Unmanufactured Tobacco Market Overview in Romania
In value terms, unmanufactured tobacco production plummeted to $ in estimated in export prices. In general, production continues to indicate slight growth. The pace of growth appeared the most rapid in 2008 with an increase of % y-o-y. As a result, production attained the peak level of $. from 2009 to , production growth failed to regain the momentum.
In , the average yield of tobacco (unmanufactured) in Romania fell to tonnes per ha, standing approx. at the previous year. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. The unmanufactured tobacco yield peaked at tonnes per ha in 2010; however, from 2011 to , 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 , approx. ha of tobacco (unmanufactured) were harvested in Romania; leveling off at 2019 figures. Overall, the harvested area recorded a modest expansion. The growth pace was the most rapid in 2010 with an increase of % year-to-year. Over the period under review, the harvested area dedicated to unmanufactured tobacco production attained the maximum at ha in 2011; however, from 2012 to , the harvested area remained at a lower figure.
The revenue of the unmanufactured tobacco market in Romania dropped to $ in , reducing 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, the total consumption indicated a perceptible expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2015 indices. The pace of growth was the most pronounced in 2011 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2015; however, from 2016 to , consumption remained at a lower figure.