Romania: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Romania

In 2022, after two years of growth, there was decline in the Romanian wine of fresh grapes market, when its value decreased by -3.5% to $X. Over the period under review, consumption continues to indicate a abrupt setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Romania

In value terms, wine of fresh grapes production declined to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of 75% 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.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Romania

In 2022, exports of wine of fresh grapes (except sparkling wine) from Romania rose slightly to X litres, picking up by 3.6% on 2021. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs at X litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports fell to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +5.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

The Netherlands (X litres), Germany (X litres) and the UK (X litres) were the main destinations of wine of fresh grapes exports from Romania, together comprising 69% of total exports. Estonia, the United States, Italy, Spain, Norway, Belgium, China, Canada, the Czech Republic and Poland lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +62.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wine of fresh grapes exported from Romania were the Netherlands ($X), Germany ($X) and the UK ($X), together accounting for 63% of total exports. Italy, the United States, Spain, China, Estonia, Belgium, Canada, Norway, the Czech Republic and Poland lagged somewhat behind, together comprising a further 23%.

In terms of the main countries of destination, Norway, with a CAGR of +56.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wine of fresh grapes export price stood at $X per litre in 2022, which is down by -10.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices hit record highs at $X per litre in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per litre), while the average price for exports to Estonia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Romania

After two years of growth, purchases abroad of wine of fresh grapes (except sparkling wine) decreased by -3.7% to X litres in 2022. In general, imports showed a mild setback. The pace of growth appeared the most rapid in 2015 with an increase of 50% against the previous year. Over the period under review, imports hit record highs at X litres in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wine of fresh grapes imports stood at $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X litres), Moldova (X litres) and Hungary (X litres) were the main suppliers of wine of fresh grapes imports to Romania, with a combined 75% share of total imports. Italy, Ukraine, Germany, France, Bulgaria and North Macedonia lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +457.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wine of fresh grapes suppliers to Romania were Moldova ($X), Italy ($X) and Spain ($X), together comprising 69% of total imports. France, Hungary, Germany, Ukraine, Bulgaria and North Macedonia lagged somewhat behind, together comprising a further 22%.

In terms of the main suppliers, Ukraine, with a CAGR of +348.1%, 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

The average wine of fresh grapes import price stood at $X per litre in 2022, picking up by 13% against the previous year. Over the period under review, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was North Macedonia ($X per litre), while the price for Ukraine ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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