Romania: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Romania

The Romanian market for processed cheese (excluding grated or powdered) stood at $X in 2020, approximately mirroring the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in Romania

In value terms, production of processed cheese (excluding grated or powdered) reduced modestly to $X in 2020 estimated in export prices. Overall, production continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Exports of Processed cheese (excluding grated or powdered)

Exports from Romania

In 2020, overseas shipments of processed cheese (excluding grated or powdered) increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports, however, saw a slight reduction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, exports reached the peak of X tons. From 2016 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) declined to $X in 2020. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then declined modestly in the following year.

Exports by Country

Bulgaria (X tons), Serbia (X tons) and Moldova (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Romania, together comprising X% of total exports. These countries were followed by Spain, Greece, the UK, Libya and the U.S., which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for processed cheese (excluding grated or powdered) exported from Romania were Bulgaria ($X), Moldova ($X) and Serbia ($X), together accounting for X% of total exports. These countries were followed by Spain, the UK, Greece, the U.S. and Libya, which together accounted for a further X the main countries of destination, Spain (+X% per year) saw the highest rates of growth with regard to 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

In 2020, the average export price for processed cheese (excluding grated or powdered) amounted to $X per ton, falling by -X% against the previous year. In general, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per ton in 2019, and then fell modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the UK ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Romania

After two years of decline, supplies from abroad of processed cheese (excluding grated or powdered) increased by X% to X tons in 2020. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) stood at $X in 2020. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tons), Hungary (X tons) and Poland (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Romania, together accounting for X% of total imports. Austria and Slovakia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Romania, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $X per ton, which is down by -X% against the previous year. In general, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Slovakia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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