Romania: Wheat Bran Market 2024

Wheat Bran Market Size in Romania

For the third consecutive year, the Romanian wheat bran market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wheat Bran Production in Romania

In value terms, wheat bran production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Wheat Bran Exports

Exports from Romania

In 2022, overseas shipments of wheat bran increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheat bran exports soared to $X in 2022. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Qatar (X tons) was the main destination for wheat bran exports from Romania, accounting for a X% share of total exports. Moreover, wheat bran exports to Qatar exceeded the volume sent to the second major destination, Bulgaria (X tons), sixfold. The third position in this ranking was held by Greece (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Greece (X% per year).

In value terms, Qatar ($X) remains the key foreign market for wheat bran exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Greece (X% per year).

Export Prices by Country

In 2022, the average wheat bran export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price posted a tangible expansion. The pace of growth was the most pronounced in 2019 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

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

Wheat Bran Imports

Imports into Romania

In 2022, supplies from abroad of wheat bran increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Overall, imports saw prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, wheat bran imports surged to $X in 2022. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Hungary (X tons), Moldova (X tons) and Ukraine (X tons) were the main suppliers of wheat bran imports to Romania, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Moldova ($X) and Ukraine ($X) appeared to be the largest wheat bran suppliers to Romania, together accounting for X% of total imports.

In terms of the main suppliers, Ukraine, with a CAGR of X%, saw 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

The average wheat bran import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then contracted remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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