Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Romania - 2023

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania (CIF) - 2022
  2. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania (FOB) - 2022
  3. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania
  4. Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania (CIF) - 2022

The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $7,280 per ton in 2022, waning by -9.8% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s increased by +19.1% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 109%. The import price peaked at $9,660 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($18,800 per ton), while the price for Italy ($6,538 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania (FOB) - 2022

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $9,094 per ton, declining by -14.7% against the previous year. Overall, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2021 an increase of 14%. The export price peaked at $10,968 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Ireland ($9,969 per ton) and Austria ($9,462 per ton), while the average price for exports to Bulgaria ($8,806 per ton) and Italy ($8,857 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+13.8%), while the prices for the other major destinations experienced a decline.

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania

In 2022, approx. 60 tons of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were imported into Romania; surging by 11% against 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 228% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s totaled $436K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 273% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands31.266.6357258102.2%
Spain0.13.70.11361007.9%
Italy57.432.636.629.8-19.6%
Others7.613.540.811.715.5%
Total96.311643543665.4%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Romania in 2022:

  1. Netherlands (33.8 tons)
  2. Spain (20.7 tons)
  3. Italy (4.6 tons)

Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania

For the fourth year in a row, Romania recorded growth in shipments abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, which increased by 52% to 2.8 tons in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s surged to $26K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria0.83.85.118.4184.4%
Ireland2.84.49.16.935.1%
Italy3.22.61.00.1-68.5%
AustriaN/AN/A4.60.1-97.8%
Hungary5.2N/AN/AN/A0%
United Kingdom0.33.2N/AN/A966.7%
OthersN/A0.1N/AN/A0%
Total12.214.119.725.527.9%

Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Romania in 2022:

  1. Bulgaria (2092.0 kg)
  2. Ireland (688.0 kg)
  3. Italy (14.0 kg)
  4. Austria (13.0 kg)

Source: IndexBox Market Intelligence Platform

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