Romania: Market for Frozen Vegetables other than Potato and Corn 2024

Market Size for Frozen Vegetables other than Potato and Corn in Romania

For the third year in a row, the Romanian market for frozen vegetables other than potato and corn recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption posted buoyant growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Frozen Vegetables other than Potato and Corn in Romania

In value terms, production of frozen vegetables other than potato and corn skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production of hit record highs in 2022 and is likely to see gradual growth in years to come.

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Exports of Frozen Vegetables other than Potato and Corn

Exports from Romania

In 2022, overseas shipments of frozen vegetables other than potato and corn increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, total exports indicated a measured 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of frozen vegetables other than potato and corn dropped modestly to $X in 2022. Over the period under review, total exports indicated a buoyant 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for exports of frozen vegetables other than potato and corn from Romania, accounting for a X% share of total exports. Moreover, exports of frozen vegetables other than potato and corn to Italy exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was held by Hungary (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Hungary (X% per year).

In value terms, Italy ($X) remains the key foreign market for frozen vegetables other than potato and corn exports from Romania, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average export price for frozen vegetables other than potato and corn stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

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 Italy ($X per ton), while the average price for exports to Lebanon ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Romania

In 2022, approx. X tons of frozen vegetables other than potato and corn were imported into Romania; surging by X% compared with 2021 figures. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of frozen vegetables other than potato and corn dropped modestly to $X in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Poland (X tons), Belgium (X tons) and Hungary (X tons) were the main suppliers of imports of frozen vegetables other than potato and corn to Romania, with a combined X% share of total imports. Egypt, Serbia, Italy, Germany, Greece, the Netherlands, Spain, the Czech Republic, Bulgaria and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen vegetables other than potato and corn suppliers to Romania were Poland ($X), Belgium ($X) and Hungary ($X), with a combined X% share of total imports. Italy, Greece, the Netherlands, Germany, Egypt, Serbia, the Czech Republic, Bulgaria, Spain and Austria lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average import price for frozen vegetables other than potato and corn amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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