Romania: Preserved Olive Market 2025

Preserved Olive Market Size in Romania

For the sixth year in a row, the Romanian preserved olive market recorded growth in sales value, which increased by 5.5% to $X in 2021. Overall, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +114.4% against 2012 indices. Preserved olive consumption peaked in 2021 and is likely to see steady growth in years to come.

Preserved Olive Production in Romania

In value terms, preserved olive production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume decreased by 99.9% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the near future.

Preserved Olive Exports

Exports from Romania

For the fifth consecutive year, Romania recorded growth in shipments abroad of olives prepared or preserved, which increased by 46% to X tons in 2021. Overall, exports saw a modest increase. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, preserved olive exports skyrocketed to $X in 2021. In general, exports saw a notable increase. The most prominent rate of growth was recorded in 2017 with an increase of 76% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Moldova (X tons), the UK (X tons) and Italy (X tons) were the main destinations of preserved olive exports from Romania, with a combined 93% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +116.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved olive exported from Romania were Moldova ($X), the UK ($X) and Italy ($X), with a combined 89% share of total exports.

Among the main countries of destination, Moldova, with a CAGR of +111.2%, saw the highest growth rate of 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

The average preserved olive export price stood at $X per ton in 2021, reducing by -12.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2013 when the average export price increased by 56% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Olive Imports

Imports into Romania

In 2021, approx. X tons of olives prepared or preserved were imported into Romania; picking up by 2.5% on 2020 figures. In general, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.9% against 2012 indices. The growth pace was the most rapid in 2018 with an increase of 17%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, preserved olive imports expanded to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +131.6% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 34% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tons), Greece (X tons) and Egypt (X tons) were the main suppliers of preserved olive imports to Romania, together accounting for 84% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +54.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Greece ($X) and Spain ($X) were the largest preserved olive suppliers to Romania, together comprising 82% of total imports. These countries were followed by Egypt, Italy and Poland, which together accounted for a further 11%.

In terms of the main suppliers, Egypt, with a CAGR of +56.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average preserved olive import price amounted to $X per ton, stabilizing at the previous year. Over the last nine years, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2013 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then fell modestly in the following year.

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 Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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