Romania: Sausage Market 2024

Sausage Market Size in Romania

After three years of growth, the Romanian sausage market decreased by -2.4% to $X in 2021. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sausage consumption peaked at $X in 2020, and then dropped modestly in the following year.

Sausage Production in Romania

In value terms, sausage production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by 16%. Sausage production peaked at $X in 2020, and then declined modestly in the following year.

Sausage Exports

Exports from Romania

After nine years of growth, shipments abroad of sausages and similar products of meat decreased by -1.3% to X tons in 2021. In general, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by 21%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then declined modestly in the following year.

In value terms, sausage exports stood at $X in 2021. Overall, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 28%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The UK (X tons), Italy (X tons) and Spain (X tons) were the main destinations of sausage exports from Romania, together comprising 60% of total exports. These countries were followed by France, Germany, Belgium and Serbia, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +58.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sausage exported from Romania were the UK ($X), Italy ($X) and Spain ($X), together accounting for 60% of total exports. These countries were followed by France, Germany, Belgium and Serbia, which together accounted for a further 31%.

Serbia, with a CAGR of +45.2%, saw the highest rates of growth with regard to 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 sausage export price stood at $X per ton in 2021, growing by 2.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 when the average export price increased by 25%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Serbia ($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 Germany (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Romania

For the fifth year in a row, Romania recorded growth in supplies from abroad of sausages and similar products of meat, which increased by 13% to X tons in 2021. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 32% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, sausage imports soared to $X in 2021. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of sausage imports to Romania, with a combined 61% share of total imports. These countries were followed by Slovenia, Italy, Spain, Greece, the Czech Republic and Bulgaria, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +109.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sausage suppliers to Romania were Germany ($X), Poland ($X) and Hungary ($X), with a combined 59% share of total imports. These countries were followed by Italy, Spain, Slovenia, the Czech Republic, Greece and Bulgaria, which together accounted for a further 33%.

Greece, with a CAGR of +103.8%, saw the highest growth rate of the value of imports, among 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 sausage import price amounted to $X per ton, rising by 9.3% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2014 an increase of 22%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Slovenia ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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