Romania: Mustard Seed Market 2024

Mustard Seed Market Size in Romania

In 2022, the Romanian mustard seed market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mustard Seed Production in Romania

In value terms, mustard seed production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Mustard seed production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average mustard seed yield in Romania rose slightly to X tons per ha, growing by X% on 2021. Over the period under review, the yield saw a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the average mustard seed yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of mustard seed production in Romania shrank slightly to X ha, falling by X% against the previous year. Over the period under review, the harvested area showed a abrupt descent. The growth pace was the most rapid in 2014 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2015 to 2022, the growth of the mustard seed harvested area failed to regain momentum.

Mustard Seed Exports

Exports from Romania

After three years of growth, shipments abroad of mustard seed decreased by X% to X tons in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, mustard seed exports contracted dramatically to $X in 2022. In general, exports showed a slight descent. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and Austria (X tons) were the main destinations of mustard seed exports from Romania, together comprising X% of total exports. Belgium, Hungary, Moldova and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), Germany ($X) and Austria ($X) constituted the largest markets for mustard seed exported from Romania worldwide, with a combined X% share of total exports. Belgium, Moldova, Hungary and the Netherlands lagged somewhat behind, together accounting for a further X%.

Moldova, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mustard seed export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mustard seed export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Austria ($X 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 Moldova (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mustard Seed Imports

Imports into Romania

In 2022, the amount of mustard seed imported into Romania surged to X tons, jumping by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, mustard seed imports soared to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Moldova (X tons) and Poland (X tons) were the main suppliers of mustard seed imports to Romania, with a combined X% share of total imports. Ukraine, France, Kazakhstan and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, Moldova ($X), Russia ($X) and Poland ($X) were the largest mustard seed suppliers to Romania, together comprising X% of total imports. Ukraine, France, Germany and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Kazakhstan, with a CAGR of X%, 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 mustard seed import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mustard seed import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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