Romania: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Romania

The Romanian whole fresh milk market amounted to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Whole Fresh Milk Production in Romania

In value terms, whole fresh milk production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 17% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Whole Fresh Milk Exports

Exports from Romania

In 2022, shipments abroad of whole fresh milk increased by 1.5% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2013 with an increase of 221% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, whole fresh milk exports stood at $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 270% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons) was the main destination for whole fresh milk exports from Romania, accounting for a 61% share of total exports. Moreover, whole fresh milk exports to Bulgaria exceeded the volume sent to the second major destination, Greece (X tons), twofold. Moldova (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+16.0% per year) and Moldova (+47.4% per year).

In value terms, Bulgaria ($X) remains the key foreign market for whole fresh milk exports from Romania, comprising 63% of total exports. The second position in the ranking was taken by Greece ($X), with a 27% share of total exports. It was followed by Moldova, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria stood at +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+14.7% per year) and Moldova (+47.3% per year).

Export Prices by Country

In 2022, the average whole fresh milk export price amounted to $X per ton, surging by 1.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 19%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Poland ($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 Bulgaria (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Whole Fresh Milk Imports

Imports into Romania

In 2022, supplies from abroad of whole fresh milk increased by 8.1% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.5% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, whole fresh milk imports soared to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hungary (X tons) constituted the largest whole fresh milk supplier to Romania, accounting for a 82% share of total imports. Moreover, whole fresh milk imports from Hungary exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+4.0% per year) and Poland (+9.2% per year).

In value terms, Hungary ($X) constituted the largest supplier of whole fresh milk to Romania, comprising 78% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+5.7% per year) and Poland (+10.4% per year).

Import Prices by Country

The average whole fresh milk import price stood at $X per ton in 2022, with an increase of 19% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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