Romania: Bread And Bakery Market 2024

Bread And Bakery Market Size in Romania

In 2022, the Romanian bread and bakery market decreased by X% to $X, falling for the fourth year in a row after four years of growth. In general, consumption recorded a abrupt setback. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Bread And Bakery Production in Romania

In value terms, bread and bakery production dropped significantly to $X in 2022 estimated in export price. In general, production showed a dramatic descent. The growth pace was the most rapid in 2017 when the production volume increased by X%. Bread and bakery production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Bread And Bakery Exports

Exports from Romania

Bread and bakery exports from Romania stood at X tons in 2022, increasing by X% compared with the previous year. In general, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, bread and bakery exports rose slightly to $X in 2022. Overall, exports showed a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bulgaria (X tons), Hungary (X tons) and Germany (X tons) were the main destinations of bread and bakery exports from Romania, with a combined X% share of total exports. Greece, the UK, Poland, Serbia, Moldova, the Czech Republic, Italy, France, the Netherlands and Israel lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for bread and bakery exported from Romania were Bulgaria ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports. Greece, Hungary, Italy, Poland, Moldova, France, Serbia, the Netherlands, the Czech Republic and Israel lagged somewhat behind, together comprising a further X%.

France, 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

In 2022, the average bread and bakery export price amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Hungary ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bread And Bakery Imports

Imports into Romania

In 2022, approx. X tons of bread and bakery were imported into Romania; picking up by X% against the previous year's figure. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, bread and bakery imports expanded remarkably to $X in 2022. In general, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Poland (X tons), Germany (X tons) and Bulgaria (X tons) were the main suppliers of bread and bakery imports to Romania, with a combined X% share of total imports. Italy, Ukraine, Turkey, the Czech Republic, Hungary, Moldova, France, Belgium, Serbia and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) appeared to be the largest bread and bakery suppliers to Romania, with a combined X% share of total imports. Bulgaria, France, Ukraine, the Czech Republic, Turkey, Belgium, Hungary, Austria, Moldova and Serbia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Serbia, with a CAGR of X%, 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 bread and bakery import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :