Report Update Nov 1, 2024

Romania - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Romania: Sweet Potato Market 2024

Sweet Potato Market Size in Romania

The Romanian sweet potato market surged to $X in 2021, increasing by 40% against the previous year. In general, consumption continues to indicate significant growth. Sweet potato consumption peaked in 2021 and is expected to retain growth in years to come.

Sweet Potato Production in Romania

In value terms, sweet potato production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 16% against the previous year. Sweet potato production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

The average yield of sweet potatoes in Romania was estimated at less than X kg per ha in 2021, remaining relatively unchanged against the year before. In general, 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 2021, the sweet potato harvested area in Romania was estimated at less than X ha, approximately equating 2020. In general, the harvested area saw a relatively flat trend pattern.

Sweet Potato Exports

Exports from Romania

Sweet potato exports from Romania dropped rapidly to X kg in 2020, with a decrease of -59.8% on the previous year's figure. Overall, exports recorded a sharp curtailment. Over the period under review, the exports attained the peak figure at X tons in 2019, and then dropped significantly in the following year.

In value terms, sweet potato exports fell sharply to $X in 2020. In general, exports continue to indicate a precipitous setback. The exports peaked at $X in 2019, and then declined markedly in the following year.

Exports by Country

Moldova (X kg) was the main destination for sweet potato exports from Romania, with a 100% share of total exports. Moreover, sweet potato exports to Moldova exceeded the volume sent to the second major destination, Italy (X kg), sevenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Moldova amounted to +13,342.9%.

In value terms, the largest markets for sweet potato exported from Romania were Moldova ($X) and Italy ($X).

Moldova, with a CAGR of +1,867.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2020, with an increase of 21% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Moldova amounted to $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+70.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into Romania

In 2021, sweet potato imports into Romania skyrocketed to X tons, picking up by 40% on the previous year's figure. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 173% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, sweet potato imports soared to $X in 2021. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2014 when imports increased by 244% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Egypt (X tons) and the United States (X tons) were the main suppliers of sweet potato imports to Romania, together comprising 96% of total imports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +179.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of sweet potatoes to Romania, comprising 64% of total imports. The second position in the ranking was held by Egypt ($X), with an 18% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +77.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+151.9% per year) and the United States (+70.5% per year).

Import Prices by Country

In 2021, the average sweet potato import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price posted significant growth. The growth pace was the most rapid in 2013 when the average import price increased by 671%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+18.0%), 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 sweet potatoes in the world?

China remains the largest sweet potato consuming country worldwide, comprising approx. 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi, eightfold. The third position in this ranking was occupied by Tanzania, with a 4.6% share.

What are the largest producers of sweet potatoes in the world?

China remains the largest sweet potato producing country worldwide, comprising approx. 56% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi, eightfold. Tanzania ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of sweet potatoes to Romania?

In value terms, Germany constituted the largest supplier of sweet potato to Romania, comprising 64% of total imports. The second position in the ranking was occupied by Egypt, with an 18% share of total imports. It was followed by the United States, with an 11% share.

What are the leading importers of sweet potatoes from Romania?

In value terms, Moldova $787) and Italy $503) were the largest markets for sweet potato exported from Romania worldwide.

What is the average export price for sweet potatoes in Romania?

In 2020, the average sweet potato export price amounted to $883 per ton, shrinking by -39.8% against the previous year.

What is the average import price for sweet potatoes in Romania?

The average sweet potato import price stood at $1,096 per ton in 2021, falling by -23.2% against the previous year.

This report provides an in-depth analysis of the sweet potato 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:

FCL 122 - Sweet potatoes

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023