Romania: Crispbread Market 2024

Crispbread Market Size in Romania

In 2021, the Romanian crispbread market decreased by -37.3% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, continues to indicate a modest expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Crispbread Production in Romania

In value terms, crispbread production contracted remarkably to $X in 2021 estimated in export price. Overall, production showed a mild shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 245% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Crispbread Exports

Exports from Romania

In 2021, approx. X tons of crispbread were exported from Romania; waning by -51.4% against the previous year's figure. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 29,654% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, crispbread exports contracted sharply to $X in 2021. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 41,147% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for crispbread exports from Romania, with a 44% share of total exports. Moreover, crispbread exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +343.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+56.8% per year) and Italy (+62.7% per year).

In value terms, Germany ($X) emerged as the key foreign market for crispbread exports from Romania, comprising 48% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total exports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +378.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+58.9% per year) and Italy (+60.5% per year).

Export Prices by Country

In 2021, the average crispbread export price amounted to $X per ton, with a decrease of -4.7% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crispbread export price increased by +10.7% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 87% against the previous year. The export price peaked at $X per ton in 2020, and then fell modestly in the following year.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Moldova ($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 Belgium (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Crispbread Imports

Imports into Romania

After three years of growth, supplies from abroad of crispbread decreased by -28.6% to X tons in 2021. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 69%. Over the period under review, imports attained the maximum at X tons in 2020, and then fell notably in the following year.

In value terms, crispbread imports declined rapidly to $X in 2021. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 56% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced notably in the following year.

Imports by Country

In 2021, Italy (X tons) constituted the largest crispbread supplier to Romania, accounting for a 52% share of total imports. Moreover, crispbread imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Austria (X tons), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.5% per year) and Austria (+41.3% per year).

In value terms, Italy ($X) constituted the largest supplier of crispbread to Romania, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by Austria, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.9% per year) and Austria (+27.2% per year).

Import Prices by Country

In 2021, the average crispbread import price amounted to $X per ton, falling by -7.5% against the previous year. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 24%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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