Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Agriculture : Romania imported almost four times more wine...

Agriculture : Romania imported almost four times more wine in 2023 than it exported

September 11, 2024

Romania has imported wine worth 268.4 million euro and exported worth 72.5 million euro, 3.7 times less, according to an analysis made by Wines of Romania, platform dedicated to the promotion of the Romanian wine, on the basis of the data from the National Institute for Statistics.According to a press release sent by Wines of Romania, the final figures for 2023 show a slight increase both for wine imports and exports from Romania. In volumes, the import reached 123,000 tons and the export 34,400 tons.Compared to 2022, imports only increased by €30 million, from €238 million to €268 million. However, this is a significant increase compared to 2021, when Romania imported wine worth €189 million. In terms of price, in 2023, Romania imported wine at €2.17 per liter, 5% cheaper than in 2022, when the average value was €2.26 per liter, but more expensive than in 2021, when the price paid per liter was €1.59. The value of exports continued to increase slightly, rising from €69 million in 2021 to €71.6 million in 2022 and €72.5 million in 2023, the source points out. The price per liter for exported wine continued to evolve, from €1.82 per liter in 2021 to €1.97 per liter in 2022 and €2.09 per liter last year. However, the total volume exported has been falling steadily over the last three years - from 38,000 tons in 2021 to 36,300 tons in 2022 and 34,600 tons in 2023. "At first glance, there is not much difference in the Romanian wine market in terms of exports and imports over the last two years. However, a fairly clear trend can be seen - an increase in the average price per liter of exported wine, which remains somewhere between 5 and 7% per year, coupled with a decrease in exported volumes, more than 10% difference between 2021 and 2023. This means that more Romanian premium wine is reaching more people and that we are starting to have consumers on the international market returning to Romanian wines. In an optimistic scenario, I would say that we are witnessing the moment when consumers understand that Romania makes good wine. In any case, we are witnessing a consolidation of the position of Romanian premium wines, which will, I hope, serve as a foundation for future development," said Marinela Ardelean, founder of the Wines of Romania platform. On the other hand, according to her, the import figures are quite encouraging, especially in the medium-priced wine category, which means that Romania has a class of consumers who are still at the beginning of their journey, who are curious, experimenting, discovering new wines and regions. In 2023, Romania imported approximately 336 tons of Champagne sparkling wine (PDO) compared to about 3.300 tons of Prosecco (PDO), but the two categories of wine are of comparable value – 15.05 million euro for Champagne and 14.95 million euro for Prosecco. To these figures must be added more than 4.000 tons of sparkling wines without PDO or protected geographical indication (PGI), which means Romanians spent more than 40 million euro last year on ‘imported bubbles’.The level is similar to that of 2022, but significantly higher than in 2021, when Romania imported 278 tons of Champagne (worth 10.7 million euro) and 2,400 tons of Prosecco (8.6 million euro).From the point of view of the region of origin, wines bottled in containers of less than two liters with a protected designation of origin (PDO)came mainly from France, Hungary and Italy: Bordeaux, Tokaji, Veneto, Tuscany, Sicily, Valencia, Trentino, Alto Adige and Friuli, Rhone Valley, Burgundy.

Read in full - click here
TikTok launches Election Center ahead of Romania’s May presidential vote

TikTok has launched an Election Center dedicated to Romania's upcoming elections as part of its broader effort to protect "the integrity of the platform" and promote access to reliable information. The initiative is supported by a new media literacy campaign and ongoing collaboration with more than 20 fact-checking partners, the company said in a statement. […]

Romanian interim president meets with OSCE election observation mission

Romanian acting president Ilie Bolojan met on Friday, April 25, with a delegation from the Office for Democratic Institutions and Human Rights, or ODIHR, of the Organization for Security and Cooperation in Europe (OSCE), according to a statement from the presidential administration. The acting president told the delegation that Romania "is faithful to democratic principles […]

Shareholders of Romanian oil giant OMV Petrom approve record dividends for 2025

Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the 2025 budget, which provides for investments of RON 8.1 billion (EUR 1.6 billion). The decision was taken during the Ordinary and Extraordinary General Meetings […]

European Film Festival reaches ten cities in Romania for 29th edition

The 2025 edition of the European Film Festival (FFE), which takes place this year in Bucharest and nine other cities, will screen more than 40 feature films, 28 of which are national premieres. The festival will also present two selections of short films, also screened as national premieres. Among them are 11 documentaries, 13 films […]

Update: Russian security service says it arrested Romanian man for spying for Ukraine

Update: The Romanian Ministry of Foreign Affairs said in an official press release that the Romanian citizen was initially detained in the Abkhazia region four months ago and was later transferred to Sochi, Russia. "Steps have already been taken to provide consular protection and assistance with the central and local authorities, in accordance with international regulations," […]

Russian security service says it arrested Romanian man for spying for Ukraine

Russia’s Federal Security Service, FSB, said on Friday, April 25, that it arrested a 23-year-old Romanian citizen on suspicion of spying for Ukraine by sharing the locations of Russian air defense systems. The unnamed man is accused of collecting and transmitting information about air defense sites in the Black Sea resort city of Sochi to […]