Romania: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in Romania

The Romanian preserved mackerel market contracted to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Preserved mackerel consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Preserved Mackerel Production in Romania

In value terms, preserved mackerel production contracted to $X in 2022 estimated in export price. Overall, production showed a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. Preserved mackerel production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Preserved Mackerel Exports

Exports from Romania

In 2022, preserved mackerel exports from Romania skyrocketed to X tons, growing by X% on 2021 figures. In general, exports, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved mackerel exports soared to $X in 2022. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Moldova (X tons), Poland (X tons) and the UK (X tons) were the main destinations of preserved mackerel exports from Romania, with a combined X% share of total exports. Italy, France, Spain, Hungary and Bulgaria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved mackerel exported from Romania were Moldova ($X), the UK ($X) and Poland ($X), together accounting for X% of total exports. Italy, France, Spain, Hungary and Bulgaria lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average preserved mackerel export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, export price indicated a resilient increase 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, preserved mackerel export price increased by X% against 2020 indices. The growth pace was the most rapid in 2013 an increase of X%. The export price peaked at $X per ton in 2021, and then reduced modestly in the following year.

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 Bulgaria ($X per ton), while the average price for exports to France ($X 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 Moldova (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Mackerel Imports

Imports into Romania

In 2022, overseas purchases of mackerel (prepared or preserved) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; afterwards, it flattened through to 2022.

In value terms, preserved mackerel imports shrank to $X in 2022. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

Poland (X tons), Bulgaria (X tons) and the Netherlands (X tons) were the main suppliers of preserved mackerel imports to Romania, together accounting for X% of total imports. China, Italy, Latvia and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Bulgaria ($X) and Italy ($X) were the largest preserved mackerel suppliers to Romania, together comprising X% of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved mackerel import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

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 Italy ($X per ton), while the price for Spain ($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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