Report Update Nov 1, 2024

Romania - Sugars, Sugar Ethers and Salts - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Sugars Market 2024

Sugars Market Size in Romania

In 2021, after two years of decline, there was significant growth in the Romanian sugars market, when its value increased by 59% to $X. In general, consumption enjoyed a prominent expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Sugars Exports

Exports from Romania

In 2021, shipments abroad of sugars, sugar ethers and salts decreased by -27% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 1,281% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sugars exports skyrocketed to $X in 2021. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 1,671%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Bulgaria (X kg), Moldova (X kg) and Poland (X kg) were the main destinations of sugars exports from Romania, with a combined 90% share of total exports.

From 2016 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +62.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sugars exported from Romania were Poland ($X), Bulgaria ($X) and Moldova ($X), with a combined 85% share of total exports.

In terms of the main countries of destination, Moldova, with a CAGR of +68.0%, recorded the highest rates of growth with regard to 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

In 2021, the average sugars export price amounted to $X per ton, picking up by 124% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+108.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sugars Imports

Imports into Romania

Sugars imports into Romania skyrocketed to X tons in 2021, growing by 34% on 2020 figures. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 97%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sugars imports soared to $X in 2021. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2018 with an increase of 281%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of sugars imports to Romania, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +591.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of sugars, sugar ethers and salts to Romania, comprising 50% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 24% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +180.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+462.0% per year) and Germany (+7.8% per year).

Import Prices by Country

In 2021, the average sugars import price amounted to $X per ton, growing by 57% against the previous year. In general, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 159%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 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 the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 41% share of global consumption. Japan, Brazil, Spain, Germany, Switzerland, Indonesia, Poland, Russia, the Philippines and South Korea lagged somewhat behind, together comprising a further 29%.

What are the largest producers of sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 49% share of global production. Thailand, India, Indonesia, France, Austria, Brazil, South Africa, the Philippines and the UK lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of sugars, sugar ethers and salts to Romania?

In value terms, the United States constituted the largest supplier of sugars to Romania, comprising 50% of total imports. The second position in the ranking was occupied by the Czech Republic, with a 24% share of total imports. It was followed by Germany, with a 17% share.

What are the leading importers of sugars, sugar ethers and salts from Romania?

In value terms, the largest markets for sugars exported from Romania were Poland, Bulgaria and Moldova, together accounting for 85% of total exports.

What is the average export price for sugars, sugar ethers and salts in Romania?

In 2021, the average sugars export price amounted to $6,837 per ton, growing by 106% against the previous year.

What is the average import price for sugars, sugar ethers and salts in Romania?

The average sugars import price stood at $4,202 per ton in 2021, surging by 26% against the previous year.

This report provides an in-depth analysis of the sugars market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023