Price for Flour, Meal, and Flakes of Potatoes in Romania - 2023
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in Romania (CIF) - 2023
- Price for Flour, Meal, and Flakes of Potatoes in Romania (FOB) - 2022
- Imports of Flour, Meal, and Flakes of Potatoes in Romania
- Exports of Flour, Meal, and Flakes of Potatoes in Romania
Price for Flour, Meal, and Flakes of Potatoes in Romania (CIF) - 2023
The average import price for flour, meal, and flakes of potatoeses stood at $1,795 per ton in September 2023, increasing by 13% against the previous month. In general, the import price, however, recorded a mild decline. Over the period under review, average import prices hit record highs at $1,979 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($1,828 per ton), while the price for Russia stood at $1,525 per ton.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Flour, Meal, and Flakes of Potatoes in Romania (FOB) - 2022
In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $985 per ton, shrinking by -23.3% against the previous year. In general, the export price saw a drastic downturn. The growth pace was the most rapid in 2015 an increase of 64% against the previous year. Over the period under review, the average export prices hit record highs at $3,206 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,278 per ton), while the average price for exports to Spain ($749 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 Belgium (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flour, Meal, and Flakes of Potatoes in Romania
For the fourth consecutive year, Romania recorded growth in overseas purchases of flour, meal, and flakes of potatoeses, which increased by 31% to 10K tons in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of flour, meal, and flakes of potatoeses surged to $14M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Flour, Meal, and Flakes of Potatoes in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.0 | 1.0 | 4.5 | 7.0 | 91.3% |
| Poland | 1.1 | 1.8 | 1.4 | 1.9 | 20.0% |
| Germany | 0.1 | 0.5 | 0.7 | 1.8 | 162.1% |
| Hungary | 0.5 | 0.7 | 0.9 | 1.3 | 37.5% |
| Belgium | 1.1 | 1.4 | 1.1 | 1.0 | -3.1% |
| Russia | 0.5 | 0.4 | 0.1 | N/A | -55.3% |
| Belarus | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | 0.1 | 0.4 | 0.6 | 0.8 | 100.0% |
| Total | 4.9 | 6.4 | 9.3 | 13.8 | 41.2% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to Romania in 2022:
- Netherlands (4.4K tons)
- Hungary (2.5K tons)
- Poland (1.3K tons)
- Germany (1.0K tons)
- Belgium (0.6K tons)
Exports of Flour, Meal, and Flakes of Potatoes in Romania
Exports of flour, meal, and flakes of potatoeses from Romania totaled 135 tons in 2022, almost unchanged from 2021 figures. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, the exports reached the peak of 199 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of flour, meal, and flakes of potatoeses contracted markedly to $133K in 2022. In general, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of $198K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Flour, Meal, and Flakes of Potatoes in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.0 | 69.3 | 71.5 | 74.6 | 234.1% |
| United Kingdom | 69.0 | 56.9 | 18.0 | 20.8 | -32.9% |
| Italy | 8.2 | 4.4 | 6.4 | 20.3 | 35.3% |
| Germany | N/A | 1.0 | 1.2 | 4.7 | 116.8% |
| Hungary | 11.0 | 6.9 | 4.3 | 2.7 | -37.4% |
| Belgium | 2.7 | 5.5 | 4.4 | 2.5 | -2.5% |
| Bulgaria | 28.1 | 4.2 | N/A | 1.9 | -59.3% |
| France | 0.3 | 43.0 | 37.5 | 0.1 | -30.7% |
| Others | 3.2 | 6.8 | 30.4 | 5.6 | 20.5% |
| Total | 124 | 198 | 174 | 133 | 2.4% |
Top Export Markets for Flour, Meal, and Flakes of Potatoes from Romania in 2022:
- Spain (99.6 tons)
- Italy (14.3 tons)
- United Kingdom (9.1 tons)
- Germany (4.7 tons)
- Belgium (3.0 tons)
- Hungary (1.5 tons)
- Bulgaria (1.0 tons)
- France (0.1 tons)
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