Salted, brined, dried or smoked pork market in Romania

Earlier Report Observations

The market for salted, brined, dried or smoked pork in Romania demonstrated overall growth in physical volume from 77 662 t in 2018 to 83 540 t in 2023, with the total market value increasing more sharply from 284.3 million $ to 419.7 million $ over the same period. This expansion occurred despite a notable contraction in 2020, when the market volume fell to 74 266 t, interrupting the upward trend seen in the surrounding years.

The market's recovery and subsequent growth were underpinned by a consistent rise in imports, which climbed from 4 247 t in 2018 to 6 836 t in 2023. Domestic production, while volatile and dipping in 2020, ultimately reached 77 050 t in 2023, contributing to the larger market supply. The significant growth in market value points to a combination of higher prices and a possible consumer shift towards more valuable products within the segment.

Production salted, brined, dried or smoked pork in Romania

In value, 2017-2020, M $ US

Romania's production of salted, brined, dried, or smoked pork increased for the third consecutive year. In 2020, the output was valued at 274.5 million US dollars, showing no significant change from 2019. From 2017 to 2020, production grew by 5.8%, which translates to an annualized rate of 1.9%.

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

In kind, 2017-2020, t

Globally, Romania ranked as the 11th largest producer of salted, brined, dried, or smoked pork during the period from 2017 to 2020.

Top producers of salted, brined, dried or smoked pork, 2017-2020

World map of production of salted, brined, dried or smoked pork, 2017-2020

In 2020, Romania produced 69 889 tonnes of salted, brined, dried, or smoked pork, marking a decrease of 7.8% compared to the previous year. Between 2017 and 2020, production fell by 8.4%, with an annualized decline of 2.9%. The largest increase occurred in 2019, at 2.7%.

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

Exports salted, brined, dried or smoked pork from Romania

Exports in kind, t

After two years of growth, Romania's export volume of salted, brined, dried, or smoked pork declined. In 2020, exports totaled 514 tonnes, reflecting a moderate drop of 3.5% from the previous year. From 2017 to 2020, exports rose by 48.7%, with a compound annual growth rate of 14.1%. The peak was recorded in 2019 at 533 tonnes, which also saw the largest increase of 26.8%.

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

From 2017 to 2020, Italy, the United Kingdom, and Germany were the core markets for Romania's exports in kind. Italy accounted for 47.7% of exports, the United Kingdom for 31.3%, and Germany for 4.1%, together representing 83.0% of total export flows.

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

The market exhibited volatility during the observed period. Import levels varied significantly, with a 3.1-fold difference between the low in 2017 and the high in 2019. In 2020, Romania's export value of salted, brined, dried, or smoked pork was 2 626 thousand US dollars, a decrease of 42.7% from the previous year. The highest value was recorded in 2019 at 4 582 thousand US dollars, which also experienced the largest increase of 129.5%.

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

Throughout 2017 to 2020, Italy, the United Kingdom, and Germany formed the core of Romania's exports in value terms. Italy contributed 43.9% of export value, the United Kingdom 23.3%, and Germany 3.4%, collectively accounting for 70.6% of total export flows.

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

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

Imports salted, brined, dried or smoked pork to Romania

Imports in kind, t

In 2020, Romania's import volume of salted, brined, dried, or smoked pork reached 4 892 tonnes, showing a strong increase of 20.4% compared to the previous year. Between 2017 and 2020, imports grew by 26.3%, with an annualized rate of 8.1%. The largest decline occurred in 2019, at 4.4%.

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

From 2017 to 2020, Germany, Spain, and Italy were the top suppliers of salted, brined, dried, or smoked pork to Romania in kind. Germany held a 45.0% share, Spain 12.2%, and Italy 11.0%, together making up 68.2% of total imports.

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

Romania's import value of salted, brined, dried, or smoked pork increased for the third consecutive year. In 2020, imports amounted to 26 680 thousand US dollars, rising by 39.9% year-over-year. Over the period from 2017 to 2020, imports surged by 80.3%, with a compound annual growth rate of 21.7%.

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

During 2017 to 2020, Germany, Italy, and Spain were the main sources for Romania's imports in value terms. Germany accounted for 40.9% of import value, Italy for 18.0%, and Spain for 13.6%, together representing 72.5% 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