Romania: Fresh Whole Chicken Market 2024

Fresh Whole Chicken Market Size in Romania

In 2021, after three years of decline, there was growth in the Romanian fresh whole chicken market, when its value increased by 0.4% to $X. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Fresh Whole Chicken Production in Romania

In value terms, fresh whole chicken production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Fresh Whole Chicken Exports

Exports from Romania

For the third consecutive year, Romania recorded decline in overseas shipments of fresh or chilled whole chickens, which decreased by -39.1% to X tons in 2021. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by 194%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, fresh whole chicken exports shrank dramatically to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 145%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X tons) was the main destination for fresh whole chicken exports from Romania, with a 94% share of total exports. Moreover, fresh whole chicken exports to Bulgaria exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria stood at -10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-31.7% per year) and Greece (-11.4% per year).

In value terms, Bulgaria ($X) remains the key foreign market for fresh or chilled whole chickens exports from Romania, comprising 93% of total exports. The second position in the ranking was held by Hungary ($X), with a 4.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Bulgaria stood at -12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-34.1% per year) and Greece (-9.7% per year).

Export Prices by Country

In 2021, the average fresh whole chicken export price amounted to $X per ton, jumping by 18% against the previous year. Overall, the export price, however, continues to indicate a pronounced slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Greece ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+1.9%), while the prices for the other major destinations experienced a decline.

Fresh Whole Chicken Imports

Imports into Romania

Fresh whole chicken imports into Romania shrank slightly to X tons in 2021, waning by -1.5% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 32%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, fresh whole chicken imports skyrocketed to $X in 2021. In general, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 39%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Bulgaria (X tons), Hungary (X tons) and Poland (X tons) were the main suppliers of fresh whole chicken imports to Romania, together accounting for 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +4.9%), while purchases for the other leaders experienced a decline.

In value terms, Bulgaria ($X), Hungary ($X) and Poland ($X) were the largest fresh whole chicken suppliers to Romania, with a combined 95% share of total imports.

Hungary, with a CAGR of +8.2%, 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 a decline.

Import Prices by Country

In 2021, the average fresh whole chicken import price amounted to $X per ton, surging by 35% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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