Romania: Potato Market 2024

Potato Market Size in Romania

The Romanian potato market soared to $X in 2021, growing by 19% against the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.4% against 2019 indices. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Potato Production in Romania

In value terms, potato production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 136% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

In 2021, the average yield of potatoes in Romania dropped to X tons per ha, stabilizing at the previous year's figure. The yield figure increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. Over the period under review, the average potato yield hit record highs at X tons per ha in 2017; however, from 2018 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of potatoes were harvested in Romania; stabilizing at 2020. In general, the harvested area showed a perceptible descent. The pace of growth appeared the most rapid in 2018 when the harvested area increased by 1.1%. The potato harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Potato Exports

Exports from Romania

In 2021, overseas shipments of potatoes increased by 2.3% to X tons, rising for the second year in a row after two years of decline. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 778% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, potato exports expanded sharply to $X in 2021. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2017 when exports increased by 334% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Moldova (X tons), Ukraine (X tons) and Greece (X tons) were the main destinations of potato exports from Romania, together comprising 88% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +341.8%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Ukraine ($X) and Poland ($X) constituted the largest markets for potato exported from Romania worldwide, together comprising 81% of total exports.

Ukraine, with a CAGR of +340.2%, 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 2021, the average potato export price amounted to $X per ton, with an increase of 7.3% against the previous year. In general, the export price showed a modest increase. The pace of growth appeared the most rapid in 2016 an increase of 78% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Ukraine ($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 Poland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Romania

In 2021, imports of potatoes into Romania dropped modestly to X tons, which is down by -5% against the previous year. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.6% 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 decreased by -18.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 77% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, potato imports expanded to $X in 2021. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 118%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

France (X tons), Germany (X tons) and Greece (X tons) were the main suppliers of potato imports to Romania, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were in Greece (with a CAGR of +42.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest potato suppliers to Romania, together comprising 67% of total imports. These countries were followed by Greece, Poland, Austria and Hungary, which together accounted for a further 27%.

Among the main suppliers, Greece, with a CAGR of +44.7%, recorded the highest growth rate of 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

The average potato import price stood at $X per ton in 2021, surging by 6.8% against the previous year. In general, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, potato import price decreased by -10.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 39%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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