Price for Insects; Live, Other than Bees in Romania - 2023

Contents:

1. Price for Insects; Live, Other than Bees in Romania (CIF) - 2022
2. Price for Insects; Live, Other than Bees in Romania (FOB) - 2022
3. Imports of Insects; Live, Other than Bees in Romania
4. Exports of Insects; Live, Other than Bees in Romania

Price for Insects; Live, Other than Bees in Romania (CIF) - 2022

The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, which is down by -93.5% against the previous year. In general, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2013 an increase of 168%. The import price peaked at less than $0.1 per thousand units in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($0.1 per thousand units), while the price for France (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+71.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Insects; Live, Other than Bees in Romania (FOB) - 2022

In 2022, the average export price for insects; live, other than beeses amounted to less than $0.1 per thousand units, stabilizing at the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 820%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($0.1 per thousand units), while the average price for exports to the Netherlands totaled less than $0.1 per thousand units.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+104.3%).

Imports of Insects; Live, Other than Bees in Romania

In 2022, purchases abroad of insects; live, other than beeses was finally on the rise to reach 164B units for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, insects; live, other than bees imports reduced notably to $237K in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 100%. Imports peaked at $341K in 2021, and then dropped sharply in the following year.

Top Suppliers of Insects; Live, Other than Bees to Romania in 2022:

1. France (155.7B units)
2. Greece (2.4B units)
3. Czech Republic (1.2B units)

Exports of Insects; Live, Other than Bees in Romania

In 2022, approx. 204K units of insects; live, other than beeses were exported from Romania; therefore, remained relatively stable against the previous year. Over the period under review, exports saw a sharp curtailment. The smallest decline of -93.7% was in 2020. The exports peaked at 6.4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, insects; live, other than bees exports amounted to $5 in 2022. In general, exports showed a significant contraction. The smallest decline of -41.7% was in 2020. Over the period under review, the exports reached the maximum at $12 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Insects; Live, Other than Bees from Romania in 2022:

1. Netherlands (189.0K units)
2. Denmark (14.8K units)

Source: IndexBox Market Intelligence Platform