Romania: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Romania

After six years of growth, the Romanian prepared frozen vegetable market decreased by -X% to $X in 2020. Overall, consumption recorded a measured expansion. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2019, and then fell in the following year.

Prepared Frozen Vegetable Production in Romania

In value terms, prepared frozen vegetable production declined to $X in 2020 estimated in export prices. Overall, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2013 indices. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2019, and then dropped in the following year.

Prepared Frozen Vegetable Exports

Exports from Romania

In 2020, after two years of decline, there was significant growth in shipments abroad of frozen vegetables and mixtures of vegetables (prepared or preserved), when their volume increased by X% to X tons. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X tons. from 2015 to 2020, the growth exports remained at a lower figure.

In value terms, prepared frozen vegetable exports reduced to $X in 2020. Over the period under review, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main destinations of prepared frozen vegetable exports from Romania, together accounting for X% of total exports. These countries were followed by Israel, the UK, Spain and Bulgaria, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (+X% per year), while exports for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The average prepared frozen vegetable export price stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price, however, showed pronounced growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2019, and then fell markedly in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports into Romania

Prepared frozen vegetable imports into Romania rose modestly to X tons in 2020, surging by X% against the year before. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, prepared frozen vegetable imports expanded remarkably to $X in 2020. Overall, imports recorded a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Egypt (X tons) constituted the largest prepared frozen vegetable supplier to Romania, with a X% share of total imports. Moreover, prepared frozen vegetable imports from Egypt exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Egypt stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Belgium (+X% per year).

In value terms, Belgium ($X), Germany ($X) and Egypt ($X) constituted the largest prepared frozen vegetable suppliers to Romania, together accounting for X% of total imports. These countries were followed by Poland, Hungary, Bulgaria and Lebanon, which together accounted for a further X (+X% per year) saw 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 more modest paces of growth.

Import Prices by Country

The average prepared frozen vegetable import price stood at $X per ton in 2020, growing by X% against the previous year. In general, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 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 Poland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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