Romania: Chestnut Market 2025

Chestnut Market Size in Romania

The Romanian chestnut market soared to $X in 2021, surging by 15% against the previous year. Over the period under review, consumption, however, saw a prominent expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Chestnut Production in Romania

In value terms, chestnut production fell to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 52% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

In 2021, the average yield of chestnuts in Romania contracted to X tons per ha, with a decrease of -10% on the previous year's figure. The yield figure increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the yield increased by 29%. The chestnut yield peaked at X tons per ha in 2020, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the chestnut harvested area in Romania stood at X ha, remaining stable against 2020 figures. In general, the total harvested area indicated a perceptible increase from 2012 to 2021: its figure increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chestnut harvested area increased by +50.0% against 2012 indices. The pace of growth was the most pronounced in 2015 when the harvested area increased by 50% against the previous year. Over the period under review, the harvested area dedicated to chestnut production attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Chestnut Exports

Exports from Romania

In 2021, shipments abroad of chestnuts was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt slump. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, chestnut exports surged to $X in 2021. Overall, exports, however, recorded a deep slump. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for chestnut exports from Romania, with a 83% share of total exports. Moreover, chestnut exports to Spain exceeded the volume sent to the second major destination, Moldova (X kg), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to +56.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+61.9% per year) and the UK (+25.0% per year).

In value terms, Spain ($X) emerged as the key foreign market for chestnut exports from Romania, comprising 65% of total exports. The second position in the ranking was taken by Moldova ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +61.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+62.2% per year) and the UK (+90.0% per year).

Export Prices by Country

The average chestnut export price stood at $X per ton in 2021, reducing by -33.5% against the previous year. Over the period under review, the export price continues to indicate a mild descent. The growth pace was the most rapid in 2013 an increase of 47%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Chestnut Imports

Imports into Romania

In 2021, after two years of growth, there was significant decline in supplies from abroad of chestnuts, when their volume decreased by -11.3% to X tons. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2015 with an increase of 51%. Over the period under review, imports reached the maximum at X tons in 2020, and then dropped in the following year.

In value terms, chestnut imports skyrocketed to $X in 2021. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 71% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of chestnut imports to Romania, together accounting for 59% of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +44.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) constituted the largest chestnut suppliers to Romania, together accounting for 69% of total imports.

Spain, with a CAGR of +48.6%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average chestnut import price amounted to $X per ton, picking up by 46% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 57% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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