Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Romania - 2023

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania (CIF) - 2023
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania (FOB) - 2022
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania (CIF) - 2023

In November 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $8,006 per ton, with an increase of 7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 17% against the previous month. As a result, import price attained the peak level of $9,131 per ton. From July 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($14,006 per ton), while the price for Vietnam ($5,478 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $14,396 per ton in 2022, standing approx. at the previous year. Overall, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 27% against the previous year. The export price peaked at $14,485 per ton in 2021, and then contracted in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bulgaria ($16,363 per ton) and Moldova ($13,573 per ton), while the average price for exports to Austria ($11,875 per ton) and Ireland ($12,538 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania

After three years of growth, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -1.4% to 664 tons in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 86%. As a result, imports reached the peak of 673 tons, and then reduced modestly in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank modestly to $5.3M in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year. As a result, imports attained the peak of $5.4M, and then shrank modestly in the following year.

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Romania in 2022:

1. Vietnam (274.8 tons)
2. Netherlands (106.2 tons)
3. India (91.1 tons)
4. Belgium (51.2 tons)
5. Spain (42.2 tons)
6. Bangladesh (35.0 tons)
7. Italy (18.0 tons)
8. Germany (2.2 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Romania

Exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses from Romania soared to 19 tons in 2022, jumping by 203% against 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 800% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses soared to $278K in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 846% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Romania in 2022:

1. Bulgaria (10.7 tons)
2. Austria (8.1 tons)
3. Moldova (0.6 tons)

Source: IndexBox Market Intelligence Platform