Romania: Whey Market 2024

Whey Market Size in Romania

In 2022, after two years of growth, there was significant decline in the Romanian whey market, when its value decreased by X% to $X. Overall, consumption showed a noticeable contraction. Whey consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Whey Production in Romania

In value terms, whey production surged to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Whey Exports

Exports from Romania

In 2022, the amount of whey exported from Romania soared to X tons, with an increase of X% on the previous year. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, whey exports soared to $X in 2022. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X tons), Slovakia (X tons) and Spain (X tons) were the main destinations of whey exports from Romania, together comprising X% of total exports.

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

In value terms, the largest markets for whey exported from Romania were Poland ($X), Slovakia ($X) and Spain ($X), together comprising X% of total exports.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average whey export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price enjoyed mild growth. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Spain ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Whey Imports

Imports into Romania

In 2022, overseas purchases of whey increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, whey imports stood at $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. 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 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest whey supplier to Romania, accounting for a X% share of total imports. Moreover, whey imports from Poland exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), twofold. The third position in this ranking was taken by France (X tons), with a X% share.

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

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

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

Import Prices by Country

In 2022, the average whey import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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