Romania: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Romania

In 2022, after two years of growth, there was significant decline in the Romanian market for frozen scallops, including queen scallop, when its value decreased by X% to $X. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Frozen Scallops, Including Queen Scallop

Exports from Romania

In 2022, approx. X tons of frozen scallops, including queen scallop were exported from Romania; picking up by X% on 2021 figures. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop exports skyrocketed to $X in 2022. Overall, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X tons) was the main destination for frozen scallops, including queen scallop exports from Romania, with a X% share of total exports. It was followed by Bulgaria (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Moldova totaled X%.

In value terms, Moldova ($X) remains the key foreign market for frozen scallops, including queen scallop exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova stood at X%.

Export Prices by Country

The average export price for frozen scallops, including queen scallop stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Moldova stood at $X per ton.

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

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Imports of Frozen Scallops, Including Queen Scallop

Imports into Romania

In 2022, the amount of frozen scallops, including queen scallop imported into Romania fell sharply to X tons, with a decrease of X% against the previous year. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports fell markedly to $X in 2022. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of frozen scallops, including queen scallop to Romania, with a X% share of total imports. Moreover, frozen scallops, including queen scallop imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Denmark (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of frozen scallops, including queen scallop to Romania, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average import price for frozen scallops, including queen scallop amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen scallops, including queen scallop import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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