Crude Groundnut Oil Market Overview in Romania
In value terms, crude groundnut oil production soared to $ in estimated in export prices. In general, production enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to , production failed to regain the momentum.
The value of the crude groundnut oil market in Romania soared to $ in 2019, jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a significant increase. The pace of growth appeared the most rapid in 2011 when the market value increased by % y-o-y. Over the period under review, the market reached the maximum level at $ in ; afterwards, it flattened through to 2019.