Romania: Baby Food Market 2024

Baby Food Market Size in Romania

The Romanian baby food market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, continues to indicate a deep setback. Baby food consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Baby Food Production in Romania

In value terms, baby food production soared to $X in 2021 estimated in export price. Overall, production, however, recorded a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of 49% against the previous year. Baby food production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Baby Food Exports

Exports from Romania

In 2021, exports of food preparations for infants from Romania rose rapidly to X tons, increasing by 8.1% against 2020 figures. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 with an increase of 502% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, baby food exports rose markedly to $X in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 430% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Croatia (X tons) was the main destination for baby food exports from Romania, with a 69% share of total exports. Moreover, baby food exports to Croatia exceeded the volume sent to the second major destination, Moldova (X tons), fivefold. The third position in this ranking was taken by China (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Croatia amounted to +138.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+39.3% per year) and China (+7.9% per year).

In value terms, the largest markets for baby food exported from Romania were Croatia ($X), Moldova ($X) and China ($X), with a combined 89% share of total exports. Hong Kong SAR, Bulgaria, Spain, Sweden and the Netherlands lagged somewhat behind, together accounting for a further 8.7%.

Sweden, with a CAGR of +1,979.8%, recorded 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

The average baby food export price stood at $X per ton in 2021, growing by 5.2% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2015 an increase of 92% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while the average price for exports to Sweden ($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 Spain (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Food Imports

Imports into Romania

In 2021, overseas purchases of food preparations for infants decreased by -1.1% to X tons, falling for the third consecutive year after three years of growth. In general, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 17%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, baby food imports contracted slightly to $X in 2021. Overall, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -37.3% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by 21%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of baby food to Romania, accounting for a 52% share of total imports. Moreover, baby food imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Austria (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.5% per year) and Austria (+12.1% per year).

In value terms, the largest baby food suppliers to Romania were France ($X), Germany ($X) and Austria ($X), with a combined 78% share of total imports.

In terms of the main suppliers, Austria, with a CAGR of +18.2%, recorded 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 baby food import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.8%. The growth pace was the most rapid in 2014 an increase of 15%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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