Romania: Fresh Pork Cut Market 2024

Fresh Pork Cut Market Size in Romania

The Romanian fresh pork cut market skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Fresh Pork Cut Production in Romania

In value terms, fresh pork cut production surged to $X in 2022 estimated in export price. Over the period under review, production posted a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Fresh Pork Cut Exports

Exports from Romania

After three years of decline, shipments abroad of fresh or chilled hams, shoulders and cuts of pig meat increased by X% to X tons in 2022. Overall, exports, however, continue to indicate a dramatic curtailment. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh pork cut exports dropped to $X in 2022. In general, exports, however, saw a dramatic slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Bulgaria (X tons), Greece (X tons) and Hungary (X tons) were the main destinations of fresh pork cut exports from Romania, together comprising X% of total exports. Spain, France and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Bulgaria ($X), Greece ($X) and France ($X) constituted the largest markets for fresh pork cut exported from Romania worldwide, together comprising X% of total exports.

France, with a CAGR of X%, recorded 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 a decline.

Export Prices by Country

In 2022, the average fresh pork cut export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fresh Pork Cut Imports

Imports into Romania

In 2022, supplies from abroad of fresh or chilled hams, shoulders and cuts of pig meat increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, fresh pork cut imports soared to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest fresh pork cut supplier to Romania, accounting for a X% share of total imports. Moreover, fresh pork cut imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. Denmark (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Denmark (X% per year).

In value terms, Spain ($X) constituted the largest supplier of fresh or chilled hams, shoulders and cuts of pig meat to Romania, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Denmark, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Denmark (X% per year).

Import Prices by Country

The average fresh pork cut import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($X per ton) and Germany ($X per ton), while the price for the Netherlands ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :