Report Update Nov 1, 2024

Romania - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Rice Bran Market 2024

Rice Bran Market Size in Romania

In 2021, after three years of growth, there was significant decline in the Romanian rice bran market, when its value decreased by -31.6% to $X. Overall, consumption showed a noticeable decline. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Rice Bran Production in Romania

In value terms, rice bran production reduced to $X in 2021 estimated in export price. Overall, production recorded a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of 37% against the previous year. Rice bran production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Rice Bran Exports

Exports from Romania

In 2021, shipments abroad of rice bran increased by 329% to X tons, rising for the second consecutive year after five years of decline. Overall, exports, however, showed a significant contraction. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, rice bran exports skyrocketed to $X in 2021. In general, exports, however, saw a deep contraction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bulgaria (X tons), Slovakia (X tons) and Slovenia (X tons) were the main destinations of rice bran exports from Romania, with a combined 94% share of total exports. Moldova lagged somewhat behind, accounting for a further 6.1%.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +996.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X) emerged as the key foreign market for rice bran exports from Romania, comprising 63% of total exports. The second position in the ranking was taken by Slovakia ($X), with an 18% share of total exports. It was followed by Slovenia, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bulgaria amounted to -12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-37.5% per year) and Slovenia (0.0% per year).

Export Prices by Country

The average rice bran export price stood at $X per ton in 2021, waning by -38.7% against the previous year. Overall, the export price, however, enjoyed significant growth. The growth pace was the most rapid in 2018 an increase of 340%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Moldova ($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 Bulgaria (+3.5%), while the prices for the other major destinations experienced a decline.

Rice Bran Imports

Imports into Romania

In 2021, the amount of rice bran imported into Romania fell rapidly to X tons, reducing by -88.5% on the previous year. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 451%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, rice bran imports dropped remarkably to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 200% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Bulgaria (X tons) constituted the largest rice bran supplier to Romania, with a 66% share of total imports. Moreover, rice bran imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Serbia (X tons), fourfold. The third position in this ranking was held by Hungary (X tons), with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Bulgaria amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (-14.3% per year) and Hungary (-9.2% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of rice bran to Romania, comprising 59% of total imports. The second position in the ranking was taken by Poland ($X), with a 9.9% share of total imports. It was followed by Serbia, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Bulgaria stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+62.8% per year) and Serbia (-0.8% per year).

Import Prices by Country

In 2021, the average rice bran import price amounted to $X per ton, growing by 32% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice bran in the world?

The country with the largest volume of rice bran consumption was China, accounting for 21% of total volume. Moreover, rice bran consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of rice bran in the world?

The country with the largest volume of rice bran production was China, accounting for 15% of total volume. Moreover, rice bran production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.3% share.

What are the leading suppliers of rice bran to Romania?

In value terms, Bulgaria constituted the largest supplier of rice bran to Romania, comprising 59% of total imports. The second position in the ranking was occupied by Poland, with a 10% share of total imports. It was followed by Serbia, with a 7.6% share.

What are the leading importers of rice bran from Romania?

In value terms, Bulgaria emerged as the key foreign market for rice bran exports from Romania, comprising 63% of total exports. The second position in the ranking was occupied by Slovakia, with an 18% share of total exports. It was followed by Slovenia, with a 15% share.

What is the average export price for rice bran in Romania?

In 2021, the average rice bran export price amounted to $229 per ton, waning by -96.3% against the previous year.

What is the average import price for rice bran in Romania?

In 2021, the average rice bran import price amounted to $646 per ton, with an increase of 72% against the previous year.

This report provides an in-depth analysis of the rice bran market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023