Romania: Sorghum Market 2024

Sorghum Market Size in Romania

The Romanian sorghum market declined to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed a noticeable expansion. Sorghum consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Sorghum Production in Romania

In value terms, sorghum production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of sorghum in Romania shrank to X tons per ha in 2022, which is down by X% against 2021 figures. In general, the yield, however, posted a remarkable increase. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. The sorghum yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a 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 harvested area of sorghum in Romania skyrocketed to X ha, increasing by X% on the previous year. Overall, the harvested area, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sorghum production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

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Sorghum Exports

Exports from Romania

In 2022, overseas shipments of sorghum increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, sorghum exports skyrocketed to $X in 2022. Overall, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for sorghum exports from Romania, with a X% share of total exports. Moreover, sorghum exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a X% share.

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

In value terms, Italy ($X) remains the key foreign market for sorghum exports from Romania, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Poland, 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 Poland (X% per year).

Export Prices by Country

In 2022, the average sorghum export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated a moderate increase 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, sorghum export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and Germany ($X per ton), while the average price for exports to Hungary ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Sorghum Imports

Imports into Romania

In 2022, supplies from abroad of sorghum increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sorghum imports dropped dramatically to $X in 2022. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of sorghum to Romania, with a X% share of total imports. Moreover, sorghum imports from Ukraine exceeded the figures recorded by the second-largest supplier, Hungary (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine amounted to X.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and France (X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of sorghum to Romania, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Ukraine amounted to X.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Hungary (X% per year).

Import Prices by Country

The average sorghum import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price saw a dramatic descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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