Romania: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in Romania

The Romanian non-wheat cereal pellets market reduced dramatically to $X in 2021, waning by -18.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Non-Wheat Cereal Pellets Exports

Exports from Romania

In 2021, shipments abroad of cereal pellets (excluding wheat) was finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-wheat cereal pellets exports soared to $X in 2021. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for non-wheat cereal pellets exports from Romania, with a 100% share of total exports. It was followed by Belgium (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary totaled +747.5%.

In value terms, Hungary ($X) emerged as the key foreign market for cereal pellets (excluding wheat) exports from Romania, comprising 94% of total exports. The second position in the ranking was held by Belgium ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Hungary totaled +848.6%.

Export Prices by Country

The average non-wheat cereal pellets export price stood at $X per ton in 2021, dropping by -92.3% against the previous year. In general, the export price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2014 an increase of 800%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then shrank rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+162.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Wheat Cereal Pellets Imports

Imports into Romania

In 2021, non-wheat cereal pellets imports into Romania declined to X tons, with a decrease of -14.1% against 2020. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, non-wheat cereal pellets imports stood at $X in 2021. Over the period under review, imports recorded a mild setback. The most prominent rate of growth was recorded in 2016 when imports increased by 21%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Bulgaria (X tons) constituted the largest non-wheat cereal pellets supplier to Romania, with a 67% share of total imports. Moreover, non-wheat cereal pellets imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. The third position in this ranking was taken by Greece (X tons), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bulgaria stood at -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+16.8% per year) and Greece (+47.3% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Romania, comprising 55% of total imports. The second position in the ranking was taken by Spain ($X), with a 16% share of total imports. It was followed by Hungary, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Bulgaria stood at -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+23.8% per year) and Hungary (+15.9% per year).

Import Prices by Country

The average non-wheat cereal pellets import price stood at $X per ton in 2021, surging by 22% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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