Romania - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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Pimenta Pepper Market Size in Romania
The Romanian pimenta pepper market contracted to $X in 2022, stabilizing at the previous year. Over the period under review, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.2% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.
Pimenta Pepper Production in Romania
In value terms, pimenta pepper production shrank modestly to $X in 2022 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.9% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 38%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
In 2022, the average pimenta pepper yield in Romania declined to X kg per ha, approximately reflecting the year before. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 5.8%. The pimenta pepper yield peaked at X kg 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.
In 2022, the total area harvested in terms of pimenta pepper production in Romania was estimated at X ha, flattening at 2021 figures. The harvested area increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 6% against the previous year. Over the period under review, the harvested area dedicated to pimenta pepper production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.
Pimenta Pepper Exports
Exports from Romania
After two years of growth, shipments abroad of pimenta pepper decreased by -7.1% to X tons in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 204% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.
In value terms, pimenta pepper exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2016 with an increase of 107% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.
Exports by Country
Poland (X tons) was the main destination for pimenta pepper exports from Romania, with a 46% share of total exports. Moreover, pimenta pepper exports to Poland exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Germany (X tons) ranked third in terms of total exports with an 8.7% share.
From 2012 to 2022, the average annual growth rate of volume to Poland totaled +46.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+18.7% per year) and Germany (+17.5% per year).
In value terms, Poland ($X) remains the key foreign market for pimenta pepper exports from Romania, comprising 33% of total exports. The second position in the ranking was taken by Hungary ($X), with a 16% share of total exports. It was followed by Germany, with a 14% share.
From 2012 to 2022, the average annual growth rate of value to Poland stood at +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+20.1% per year) and Germany (+24.5% per year).
Export Prices by Country
In 2022, the average pimenta pepper export price amounted to $X per ton, dropping by -6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 30% against the previous year. The export price peaked at $X per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($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 Italy (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Imports
Imports into Romania
In 2022, approx. X tons of pimenta pepper were imported into Romania; reducing by -5.7% against 2021 figures. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 25% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pimenta pepper imports reduced to $X in 2022. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports reached the peak of $X, and then declined slightly in the following year.
Imports by Country
In 2022, China (X tons) constituted the largest pimenta pepper supplier to Romania, accounting for a 42% share of total imports. Moreover, pimenta pepper imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Spain (X tons) ranked third in terms of total imports with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.4% per year) and Spain (+3.5% per year).
In value terms, the largest pimenta pepper suppliers to Romania were China ($X), Germany ($X) and Poland ($X), with a combined 66% share of total imports. Spain, Hungary, Latvia, the Netherlands and Bulgaria lagged somewhat behind, together comprising a further 27%.
Among the main suppliers, Latvia, with a CAGR of +132.7%, saw the highest growth rate of 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 pimenta pepper import price stood at $X per ton in 2022, picking up by 4.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 16%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pimenta pepper market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 689 - Pimento
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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