Romania - Beef And Veal (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Beef Price in Romania - 2023
Contents:
- Preserved Beef Price in Romania (CIF) - 2023
- Preserved Beef Price in Romania (FOB) - 2022
- Preserved Beef Imports in Romania
- Preserved Beef Exports in Romania
Preserved Beef Price in Romania (CIF) - 2023
In May 2023, the average preserved beef import price amounted to $11,611 per ton, dropping by -5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 30% month-to-month. Over the period under review, average import prices hit record highs at $12,228 per ton in April 2023, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Italy ($20,662 per ton), while the price for Germany totaled $10,800 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.7%).
Preserved Beef Price in Romania (FOB) - 2022
In 2022, the average preserved beef export price amounted to $5,772 per ton, with a decrease of -3% against the previous year. Overall, the export price, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2017 an increase of 261%. The export price peaked at $12,500 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($6,438 per ton), while the average price for exports to Bulgaria ($2,823 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 (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Beef Imports in Romania
In 2022, supplies from abroad of beef and veal (salted, in brine, dried or smoked) decreased by -13.6% to 717 tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 3,238% against the previous year. As a result, imports reached the peak of 939 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved beef imports skyrocketed to $8.6M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,085%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Preserved Beef in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.2 | 4.6 | 6.1 | 7.4 | 233.2% |
Italy | 0.3 | 0.4 | 0.9 | 1.0 | 49.4% |
Poland | N/A | 1.8 | N/A | 0.1 | -76.4% |
Ireland | N/A | N/A | 0.2 | N/A | 0% |
Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
Total | 0.6 | 6.9 | 7.3 | 8.6 | 142.9% |
Top Suppliers of Preserved Beef to Romania in 2022:
- Germany (637.2 tons)
- Italy (48.5 tons)
- Poland (20.9 tons)
- Ireland (0.2 tons)
Preserved Beef Exports in Romania
Preserved beef exports from Romania surged to 53 tons in 2022, picking up by 37% against the year before. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 627%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, preserved beef exports soared to $307K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 448%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
Export of Preserved Beef in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | N/A | 2.3 | 207 | 231 | 902.2% |
Greece | 23.4 | 7.0 | N/A | 56.7 | 34.3% |
Bulgaria | N/A | 0.4 | 0.2 | 6.3 | 296.9% |
Italy | N/A | N/A | N/A | 5.4 | 0% |
Cyprus | 12.7 | 15.8 | 19.7 | 5.1 | -26.2% |
Others | 7.7 | 16.5 | 3.5 | 2.7 | -29.5% |
Total | 43.8 | 42.1 | 231 | 307 | 91.4% |
Top Export Markets for Preserved Beef from Romania in 2022:
- Hungary (35.9 tons)
- Greece (12.4 tons)
- Bulgaria (2.2 tons)
- Italy (1.2 tons)
- Cyprus (0.9 tons)
This report provides an in-depth analysis of the preserved beef 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:
- Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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