Romania: Sugar Crop Market 2024

Sugar Crop Market Size in Romania

The Romanian sugar crop market reduced markedly to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a abrupt slump. Sugar crop consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sugar Crop Production in Romania

In value terms, sugar crop production dropped rapidly to $X in 2022 estimated in export price. Overall, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average yield of sugar crops in Romania shrank remarkably to X tons per ha, waning by X% on the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the yield increased by X%. Over the period under review, the average sugar crop yield reached the maximum level at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar crop harvested area in Romania contracted rapidly to X ha in 2022, waning by X% against the previous year's figure. In general, the harvested area continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sugar crop production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

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Sugar Crop Exports

Exports from Romania

After three years of decline, shipments abroad of sugar crops decreased by X% to X kg in 2022. Over the period under review, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sugar crop exports declined dramatically to $X in 2022. Overall, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2018 when exports increased by X,250% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for sugar crop exports from Romania, with a X% share of total exports. Moreover, sugar crop exports to the Netherlands exceeded the volume sent to the second major destination, France (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%.

In value terms, the Netherlands ($X) emerged as the key foreign market for sugar crops exports from Romania, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled X%.

Export Prices by Country

In 2022, the average sugar crop export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to France stood at $X per ton.

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

Sugar Crop Imports

Imports into Romania

In 2022, purchases abroad of sugar crops increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports recorded prominent growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, sugar crop imports surged to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), Turkey (X tons) and France (X tons) were the main suppliers of sugar crop imports to Romania, with a combined X% share of total imports.

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

In value terms, the largest sugar crop suppliers to Romania were Germany ($X), Turkey ($X) and Bulgaria ($X), together comprising X% of total imports. Spain, the Netherlands, France, Poland and Hungary lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the average sugar crop import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price, however, saw prominent growth. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 Bulgaria ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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