Romania: Maize Bran Market 2024

Maize Bran Market Size in Romania

The Romanian maize bran market shrank to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a pronounced curtailment. Maize bran consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Maize Bran Production in Romania

In value terms, maize bran production reached $X in 2022 estimated in export price. In general, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Maize bran production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Maize Bran Exports

Exports from Romania

In 2022, shipments abroad of maize bran increased by X% to X tons, rising for the second consecutive year after six years of decline. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, maize bran exports surged to $X in 2022. In general, exports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Israel (X tons), Bulgaria (X tons) and Hungary (X tons) were the main destinations of maize bran exports from Romania, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for maize bran exported from Romania were Israel ($X), Bulgaria ($X) and Hungary ($X), together comprising X% of total exports. Italy and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average maize bran export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize bran export price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and Greece ($X per ton), while the average price for exports to Israel ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Bran Imports

Imports into Romania

In 2022, imports of maize bran into Romania fell notably to X tons, waning by X% on the previous year's figure. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, maize bran imports surged to $X in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of maize bran to Romania, with a X% share of total imports. Moreover, maize bran imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was taken by Bulgaria (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Bulgaria (X% per year).

In value terms, the largest maize bran suppliers to Romania were Hungary ($X), Poland ($X) and Bulgaria ($X), together comprising X% of total imports.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average maize bran import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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