Romania: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Romania

The Romanian food manufacture machinery market contracted dramatically to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate a buoyant increase. Food manufacture machinery consumption peaked at $X in 2021, and then shrank markedly in the following year.

Food Manufacture Machinery Production in Romania

In value terms, food manufacture machinery production fell significantly to $X in 2022 estimated in export price. Overall, production, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then plummeted in the following year.

Food Manufacture Machinery Exports

Exports from Romania

For the third consecutive year, Romania recorded growth in shipments abroad of machinery for the preparation or manufacture of food or drink, which increased by X% to X units in 2022. In general, exports saw a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, food manufacture machinery exports skyrocketed to $X in 2022. Over the period under review, exports saw a strong expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Croatia (X units), Canada (X units) and Turkey (X units) were the main destinations of food manufacture machinery exports from Romania, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Croatia ($X) emerged as the key foreign market for machinery for the preparation or manufacture of food or drink exports from Romania, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Croatia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average food manufacture machinery export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price saw a mild decline. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into Romania

Food manufacture machinery imports into Romania reduced dramatically to X units in 2022, which is down by X% compared with the previous year. Over the period under review, imports, however, enjoyed a measured increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, food manufacture machinery imports reduced dramatically to $X in 2022. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), Italy (X units) and Hungary (X units) were the main suppliers of food manufacture machinery imports to Romania, together accounting for X% of total imports. China, Belgium, the Netherlands, France, Turkey and Denmark 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 Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery suppliers to Romania were Germany ($X), Italy ($X) and Hungary ($X), together accounting for X% of total imports. Belgium, France, China, the Netherlands, Denmark and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average food manufacture machinery import price stood at $X per unit in 2022, approximately mirroring the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price 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, food manufacture machinery import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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