Romania Agribusiness Report Q4 2014 - New Study Released

From: Fast Market Research, Inc.
Published: Wed Oct 08 2014


We still believe the Romanian grain sector has the highest growth potential owing to its competitiveness and its exposure to the Middle East and Asia. Sugar production is likely to grow strongly because of base effects, as limited consumption growth from both the food and energy sectors will cap production incentives. The livestock sector will remain just below self-sufficiency, and quality issues linked to the horsemeat scandal will limit export growth opportunities to the rest of the EU, at least in the near term.

Key Forecasts

* Wheat production growth to 2017/18: 76.0% to 9.0mn tonnes. This will come from further improvements 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 be Romanians' favourite meat and the one with the most growth potential as the economy recovers and the consumer story improves.
* Sugar production growth to 2017/18: 7.7% to 796,700 tonnes. This will come as farmers reap the benefits of an increased area devoted to sugar and as production quotas in the EU are being phased out in the medium term.
* 2014 GDP growth: 2.8% (up from 2.6% in 2013).

Full Report Details at
- http://www.fastmr.com/prod/879004_romania_agribusiness_report_q4_2014.aspx?afid=301

2014 average consumer price inflation: 1.9% (down from 3.3% in 2013).

Industry Developments

The EU's 2014-2020 CAP reform will result in a drag on yield and crop production growth in emerging European countries over the next few years. Lower pillar 2 payments, sluggish grain price growth and the liberalisation of the EU's dairy and sugar production quotas will hurt farm income in these countries and limit future investment in seeds and machinery.

A case of suspected mad cow disease was found in Romanian beef after the country's animal health and safety authorities indicated that preliminary tests showed that a cow slaughtered at an authorized abattoir was infected with bovine...

The Romania Agribusiness Report features Business Monitor International (BMI)'s market assessment and independent forecasts for production, consumption and trade across core agricultural commodities.

BMI's Romania Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs, an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.

Key Benefits

* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors, partners and clients.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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