Report Update: May 1, 2024

Romania - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Baking Powder Price in Romania - 2023

Prepared Baking Powder Price in Romania (FOB) - 2022

In 2022, the average prepared baking powder export price amounted to $3,018 per ton, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 20% against the previous year. The export price peaked at $3,063 per ton in 2021, and then shrank in the following year.

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 the UK ($6,841 per ton), while the average price for exports to Ukraine ($2,015 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 Croatia (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Price in Romania (CIF) - 2022

The average prepared baking powder import price stood at $3,184 per ton in 2022, growing by 5.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 22%. Over the period under review, average import prices reached the peak figure at $3,933 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,334 per ton), while the price for Austria ($2,588 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Baking Powder Exports in Romania

Prepared baking powder exports from Romania skyrocketed to 328 tons in 2022, rising by 54% against 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared baking powder exports surged to $990K in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 73%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Prepared Baking Powder in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	93.8	288	153	229	34.7%
Moldova	133	199	156	198	14.2%
Bulgaria	142	121	129	167	5.6%
Croatia	N/A	N/A	33.1	153	362.2%
Serbia	N/A	N/A	18.7	61.2	227.3%
United Kingdom	12.6	29.8	48.5	58.1	66.4%
Slovenia	N/A	N/A	6.3	29.8	373.0%
Italy	18.1	25.0	21.5	18.9	1.5%
Others	24.2	70.4	87.0	76.4	46.7%
Total	424	733	652	990	32.7%

Top Export Markets for Prepared Baking Powder from Romania in 2022:

Ukraine (113.6 tons)
Bulgaria (70.3 tons)
Croatia (50.0 tons)
Moldova (45.6 tons)
Serbia (18.7 tons)
Slovenia (10.2 tons)
United Kingdom (8.5 tons)
Italy (3.9 tons)

Prepared Baking Powder Imports in Romania

For the fourth consecutive year, Romania recorded growth in supplies from abroad of prepared baking powders, which increased by 13% to 108 tons in 2022. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, prepared baking powder imports surged to $344K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 39%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Prepared Baking Powder in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	40.3	34.4	52.9	103	36.7%
Germany	72.9	143	105	56.0	-8.4%
Austria	2.7	3.1	23.0	38.9	143.3%
Turkey	18.8	16.2	24.2	36.9	25.2%
Hungary	20.9	15.3	11.7	28.9	11.4%
Poland	16.6	22.1	32.5	28.8	20.2%
Slovakia	N/A	5.8	16.8	24.4	105.1%
Czech Republic	6.4	6.3	0.8	0.1	-75.0%
Others	13.7	20.5	20.8	26.9	25.2%
Total	192	266	288	344	21.5%

Top Suppliers of Prepared Baking Powder to Romania in 2022:

Czech Republic (undefined tons)
Sweden (37.8 tons)
Austria (15.0 tons)
Turkey (13.9 tons)
Germany (12.9 tons)
Poland (8.8 tons)
Slovakia (7.8 tons)
Hungary (6.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023