Romania - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Romania - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Herring Price in Romania - 2023

Contents:

  1. Preserved Herring Price in Romania (CIF) - 2023
  2. Preserved Herring Price in Romania (FOB) - 2023
  3. Preserved Herring Imports in Romania
  4. Preserved Herring Exports in Romania

Preserved Herring Price in Romania (CIF) - 2023

In May 2023, the average preserved herring import price amounted to $4,150 per ton, shrinking by -2.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in March 2023 when the average import price increased by 17% against the previous month. The import price peaked at $4,256 per ton in April 2023, and then dropped slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($4,731 per ton), while the price for Poland totaled $4,131 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%).

Preserved Herring Price in Romania (FOB) - 2023

The average preserved herring export price stood at $8,771 per ton in June 2023, picking up by 15% against the previous month. Overall, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in January 2023 when the average export price increased by 119% m-o-m. Over the period under review, the average export prices reached the maximum at $9,031 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($11,450 per ton), while the average price for exports to Italy ($4,276 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Herring Imports in Romania

Preserved herring imports into Romania dropped to 3.3K tons in 2022, which is down by -5.9% against 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5%. As a result, imports attained the peak of 3.5K tons, and then dropped in the following year.

In value terms, preserved herring imports shrank slightly to $12M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of $12M, and then shrank slightly in the following year.

Import of Preserved Herring in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.38.49.49.07.2%
Germany2.81.92.01.9-12.1%
AustriaN/AN/A0.20.5150.0%
Latvia0.20.30.20.20.0%
Others0.30.30.30.2-12.6%
Total10.710.912.211.83.3%

Top Suppliers of Preserved Herring to Romania in 2022:

  1. Poland (2574.8 tons)
  2. Germany (504.0 tons)
  3. Austria (124.6 tons)
  4. Latvia (52.5 tons)

Preserved Herring Exports in Romania

In 2022, shipments abroad of herrings (prepared or preserved) decreased by -33.3% to 114 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 317%. As a result, the exports reached the peak of 313 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, preserved herring exports fell markedly to $531K in 2022. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 230% against the previous year. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Preserved Herring in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria2521871912783.3%
Moldova39.940.543.671.521.5%
Spain11.75.62.770.081.5%
United Kingdom14.410746.063.764.2%
Italy7.74.734.211.514.3%
Germany1.91.56.28.564.8%
Others17.979349727.815.8%
Total3461,14182153115.3%

Top Export Markets for Preserved Herring from Romania in 2022:

  1. Bulgaria (61.1 tons)
  2. Moldova (15.3 tons)
  3. Spain (13.6 tons)
  4. United Kingdom (13.3 tons)
  5. Germany (2.9 tons)
  6. Italy (2.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved herring market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

  • Romania

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Romania
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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