Romania: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Romania

In 2021, the Romanian sweet biscuit market increased by 11% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.0% against 2019 indices. Sweet biscuit consumption peaked in 2021 and is likely to see steady growth in the near future.

Sweet Biscuit Production in Romania

In value terms, sweet biscuit production stood at $X in 2021 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.2% against 2015 indices. The pace of growth appeared the most rapid in 2014 with an increase of 68%. Sweet biscuit production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Sweet Biscuit Exports

Exports from Romania

In 2021, sweet biscuit exports from Romania expanded sharply to X tons, increasing by 12% on 2020 figures. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 70% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, sweet biscuit exports skyrocketed to $X in 2021. In general, exports showed buoyant growth. The growth pace was the most rapid in 2016 with an increase of 50%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Poland (X tons) and Bulgaria (X tons) were the main destinations of sweet biscuit exports from Romania, with a combined 34% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +67.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for sweet biscuits exports from Romania, comprising 23% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an 8% share of total exports. It was followed by Germany, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +76.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+15.2% per year) and Germany (+6.5% per year).

Export Prices by Country

In 2021, the average sweet biscuit export price amounted to $X per ton, picking up by 16% against the previous year. Overall, the export price 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 stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Kosovo ($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 Kosovo (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into Romania

In 2021, the amount of sweet biscuits imported into Romania amounted to X tons, picking up by 3.1% compared with the year before. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +36.2% against 2013 indices. The growth pace was the most rapid in 2013 with an increase of 37%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, sweet biscuit imports rose remarkably to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.7% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 44% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Poland (X tons), Moldova (X tons) and the Czech Republic (X tons) were the main suppliers of sweet biscuit imports to Romania, with a combined 45% share of total imports. Germany, Turkey, Ukraine, Italy and Spain lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +27.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit suppliers to Romania were Poland ($X), Germany ($X) and the Czech Republic ($X), with a combined 45% share of total imports. These countries were followed by Italy, Moldova, Ukraine, Turkey and Spain, which together accounted for a further 36%.

Among the main suppliers, Ukraine, with a CAGR of +37.7%, 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

In 2021, the average sweet biscuit import price amounted to $X per ton, picking up by 9.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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