Romania: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in Romania

The Romanian preserved belly cut market soared to $X in 2020, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Preserved Belly Cut Production in Romania

In value terms, preserved belly cut production stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Preserved belly cut production peaked at $X in 2009; however, from 2010 to 2020, production failed to regain the momentum.

Preserved Belly Cut Exports

Exports from Romania

Preserved belly cut exports from Romania amounted to X tons in 2020, approximately equating the year before. Overall, exports showed a relatively flat trend pattern. Exports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, preserved belly cut exports totaled $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. Exports peaked in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), the UK (X tons) and France (X tons) were the main destinations of preserved belly cut exports from Romania, with a combined X% share of total exports. Belgium, the Netherlands and Moldova lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the UK ($X) and France ($X) constituted the largest markets for preserved belly cut exported from Romania worldwide, together comprising X% of total exports. These countries were followed by Belgium, Moldova and the Netherlands, which together accounted for a further X Netherlands saw the highest growth rate of 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

In 2020, the average preserved belly cut export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Moldova ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports into Romania

For the fifth year in a row, Romania recorded growth in supplies from abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked), which increased by X% to X tons in 2020. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, preserved belly cut imports skyrocketed to $X in 2020. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Spain (X tons) constituted the largest preserved belly cut supplier to Romania, accounting for a X% share of total imports. Moreover, preserved belly cut imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was occupied by Italy (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of preserved belly cut to Romania, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Spain amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Denmark (X% per year).

Import Prices by Country

The average preserved belly cut import price stood at $X per ton in 2020, picking up by X% against the previous year. In general, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved belly cut import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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