Prepared or preserved groundnuts market in Romania

Earlier Report Observations

From 2018 to 2024, production of prepared or preserved groundnuts in Romania more than doubled, reaching 5 904 t. This sustained growth was primarily driven by an increasing number of small-scale and experimental cultivators, with their count surpassing 200 by 2021. The peanut crop was promoted as a profitable niche opportunity with low competition, suitable for expansion on the country's extensive sandy soils, which encouraged new entrants and area cultivation.

The physical market volume grew from 8 283 t to 11 571 t over the period, peaking at 11 062 t in 2022. After a decline in 2020, the market recovered and continued its upward trajectory, supported by rising domestic output. In value terms, the market expanded from $24.8 million to $37.7 million, reflecting both volume growth and price increases throughout the years.

Production prepared or preserved groundnuts in Romania

In value, 2017-2020, K $ US

Romania's production of prepared or preserved groundnuts increased for the second consecutive year. In 2020, output was valued at 13 154 thousand US dollars, marking a sharp rise of 26.2% compared to 2019. Over the period from 2017 to 2020, production grew by 33.2%, which translates to an annualized rate of 10.0%. The lowest value was recorded in 2018 at 9 660 thousand US dollars, with the largest decline that year at 2.2%.

Annual dynamics of production in Romania in value, 2017-2020, K $ US

In kind, 2017-2020, t

From 2017 to 2020, Romania ranked 28th globally in the production of prepared or preserved groundnuts.

Top producers of prepared or preserved groundnuts, 2017-2020

World map of production of prepared or preserved groundnuts, 2017-2020

Production of prepared or preserved groundnuts in Romania rose for the second year in a row. In 2020, Romania produced 4 182 tonnes, reflecting a 24.4% increase compared to 2019. Between 2017 and 2020, production surged by 39.7%, equating to an annualized growth rate of 11.8%. The lowest output was in 2018 at 2 594 tonnes, with the largest decline that year at 13.3%. The most significant increase occurred in 2019, with a jump of 29.6%.

Annual dynamics of production in Romania in kind, 2017-2020, t

Exports prepared or preserved groundnuts from Romania

Exports in kind, t

Exports of prepared or preserved groundnuts from Romania grew for the third consecutive year. In 2020, exports reached 1 324 tonnes, representing a substantial year-over-year increase of 66.0%. From 2017 to 2020, exports expanded by 337.3%, which corresponds to an annualized rate of 63.5%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, t

Between 2017 and 2020, three key markets—Germany, Moldova, and Italy—collectively accounted for 75.8% of Romania's total exports of prepared or preserved groundnuts in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

Cross-border shipments of prepared or preserved groundnuts from Romania increased for the third year in a row. In 2020, exports were valued at 3 427 thousand US dollars, showing a gain of 54.7% compared to 2019. Over the 2017-2020 period, exports rose by 254.7%, with an annualized growth rate of 52.5%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

From 2017 to 2020, Germany, Moldova, and Bulgaria were the top buyers of prepared or preserved groundnuts from Romania in value terms, with shares of 41.7%, 21.9%, and 10.3%, respectively. Together, they accounted for 73.9% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports prepared or preserved groundnuts to Romania

Imports in kind, t

After two years of growth, imports of prepared or preserved groundnuts into Romania declined. In 2020, imports totaled 5 558 tonnes, down by 14.5% year-over-year. Between 2017 and 2020, imports decreased by 2.1%, equating to an annualized decline of 0.7%. The highest volume was recorded in 2019 at 6 503 tonnes, with the largest increase that year at 8.5%.

Annual dynamics of product's imports to Romania in kind, 2017-2020, t

During 2017-2020, imports of prepared or preserved groundnuts to Romania were primarily directed towards Poland and Germany, which together made up 81.1% of total flows, while other destinations played a minor role.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

Following a two-year uptick, imports of prepared or preserved groundnuts into Romania fell. In 2020, imports amounted to approximately 14 932 thousand US dollars, marking an 11.0% drop compared to the previous year. Over the 2017-2020 period, imports decreased by 5.7%, with a compound annual growth rate of -2.0%. The peak value was in 2019 at 16 776 thousand US dollars, with the largest increase that year at 3.8%.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

From 2017 to 2020, Poland, Germany, and the Netherlands were the main sources in the geographical breakdown of imports of prepared or preserved groundnuts to Romania in value terms, with shares of 64.6%, 13.4%, and 4.9%, respectively. Combined, they represented 82.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020