Romania: Skim Milk Market 2024

Skim Milk Market Size in Romania

The Romanian skim milk market expanded rapidly to $X in 2021, increasing by 7.1% against the previous year. Over the period under review, consumption continues to indicate a resilient expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Skim Milk Production in Romania

In value terms, skim milk production surged to $X in 2021 estimated in export price. In general, production continues to indicate pronounced growth. The growth pace was the most rapid in 2019 with an increase of 125%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Skim Milk Exports

Exports from Romania

In 2021, overseas shipments of skim milk increased by 15% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 4,440% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, skim milk exports soared to $X in 2021. Overall, exports showed significant growth. The growth pace was the most rapid in 2013 with an increase of 4,192% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Moldova (X tons) was the main destination for skim milk exports from Romania, accounting for a 81% share of total exports. Moreover, skim milk exports to Moldova exceeded the volume sent to the second major destination, Greece (X tons), sixfold. Cyprus (X tons) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume to Moldova totaled +77.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+109.0% per year) and Cyprus (+77.9% per year).

In value terms, Moldova ($X) remains the key foreign market for skim milk exports from Romania, comprising 55% of total exports. The second position in the ranking was taken by Greece ($X), with a 27% share of total exports. It was followed by Cyprus, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Moldova amounted to +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+119.2% per year) and Cyprus (+70.9% per year).

Export Prices by Country

The average skim milk export price stood at $X per ton in 2021, surging by 34% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 45%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Poland ($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 the Netherlands (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Skim Milk Imports

Imports into Romania

In 2021, overseas purchases of skim milk increased by 24% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 187% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, skim milk imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 236% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Hungary (X tons), Poland (X tons) and Slovakia (X tons) were the main suppliers of skim milk imports to Romania, together accounting for 85% of total imports. The Netherlands, Germany, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +53.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest skim milk suppliers to Romania were Poland ($X), Hungary ($X) and Slovakia ($X), with a combined 83% share of total imports. These countries were followed by the Netherlands, Germany, Austria and the Czech Republic, which together accounted for a further 14%.

Among the main suppliers, the Netherlands, with a CAGR of +39.1%, saw 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 skim milk import price stood at $X per ton in 2021, which is down by -7.1% against the previous year. In general, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2019 an increase of 38%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 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 Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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