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Romania - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Crude Palm Oil Market Overview 2021

Crude Palm Oil Market Size in Romania

The Romanian crude palm oil market surged to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Crude Palm Oil Exports

Exports from Romania

In 2020, approx. X kg of crude palm oil were exported from Romania; dropping by -X% compared with 2019. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, crude palm oil exports declined remarkably to $X in 2020. Overall, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Italy (X kg) was the main destination for crude palm oil exports from Romania, with a X% share of total exports. Moreover, crude palm oil exports to Italy exceeded the volume sent to the second major destination, Hungary (X kg), fivefold.

From 2007 to 2020, the average annual growth rate of volume to Italy stood at -X%.

In value terms, Italy ($X) remains the key foreign market for crude palm oil exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy stood at -X%.

Export Prices by Country

The average crude palm oil export price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the export price showed a mild curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Hungary ($X per tonne), while the average price for exports to Italy amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary.

Crude Palm Oil Imports

Imports into Romania

After two years of decline, overseas purchases of crude palm oil increased by X% to X tonnes in 2020. In general, imports posted a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, crude palm oil imports surged to $X in 2020. Over the period under review, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Italy (X tonnes) constituted the largest supplier of crude palm oil to Romania, accounting for a X% share of total imports. Moreover, crude palm oil imports from Italy exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tonnes), threefold. Bulgaria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Bulgaria (+X% per year).

In value terms, the largest crude palm oil suppliers to Romania were Italy ($X), the Czech Republic ($X) and Bulgaria ($X), together comprising X% of total imports. These countries were followed by Croatia and Sweden, which together accounted for a further X the main suppliers, Croatia (+X% per year) 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 crude palm oil import price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2019, and then dropped in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Croatia (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the world?
+
Indonesia (40M tonnes) remains the largest crude palm oil consuming country worldwide, comprising approx. 48% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia (16M tonnes), twofold. The third position in this ranking was occupied by India (7M tonnes), with a 8.4% share.
What are the largest producers of crude palm oil in the world?
+
Indonesia (47M tonnes) remains the largest crude palm oil producing country worldwide, comprising approx. 58% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (20M tonnes), twofold. Thailand (3.3M tonnes) ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of crude palm oil to Romania?
+
In value terms, the largest crude palm oil suppliers to Romania were Italy ($352K), the Czech Republic ($189K) and Bulgaria ($107K), with a combined 85% share of total imports. These countries were followed by Croatia and Sweden, which together accounted for a further 14%.
What are the leading importers of crude palm oil from Romania?
+
In value terms, Italy ($33) remains the key foreign market for crude palm oil exports from Romania, comprising 80% of total exports. The second position in the ranking was occupied by Hungary ($8), with a 20% share of total exports.
What is the average export price for crude palm oil in Romania?
+
The average crude palm oil export price stood at $1,067 per tonne in 2020, falling by -7.1% against the previous year.
What is the average import price for crude palm oil in Romania?
+
In 2020, the average crude palm oil import price amounted to $1,339 per tonne, which is down by -7% against the previous year.

Product coverage:
• FCL 257 - Oil of palm

This report provides an in-depth analysis of the crude palm oil 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.


Country coverage:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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