Romania: Rye Market 2024

Rye Market Size in Romania

The Romanian rye market declined slightly to $X in 2022, approximately mirroring the previous year. Overall, consumption, however, posted strong growth. Over the period under review, the market attained the maximum level at $X in 2021, and then declined modestly in the following year.

Rye Production in Romania

In value terms, rye production contracted to $X in 2022 estimated in export price. In general, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Rye production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of rye in Romania reduced to X tons per ha in 2022, waning by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average rye yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the rye harvested area in Romania contracted to X ha, waning by X% on the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to rye production reached the maximum at X ha in 2021, and then contracted slightly in the following year.

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Rye Exports

Exports from Romania

In 2022, overseas shipments of rye increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, rye exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Bulgaria (X tons) and Hungary (X kg) were the main destinations of rye exports from Romania.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for rye exported from Romania were Bulgaria ($X), Germany ($X) and Hungary ($X).

In terms of the main countries of destination, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average rye export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, continues to indicate temperate growth. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. 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 Bulgaria ($X per ton), while the average price for exports to Germany ($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.

Rye Imports

Imports into Romania

In 2022, the amount of rye imported into Romania skyrocketed to X tons, growing by X% against the previous year. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, rye imports surged to $X in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of rye to Romania, with a X% share of total imports. Moreover, rye imports from Hungary exceeded the figures recorded by the second-largest supplier, Moldova (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (X% per year) and Ukraine (X% per year).

In value terms, Hungary ($X) constituted the largest supplier of rye to Romania, comprising X% of total imports. The second position in the ranking was taken by Moldova ($X), with a X% share of total imports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average rye import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Austria ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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