Live Fish Price in Romania - 2023

Contents:

1. Live Fish Price in Romania (CIF) - 2023
2. Live Fish Price in Romania (FOB) - 2023
3. Live Fish Imports in Romania
4. Live Fish Exports in Romania

Live Fish Price in Romania (CIF) - 2023

In June 2023, the average live fish import price amounted to $4,773 per ton, almost unchanged from the previous month. In general, import price indicated perceptible growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, live fish import price increased by +85.5% against October 2022 indices. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 22% month-to-month. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($10,145 per ton), while the price for Croatia ($3,045 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Live Fish Price in Romania (FOB) - 2023

In May 2023, the average live fish export price amounted to $5,671 per ton, shrinking by -14.4% against the previous month. Over the period under review, the export price showed a pronounced decline. The pace of growth was the most pronounced in September 2022 when the average export price increased by 279% month-to-month. As a result, the export price reached the peak level of $11,942 per ton. From October 2022 to May 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In May 2023, the country with the highest price was Hungary ($5,615 per ton), while the average price for exports to Italy stood at $3,837 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Imports in Romania

For the fourth consecutive year, Romania recorded growth in purchases abroad of live fish, which increased by 1.7% to 4.4K tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, live fish imports shrank to $13M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +55.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year.

Top Suppliers of Live Fish to Romania in 2022:

1. Hungary (2274.5 tons)
2. Czech Republic (712.1 tons)
3. Bulgaria (671.7 tons)
4. Greece (204.7 tons)
5. Italy (180.0 tons)
6. Croatia (158.5 tons)
7. Spain (87.4 tons)

Live Fish Exports in Romania

In 2022, the amount of live fish exported from Romania dropped rapidly to 36 tons, shrinking by -56% against the previous year's figure. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. As a result, the exports attained the peak of 81 tons, and then declined dramatically in the following year.

In value terms, live fish exports contracted notably to $299K in 2022. In general, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 136% against the previous year. As a result, the exports reached the peak of $697K, and then dropped notably in the following year.

Top Export Markets for Live Fish from Romania in 2022:

1. Hungary (17.3 tons)
2. Italy (10.6 tons)
3. Croatia (6.3 tons)
4. Bulgaria (0.9 tons)

Source: IndexBox Market Intelligence Platform