Romania: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Romania

After four years of growth, the Romanian market for starch other than wheat, corn or potato decreased by -X% to $X in 2021. Over the period under review, consumption, however, posted buoyant growth. Consumption of peaked at $X in 2020, and then shrank in the following year.

Production of Starch other than Wheat, Corn or Potato in Romania

In value terms, production of starch other than wheat, corn or potato fell to $X in 2021 estimated in export price. Overall, production, however, posted a strong expansion. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020, and then declined in the following year.

Exports of Starch other than Wheat, Corn or Potato

Exports from Romania

After four years of growth, shipments abroad of starch other than wheat, corn or potato decreased by -X% to X kg in 2021. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at X tons in 2020, and then contracted rapidly in the following year.

In value terms, exports of starch other than wheat, corn or potato reduced remarkably to $X in 2021. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2020, and then fell dramatically in the following year.

Exports by Country

The UK (X kg), Moldova (X kg) and the Czech Republic (X kg) were the main destinations of exports of starch other than wheat, corn or potato from Romania, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, the UK ($X), Moldova ($X) and the Czech Republic ($X) constituted the largest markets for starch other than wheat, corn or potato exported from Romania worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +X%, 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 a decline.

Export Prices by Country

The average export price for starch other than wheat, corn or potato stood at $X per ton in 2021, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Moldova ($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 the Czech Republic (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Starch other than Wheat, Corn or Potato

Imports into Romania

Imports of starch other than wheat, corn or potato into Romania rose sharply to X tons in 2021, surging by X% against the previous year. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of starch other than wheat, corn or potato surged to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Romania, together comprising X% of total imports. Germany, Austria and Hungary lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Austria (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest starch other than wheat, corn or potato suppliers to Romania were Belgium ($X), Italy ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, Italy, with a CAGR of +X%, recorded 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 import price for starch other than wheat, corn or potato stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the import price recorded a buoyant increase. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

Source: IndexBox Platform

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