Romania: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Romania

The revenue of the frozen orange juice market in Romania amounted to $X in 2018, dropping by -X% against the previous year. In general, frozen orange juice consumption continues to indicate an abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Frozen orange juice consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Frozen Orange Juice Production in Romania

In value terms, frozen orange juice production amounted to $X in 2018 estimated in export prices. Overall, frozen orange juice production continues to indicate a deep slump. The pace of growth appeared the most rapid in 2008 when production volume increased by X% y-o-y. Frozen orange juice production peaked at $X in 2010; however, from 2011 to 2018, production stood at a somewhat lower figure.

Frozen Orange Juice Exports

Exports from Romania

In 2018, the amount of frozen unconcentrated orange juice exported from Romania amounted to X tons, jumping by X% against the previous year. In general, frozen orange juice exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Exports peaked at X tons in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, frozen orange juice exports stood at $X in 2018. Over the period under review, frozen orange juice exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2010; however, from 2011 to 2018, exports remained at a lower figure.

Exports by Country

Italy (X tons), Moldova (X tons) and Bulgaria (X tons) were the main destinations of frozen orange juice exports from Romania, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) remains the key foreign market for frozen orange juice exports from Romania, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Moldova amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, going down by -X% against the previous year. In general, the export price indicated a measured expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice export price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The export price peaked at $X per ton in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Moldova, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Romania

In 2018, the amount of frozen unconcentrated orange juice imported into Romania amounted to X tons, surging by X% against the previous year. Overall, frozen orange juice imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, frozen orange juice imports attained their peak figure at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, frozen orange juice imports totaled $X in 2018. In general, frozen orange juice imports, however, continue to indicate a deep decline. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the Netherlands (X tons) constituted the largest frozen orange juice supplier to Romania, accounting for a X% share of total imports. Moreover, frozen orange juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. Greece (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Netherlands amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Greece (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of frozen orange juice to Romania, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Greece (-X% per year).

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, approximately mirroring the previous year. Overall, the import price indicated slight growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. In that year, the average import prices for frozen unconcentrated orange juice attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the average import prices for frozen unconcentrated orange juice failed to regain its momentum.

Average prices varied noticeably amongst the major supplying countries. In 2018, the highest prices were recorded for prices from France ($X per ton) and the Netherlands ($X per ton), while the price for Belgium ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Greece, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform