Romania: Spice Market 2025

Spice Market Size in Romania

For the sixth consecutive year, the Romanian spice market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Spice Production in Romania

In value terms, spice production declined slightly to $X in 2022 estimated in export price. Overall, the total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of spices in Romania shrank slightly to X kg per ha, stabilizing at 2021 figures. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The spice yield peaked at X kg per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The spice harvested area in Romania was estimated at X ha in 2022, approximately reflecting 2021 figures. In general, the harvested area recorded a slight increase. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2021 to 2022, the growth of the spice harvested area failed to regain momentum.

Spice Exports

Exports from Romania

In 2022, approx. X tons of spices were exported from Romania; remaining relatively unchanged against 2021. Overall, total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, spice exports reduced dramatically to $X in 2022. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped notably in the following year.

Exports by Country

Germany (X tons) was the main destination for spice exports from Romania, accounting for a X% share of total exports. Moreover, spice exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and France (X% per year).

In value terms, Germany ($X), Poland ($X) and Italy ($X) appeared to be the largest markets for spice exported from Romania worldwide, with a combined X% share of total exports. France, the UK, Spain, Hungary, the Czech Republic, Greece, Turkey, Croatia, Bulgaria and Thailand lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Greece, with a CAGR of X%, saw the highest growth rate of 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

The average spice export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then fell dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spice Imports

Imports into Romania

In 2022, overseas purchases of spices increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, spice imports declined to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Bulgaria (X tons), Germany (X tons) and China (X tons) were the main suppliers of spice imports to Romania, together comprising X% of total imports. Brazil, Poland, Hungary, Latvia, the Netherlands, Spain, Vietnam, the Czech Republic, Austria and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest spice suppliers to Romania were Germany ($X), Poland ($X) and Brazil ($X), with a combined X% share of total imports. China, Hungary, Latvia, Bulgaria, Austria, the Czech Republic, the Netherlands, Spain, Turkey and Vietnam lagged somewhat behind, together comprising a further X%.

Latvia, with a CAGR of X%, recorded the highest growth rate of 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

The average spice import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price recorded a slight descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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