Romania: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Romania

In 2021, the Romanian preserved swine meat cut market decreased by -8.9% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a pronounced setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Romania

In value terms, preserved swine meat cut production declined to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 45%. Preserved swine meat cut production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Romania

For the fourth consecutive year, Romania recorded growth in shipments abroad of prepared or preserved shoulders and cuts of swine meat, which increased by 0.7% to X tons in 2021. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 114% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, preserved swine meat cut exports reached $X in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 146% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main destinations of preserved swine meat cut exports from Romania, with a combined 57% share of total exports. Bulgaria, Belgium, France, Cyprus and the UK lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +113.6%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Romania, comprising 34% of total exports. The second position in the ranking was taken by Spain ($X), with a 15% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +28.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+55.8% per year) and Germany (+38.5% per year).

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2021, standing approx. at the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 49%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Bulgaria ($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 Italy (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Romania

In 2021, supplies from abroad of prepared or preserved shoulders and cuts of swine meat decreased by -14% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 2,984%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved swine meat cut imports soared to $X in 2021. In general, imports, however, saw buoyant growth. The growth pace was the most rapid in 2014 with an increase of 1,718%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Hungary (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of preserved swine meat cut imports to Romania, together comprising 54% of total imports. These countries were followed by Poland, Spain, Belgium and Italy, which together accounted for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +33.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and Hungary ($X) appeared to be the largest preserved swine meat cut suppliers to Romania, together comprising 63% of total imports.

Hungary, with a CAGR of +31.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 swine meat cut import price amounted to $X per ton, with an increase of 40% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 51% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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