Romania: Pesticide Market 2024

Pesticide Market Size in Romania

The Romanian pesticide market surged to $X in 2022, rising by X% against the previous year. Over the period under review, the total consumption indicated resilient growth 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pesticide Production in Romania

In value terms, pesticide production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Pesticide production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pesticide Exports

Exports from Romania

In 2022, after six years of growth, there was decline in overseas shipments of pesticides, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, pesticide exports stood at $X in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Bulgaria (X tons), Moldova (X tons) and Poland (X tons) were the main destinations of pesticide exports from Romania, together accounting for X% of total exports. Germany, Hungary, Ukraine, Austria, Italy, Spain, Cyprus and Serbia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Moldova ($X) and Hungary ($X) constituted the largest markets for pesticide exported from Romania worldwide, with a combined X% share of total exports. Poland, Germany, Spain, Austria, Ukraine, Italy, Serbia and Cyprus lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, recorded 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

The average pesticide export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, export price indicated buoyant growth 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, pesticide export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Cyprus ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Romania

In 2022, approx. X tons of pesticides were imported into Romania; surging by X% on 2021 figures. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pesticide imports rose notably to $X in 2022. Overall, imports recorded a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, France (X tons) constituted the largest pesticide supplier to Romania, accounting for a X% share of total imports. Moreover, pesticide imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Poland (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, France ($X) constituted the largest supplier of pesticides to Romania, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Poland, with an X% share.

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

Import Prices by Country

The average pesticide import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 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 France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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