Report Update Nov 1, 2024

Romania - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Grape Must Market 2024

Grape Must Market Size in Romania

In 2021, the Romanian grape must market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a mild slump. Grape must consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Grape Must Production in Romania

In value terms, grape must production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a dramatic shrinkage. Grape must production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Grape Must Exports

Exports from Romania

In 2021, the amount of grape must exported from Romania dropped rapidly to X litres, waning by -93.9% against 2020. In general, exports faced a precipitous contraction. The growth pace was the most rapid in 2014 with an increase of 8,595% against the previous year. The exports peaked at X litres in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, grape must exports contracted rapidly to $X in 2021. Over the period under review, exports saw a precipitous contraction. The growth pace was the most rapid in 2014 with an increase of 3,923%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X litres) was the main destination for grape must exports from Romania, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at -26.9%.

In value terms, Spain ($X) also remains the key foreign market for grape must exports from Romania.

From 2012 to 2021, the average annual growth rate of value to Spain stood at -29.7%.

Export Prices by Country

In 2021, the average grape must export price amounted to $X per litre, growing by 20% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 876%. As a result, the export price reached the peak level of $X per litre. From 2020 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -0.4% per year.

Grape Must Imports

Imports into Romania

For the fourth year in a row, Romania recorded growth in supplies from abroad of grape must, which increased by 61% to X litres in 2021. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 181%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, grape must imports skyrocketed to $X in 2021. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 245%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Spain (X litres) was the main supplier of grape must to Romania, accounting for a 97% share of total imports. It was followed by Greece (X litres), with a 2.6% share of total imports. Italy (X litres) ranked third in terms of total imports with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +54.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-1.3% per year) and Italy (-30.9% per year).

In value terms, Spain ($X) constituted the largest supplier of grape must to Romania, comprising 95% of total imports. The second position in the ranking was held by Greece ($X), with a 3.3% share of total imports. It was followed by Italy, with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +48.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+29.5% per year) and Italy (-26.0% per year).

Import Prices by Country

In 2021, the average grape must import price amounted to $X per litre, surging by 2.7% against the previous year. Overall, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2013 an increase of 258% against the previous year. Over the period under review, average import prices hit record highs at $X per litre in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Bulgaria ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape must in the world?

China constituted the country with the largest volume of grape must consumption, comprising approx. 25% of total volume. Moreover, grape must consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the largest producers of grape must in the world?

China remains the largest grape must producing country worldwide, comprising approx. 25% of total volume. Moreover, grape must production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the leading suppliers of grape must to Romania?

In value terms, Spain constituted the largest supplier of grape must to Romania, comprising 95% of total imports. The second position in the ranking was occupied by Greece, with a 3.3% share of total imports.

What are the leading importers of grape must from Romania?

In value terms, Spain remains the key foreign market for grape must exports from Romania.

What is the average export price for grape must in Romania?

The average grape must export price stood at $0.4 per litre in 2021, stabilizing at the previous year.

What is the average import price for grape must in Romania?

In 2021, the average grape must import price amounted to $1.4 per litre, which is down by -6.9% against the previous year.

This report provides an in-depth analysis of the grape must 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:

Prodcom 11021250 - Grape must (excluding alcohol duty)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023