Romania: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Romania

For the seventh year in a row, the Romanian preserved sweet corn market recorded growth in sales value, which increased by 6.5% to $X in 2022. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Preserved Sweet Corn Production in Romania

In value terms, preserved sweet corn production reduced markedly to $X in 2022 estimated in export price. In general, production, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 143% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then fell remarkably in the following year.

The average yield of sweet corn prepared or preserved in Romania was estimated at less than X kg per ha in 2022, remaining relatively unchanged against the year before. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the preserved sweet corn harvested area in Romania stood at less than X ha, standing approx. at the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Preserved Sweet Corn Exports

Exports from Romania

In 2022, exports of sweet corn prepared or preserved from Romania rose notably to X tons, picking up by 11% compared with the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,443%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, preserved sweet corn exports skyrocketed to $X in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 1,547% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons) was the main destination for preserved sweet corn exports from Romania, with a 40% share of total exports. Moreover, preserved sweet corn exports to Italy exceeded the volume sent to the second major destination, Hungary (X tons), twofold. The third position in this ranking was held by Moldova (X tons), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to +88.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+60.9% per year) and Moldova (+35.8% per year).

In value terms, Italy ($X) emerged as the key foreign market for sweet corn prepared or preserved exports from Romania, comprising 35% of total exports. The second position in the ranking was taken by Hungary ($X), with a 16% share of total exports. It was followed by Moldova, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +101.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+68.4% per year) and Moldova (+38.9% per year).

Export Prices by Country

In 2022, the average preserved sweet corn export price amounted to $X per ton, surging by 6.9% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved sweet corn export price increased by +77.7% against 2018 indices. The growth pace was the most rapid in 2020 when the average export price increased by 27%. The export price peaked in 2022 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 the UK ($X per ton), while the average price for exports to Spain ($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 Italy (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into Romania

Preserved sweet corn imports into Romania expanded markedly to X tons in 2022, surging by 7.6% on the year before. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, preserved sweet corn imports stood at $X in 2022. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Hungary (X tons) constituted the largest preserved sweet corn supplier to Romania, with a 56% share of total imports. Moreover, preserved sweet corn imports from Hungary exceeded the figures recorded by the second-largest supplier, Moldova (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+36.8% per year) and Germany (+11.4% per year).

In value terms, Hungary ($X) constituted the largest supplier of sweet corn prepared or preserved to Romania, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Moldova, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.2% per year) and Moldova (+41.0% per year).

Import Prices by Country

In 2022, the average preserved sweet corn import price amounted to $X per ton, approximately equating the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Poland ($X per ton), while the price for Moldova ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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