Romania Agribusiness Report Q1 2015

Business Monitor International
December 3, 2014
124 Pages - SKU: BMI5397801
Countries covered: Romania

Romania Agribusiness Report Q1 2015

BMI View: We still believe the Romanian grain sector has the highest growth potential owing to itscompetitiveness and its exposure to the Middle East and Asia. Sugar production is likely to grow stronglybecause of base effects, as limited consumption growth from both the food and energy sectors will capproduction incentives. The livestock sector will remain just below self-sufficiency, and quality issues linkedto the horsemeat scandal will limit export growth opportunities to the rest of the EU, at least in the nearterm.

Key Forecasts

Wheat production growth to 2017/18: 76.0% to 9.0mn tonnes. This will come from furtherimprovements in yields and increase in area planted. Export demand will also encourage production.

Poultry consumption growth to 2018: 10.4% to 518,100 tonnes. Poultry will continue to beRomanians' favourite meat and the one with the most growth potential as the economy recovers and theconsumer story improves.



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