Romania: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Romania

The Romanian pasta and couscous market expanded modestly to $X in 2022, surging by 3.1% against the previous year. Over the period under review, consumption, however, saw strong growth. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Pasta And Couscous Production in Romania

In value terms, pasta and couscous production rose markedly to $X in 2022 estimated in export price. In general, production, however, showed a strong expansion. The growth pace was the most rapid in 2016 with an increase of 50% against the previous year. Pasta and couscous production peaked in 2022 and is likely to see steady growth in the near future.

Pasta And Couscous Exports

Exports from Romania

In 2022, overseas shipments of stuffed pasta and couscous increased by 4.6% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 376% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, pasta and couscous exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 437% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons) was the main destination for pasta and couscous exports from Romania, accounting for a 60% share of total exports. Moreover, pasta and couscous exports to the UK exceeded the volume sent to the second major destination, Germany (X tons), sixfold. France (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +91.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.8% per year) and France (+172.9% per year).

In value terms, the UK ($X) remains the key foreign market for stuffed pasta and couscous exports from Romania, comprising 62% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports. It was followed by France, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +100.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+47.9% per year) and France (+185.8% per year).

Export Prices by Country

The average pasta and couscous export price stood at $X per ton in 2022, growing by 17% against the previous year. Over the period under review, the export price continues to indicate strong growth. The growth pace was the most rapid in 2021 when the average export price increased by 55%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Bulgaria ($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 Denmark (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Romania

In 2022, after seven years of growth, there was significant decline in overseas purchases of stuffed pasta and couscous, when their volume decreased by -5.5% to X tons. Overall, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 25% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, pasta and couscous imports rose markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X tons), Germany (X tons) and Ukraine (X tons) were the main suppliers of pasta and couscous imports to Romania, with a combined 47% share of total imports. Italy, Hungary, Belgium, the Czech Republic, Serbia, Poland, Croatia, China, France and the Netherlands lagged somewhat behind, together comprising a further 51%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +143.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta and couscous suppliers to Romania were Austria ($X), Italy ($X) and Germany ($X), together comprising 49% of total imports. Ukraine, Belgium, Hungary, the Czech Republic, Poland, Croatia, Serbia, the Netherlands, China and France lagged somewhat behind, together accounting for a further 49%.

Among the main suppliers, Croatia, with a CAGR of +186.4%, recorded the highest rates of growth with regard to 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

In 2022, the average pasta and couscous import price amounted to $X per ton, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2021 an increase of 14%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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