Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania (CIF) - 2023
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania (FOB) - 2023
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania (CIF) - 2023
In October 2023, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $7,341 per ton, surging by 6.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 19% m-o-m. As a result, import price attained the peak level of $8,220 per ton. From February 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Bosnia and Herzegovina ($11,504 per ton), while the price for Chile ($3,298 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania (FOB) - 2023
The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $8,407 per ton in October 2023, waning by -23.5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% m-o-m. The export price peaked at $10,988 per ton in September 2023, and then contracted significantly in the following month.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +1.6% per month.
Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania
Imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds into Romania expanded markedly to 3.8K tons in 2022, picking up by 9.5% against 2021. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds rose modestly to $26M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 4.0 | 5.2 | 7.7 | 6.9 | 19.9% |
| Vietnam | 1.6 | 3.0 | 3.5 | 4.2 | 37.9% |
| Spain | 1.3 | 1.3 | 2.3 | 2.5 | 24.4% |
| Netherlands | 1.3 | 2.2 | 2.9 | 2.4 | 22.7% |
| Italy | 1.4 | 1.5 | 2.1 | 1.8 | 8.7% |
| Chile | 0.5 | 0.8 | 1.4 | 1.5 | 44.2% |
| Germany | 0.6 | 0.4 | 0.7 | 1.2 | 26.0% |
| India | N/A | 0.1 | 0.5 | 1.1 | 231.7% |
| France | 1.1 | 1.0 | 0.7 | 0.9 | -6.5% |
| Greece | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Denmark | 0.2 | 0.2 | 0.2 | 0.6 | 44.2% |
| Belgium | 0.5 | 0.9 | 0.9 | 0.5 | 0.0% |
| Others | 0.7 | 1.3 | 1.0 | 1.5 | 28.9% |
| Total | 13.7 | 18.3 | 24.6 | 25.7 | 23.3% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Romania in 2022:
- Bosnia and Herzegovina (781.6 tons)
- Vietnam (542.6 tons)
- Chile (540.8 tons)
- Spain (405.7 tons)
- Netherlands (295.1 tons)
- Italy (294.5 tons)
- France (154.4 tons)
- India (127.6 tons)
- Germany (118.4 tons)
- Greece (99.6 tons)
- Denmark (93.8 tons)
- Belgium (68.1 tons)
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania
In 2022, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds from Romania totaled 2.3K tons, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds reduced slightly to $21M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $21M, and then contracted in the following year.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 15.1 | 17.3 | 21.0 | 19.8 | 9.5% |
| South Korea | 0.4 | 0.2 | N/A | 0.4 | 0.0% |
| Others | 0.3 | 0.1 | 0.2 | 0.5 | 18.6% |
| Total | 15.8 | 17.6 | 21.3 | 20.7 | 9.4% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Romania in 2022:
- France (2183.2 tons)
- South Korea (43.1 tons)
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