
Romania - Lentils - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Lentil Market Overview 2021
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Lentil Market Size in Romania
For the fourth year in a row, the Romanian lentil market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption continues to indicate a significant increase. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.
Lentil Production in Romania
In value terms, lentil production stood at $X in 2019 estimated in export prices. Overall, production showed a significant decline. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The average yield of lentils in Romania amounted to X kg per ha in 2019, remaining stable against 2018. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The lentil harvested area in Romania stood at X ha in 2019, standing approx. at the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.
Lentil Exports
Exports from Romania
In 2019, after two years of growth, there was significant decline in overseas shipments of lentils, when their volume decreased by -X% to X tonnes. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.
In value terms, lentil exports contracted significantly to $X in 2019. Overall, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.
Exports by Country
Italy (X tonnes), Germany (X tonnes) and Turkey (X tonnes) were the main destinations of lentil exports from Romania, with a combined X% share of total exports. Switzerland, Kuwait, Bulgaria and Austria lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Kuwait (+X% per year), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Kuwait ($X) emerged as the key foreign market for lentil 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 Switzerland, with a X% share.
From 2007 to 2019, the average annual growth rate of value to Kuwait stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Switzerland (-X% per year).
Export Prices by Country
In 2019, the average lentil export price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Kuwait ($X per tonne), while the average price for exports to Turkey ($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 Bulgaria, while the prices for the other major destinations experienced more modest paces of growth.
Lentil Imports
Imports into Romania
For the fourth consecutive year, Romania recorded growth in supplies from abroad of lentils, which increased by X% to X tonnes in 2019. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see gradual growth in the near future.
In value terms, lentil imports stood at $X in 2019. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the immediate term.
Imports by Country
In 2019, Bulgaria (X tonnes) constituted the largest lentil supplier to Romania, accounting for a X% share of total imports. Moreover, lentil imports from Bulgaria exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. Turkey (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from Bulgaria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Turkey (+X% per year).
In value terms, Bulgaria ($X), the Netherlands ($X) and the Czech Republic ($X) constituted the largest lentil suppliers to Romania, with a combined X% share of total imports.
Bulgaria (+X% per year) recorded 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 lentil import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2019, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($X per tonne), while the price for Turkey ($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 lentils in the world?+
India (2M tonnes) remains the largest lentil consuming country worldwide, comprising approx. 27% of total volume. Moreover, lentil consumption in India exceeded the figures recorded by the second-largest consumer, Canada (984K tonnes), twofold. Turkey (657K tonnes) ranked third in terms of total consumption with a 8.7% share.
What are the largest producers of lentils in the world?+
The country with the largest volume of lentil production was Canada (3.1M tonnes), accounting for 45% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India (1.2M tonnes), threefold. Australia (534K tonnes) ranked third in terms of total production with a 7.7% share.
What are the leading suppliers of lentils to Romania?+
In value terms, the largest lentil suppliers to Romania were Bulgaria ($608K), the Netherlands ($328K) and the Czech Republic ($87K), with a combined 66% share of total imports.
What are the leading importers of lentils from Romania?+
In value terms, Kuwait ($15K) emerged as the key foreign market for lentil exports from Romania, comprising 42% of total exports. The second position in the ranking was occupied by Italy ($7.1K), with a 21% share of total exports. It was followed by Switzerland, with a 14% share.
What is the average export price for lentils in Romania?+
In 2019, the average lentil export price amounted to $923 per tonne, waning by -23.3% against the previous year.
What is the average import price for lentils in Romania?+
The average lentil import price stood at $893 per tonne in 2019, falling by -12.3% against the previous year.
This report provides an in-depth analysis of the lentil market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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