Romania: Date Market Overview 2021

Date Market Size in Romania

The Romanian date market expanded sharply to $X in 2019, increasing 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). Over the period under review, consumption enjoyed a resilient increase. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2019 and is likely to continue growth in years to come.

Date Exports

Exports from Romania

In 2019, overseas shipments of dates were 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, exports showed significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, date exports surged to $X in 2019. Overall, exports enjoyed a resilient increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for date exports from Romania, with a X% share of total exports. Moreover, date exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Italy (+X% per year).

In value terms, Germany ($X) emerged as the key foreign market for date exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2019, the average date export price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Date Imports

Imports into Romania

After two years of decline, supplies from abroad of dates increased by X% to X tonnes in 2019. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, date imports amounted to $X in 2019. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2019 and are likely to see gradual growth in the near future.

Imports by Country

In 2019, Iran (X tonnes) constituted the largest date supplier to Romania, accounting for a X% share of total imports. Moreover, date imports from Iran exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), fourfold. France (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Iran amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

In value terms, the largest date suppliers to Romania were Iran ($X), the Netherlands ($X) and Germany ($X), together accounting for X% of total imports. These countries were followed by France, Slovakia, Poland and Algeria, which together accounted for a further X saw the highest growth rate of 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 2019, the average date import price amounted to $X per tonne, falling by -X% against the previous year. In general, import price indicated a perceptible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, date import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2018, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Algeria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dates in the world?

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The countries with the highest volumes of date consumption in 2019 were Egypt (1.6M tonnes), Saudi Arabia (1.4M tonnes) and Iran (1.2M tonnes), with a combined 42% share of global consumption. These countries were followed by Algeria, Iraq, Pakistan, Sudan, Oman, China, India, the United Arab Emirates, Libya and Tunisia, which together accounted for a further 43%.

What are the largest producers of dates in the world?

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The countries with the highest volumes of date production in 2019 were Egypt (1.6M tonnes), Saudi Arabia (1.5M tonnes) and Iran (1.3M tonnes), together comprising 46% of global production. Algeria, Iraq, Pakistan, Sudan, Oman, China, the United Arab Emirates, Tunisia and Libya lagged somewhat behind, together accounting for a further 43%.

What are the leading suppliers of dates to Romania?

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In value terms, Iran ($824K), the Netherlands ($527K) and Germany ($494K) appeared to be the largest date suppliers to Romania, with a combined 68% share of total imports. France, Slovakia, Poland and Algeria lagged somewhat behind, together accounting for a further 23%.

What are the leading importers of dates from Romania?

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In value terms, Germany ($25K) emerged as the key foreign market for date exports from Romania, comprising 76% of total exports. The second position in the ranking was occupied by the Netherlands ($5.2K), with a 16% share of total exports.

What is the average export price for dates in Romania?

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In 2019, the average date export price amounted to $1,622 per tonne, waning by -20.9% against the previous year.

What is the average import price for dates in Romania?

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In 2019, the average date import price amounted to $2,278 per tonne, which is down by -3.8% against the previous year.