Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania - 2023

Contents:

1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania (CIF) - 2023
2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania (FOB) - 2022
3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania
4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania (CIF) - 2023

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $5,465 per ton in August 2023, falling by -8.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 30% against the previous month. As a result, import price reached the peak level of $7,955 per ton. From April 2023 to August 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 Greece ($8,798 per ton), while the price for the Netherlands ($4,331 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania (FOB) - 2022

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,363 per ton, standing approx. at the previous year. Overall, the export price showed a noticeable descent. The pace of growth was the most pronounced in 2016 an increase of 77%. As a result, the export price attained the peak level of $9,120 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($12,417 per ton), while the average price for exports to Italy ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania

In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Romania skyrocketed to 700 tons, jumping by 34% on the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% 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 +52.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $3.5M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +62.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Romania in 2022:

1. Spain (186.5 tons)
2. Italy (151.5 tons)
3. France (143.2 tons)
4. Germany (64.8 tons)
5. Greece (42.1 tons)
6. Denmark (31.8 tons)
7. Netherlands (29.5 tons)

Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Romania

Exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Romania skyrocketed to 6.6 tons in 2022, with an increase of 74% on the previous year's figure. Over the period under review, exports, however, showed a dramatic downturn.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds soared to $29K in 2022. Overall, exports, however, faced a precipitous descent.

Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Romania in 2022:

1. Moldova (5.6 tons)
2. Bulgaria (0.8 tons)
3. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform