Romania: Milk Market 2024

Milk Market Size in Romania

The Romanian milk market amounted to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Milk Production in Romania

In value terms, milk production amounted to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Milk Exports

Exports from Romania

Milk exports from Romania declined to X tons in 2022, waning by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, milk exports fell to $X in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons) was the main destination for milk exports from Romania, with a X% share of total exports. Moreover, milk exports to Bulgaria exceeded the volume sent to the second major destination, Greece (X tons), twofold. The third position in this ranking was taken by Moldova (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Moldova (X% per year).

In value terms, Bulgaria ($X) remains the key foreign market for milk exports from Romania, comprising X% of total exports. The second position in the ranking was held by Greece ($X), with a X% share of total exports. It was followed by Moldova, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2022, the average milk export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Milk Imports

Imports into Romania

In 2022, overseas purchases of milk increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, milk imports surged to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of milk to Romania, with a X% share of total imports. Moreover, milk imports from Hungary exceeded the figures recorded by the second-largest supplier, Poland (X tons), eightfold.

From 2012 to 2022, the average annual growth rate 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 the Czech Republic (X% per year).

In value terms, Hungary ($X) constituted the largest supplier of milk to Romania, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Hungary amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Poland (X% per year).

Import Prices by Country

The average milk import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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