Romania: Dry Peas Market 2024

Dry Peas Market Size in Romania

The Romanian dry peas market surged to $X in 2023, rising by X% against the previous year. Over the period under review, consumption recorded a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Dry Peas Production in Romania

In value terms, dry peas production expanded markedly to $X in 2023 estimated in export price. Over the period under review, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

The average yield of peas (dry) in Romania surged to X tons per ha in 2023, increasing by X% against the previous year. Overall, the yield indicated a modest increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas yield increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. Over the period under review, the average dry peas yield attained the maximum level at X tons per ha in 2017; however, from 2018 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of peas (dry) were harvested in Romania; increasing by X% on 2022. Over the period under review, the harvested area showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The dry peas harvested area peaked at X ha in 2018; however, from 2019 to 2023, the harvested area remained at a lower figure.

Dry Peas Exports

Exports from Romania

After two years of growth, shipments abroad of peas (dry) decreased by X% to X tons in 2023. In general, exports, however, saw a temperate increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, dry peas exports shrank sharply to $X in 2023. Over the period under review, exports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and Austria (X tons) were the main destinations of dry peas exports from Romania, together accounting for X% of total exports. Hungary, Serbia, Moldova and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Serbia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) appeared to be the largest markets for dry peas exported from Romania worldwide, together accounting for X% of total exports. Hungary, Serbia, Moldova and Spain lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Serbia, with a CAGR of X%, saw 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

In 2023, the average dry peas export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Romania

In 2023, supplies from abroad of peas (dry) increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, dry peas imports skyrocketed to $X in 2023. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Moldova (X tons), Ukraine (X tons) and the Czech Republic (X tons) were the main suppliers of dry peas imports to Romania, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dry peas suppliers to Romania were the Czech Republic ($X), Moldova ($X) and Hungary ($X), with a combined X% share of total imports. Austria, Germany, Ukraine, France, Poland, Italy and Bulgaria lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dry peas import price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform