorded by the second-largest supplier, Slovenia (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from Moldova totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Hungary (-X% per year).

In value terms, Moldova ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Romania, comprising X% of total imports. The second position in the ranking was occupied by Slovenia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Moldova totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Hungary (-X% per year).

Import Prices by Country

The average import price for crude sunflower-seed and safflower oil stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Slovenia ($X per tonne), while the price for Moldova ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Slovenia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?
+
China (7.2M tonnes) remains the largest crude sunflower-seed and safflower oil consuming country worldwide, accounting for 18% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (2.9M tonnes), twofold. The third position in this ranking was occupied by the U.S. (1.9M tonnes), with a 4.9% share.
What are the largest producers of crude sunflower-seed and safflower oil in the world?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2019 were China (6.4M tonnes), Ukraine (5.1M tonnes) and Russia (3.9M tonnes), together accounting for 39% of global production.
What are the leading suppliers of crude sunflower-seed and safflower oil to Romania?
+
In value terms, Moldova ($6M) constituted the largest supplier of crude sunflower-seed and safflower oil to Romania, comprising 81% of total imports. The second position in the ranking was occupied by Slovenia ($464K), with a 6.3% share of total imports.
What are the leading importers of crude sunflower-seed and safflower oil from Romania?
+
In value terms, the largest markets for crude sunflower-seed and safflower oil exported from Romania were Italy ($41M), Spain ($23M) and South Africa ($15M), with a combined 68% share of total exports. These countries were followed by Hungary, India, Morocco and Portugal, which together accounted for a further 20%.
What is the average export price for crude sunflower-seed and safflower oil in Romania?
+
In 2019, the average export price for crude sunflower-seed and safflower oil amounted to $760 per tonne, remaining stable against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Romania?
+
The average import price for crude sunflower-seed and safflower oil stood at $707 per tonne in 2019, declining by -17.7% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil 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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