Price for Mollusc Preparations; Octopus, Prepared or Preserved in Romania - 2023

Contents:

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

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Romania (CIF) - 2023

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $26,232 per ton in August 2023, reducing by -12.2% against the previous month. In general, import price indicated a slight increase from November 2022 to August 2023: its price increased at an average monthly rate of +1.3% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for mollusc preparations; octopus, prepared or preserveds increased by +79.6% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 104% m-o-m. The import price peaked at $31,475 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($33,130 per ton), while the price for Germany ($18,611 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 Belgium (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Romania (FOB) - 2022

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $11,561 per ton, rising by 8.3% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 28% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($11,603 per ton), while the average price for exports to North Macedonia totaled $10,150 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+36.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Romania

In 2022, imports of mollusc preparations; octopus, prepared or preserveds into Romania shrank to 78 tons, waning by -13.8% compared with 2021. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 121%. As a result, imports attained the peak of 91 tons, and then declined in the following year.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds dropped to $1.7M in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 162% against the previous year. As a result, imports reached the peak of $1.9M, and then contracted in the following year.

Import of Mollusc Preparations; Octopus, Prepared or Preserved in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain29923578586442.4%
Greece78.787.838426149.1%
Italy12918724523321.8%
IndonesiaN/AN/AN/A1140%
Belgium8.760.921885.5114.2%
PortugalN/A2.40.152.7368.6%
Netherlands20395.419146.1-39.0%
Germany49.631.320.220.6-25.4%
Others40.77.210.66.0-47.2%
Total8097071,8541,68227.6%

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Romania in 2022:

  1. Spain (33.6 tons)
  2. Italy (17.8 tons)
  3. Greece (14.4 tons)
  4. Indonesia (4.3 tons)
  5. Belgium (3.1 tons)
  6. Portugal (1.8 tons)
  7. Netherlands (1.5 tons)
  8. Germany (1.3 tons)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Romania

Exports of mollusc preparations; octopus, prepared or preserveds from Romania soared to 2.1 tons in 2022, picking up by 391% against the previous year. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds surged to $24K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Octopus, Prepared or Preserved in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova1.8N/A0.123.4135.1%
North MacedoniaN/A1.34.50.6-32.1%
OthersN/AN/AN/AN/A0%
Total1.81.34.524.0137.1%

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Romania in 2022:

  1. Moldova (2.0 tons)
  2. North Macedonia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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