Price for Crustacean Preparations; Lobster, Prepared or Preserved in Romania - 2023

Contents:

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

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Romania (CIF) - 2022

The average import price for crustacean preparations; lobster, prepared or preserveds stood at $21,510 per ton in 2022, with an increase of 7.2% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; lobster, prepared or preserveds increased by +95.5% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 69%. The import price peaked at $26,532 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 France ($44,541 per ton), while the price for Hungary ($5,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Romania (FOB) - 2022

The average export price for crustacean preparations; lobster, prepared or preserveds stood at $25,375 per ton in 2022, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 a decrease of 99.9%. The export price peaked at $26,188 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +193.9% per year.

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Romania

In 2022, the amount of crustacean preparations; lobster, prepared or preserveds imported into Romania surged to 5.3 tons, growing by 250% compared with 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds surged to $115K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.1N/A6.448.0683.0%
Denmark16.728.610.547.441.6%
SpainN/A1.011.210.6225.6%
France0.70.40.34.991.3%
HungaryN/AN/AN/A1.50%
Belgium13.78.60.1N/A-91.5%
Poland0.11.50.6N/A144.9%
Others1.41.71.42.114.5%
Total32.841.830.611551.9%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Romania in 2022:

  1. Netherlands (2101.0 kg)
  2. Denmark (1927.0 kg)
  3. Spain (831.0 kg)
  4. Hungary (302.0 kg)
  5. France (109.0 kg)
  6. Poland (1.0 kg)

Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Romania

After two years of decline, overseas shipments of crustacean preparations; lobster, prepared or preserveds decreased by 0% to 88 kg in 2022. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of crustacean preparations; lobster, prepared or preserveds amounted to $2.2K in 2022. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Crustacean Preparations; Lobster, Prepared or Preserved in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A2.20%
Bulgaria1.0N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total1.1N/AN/A2.226.0%

Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Romania in 2022:

  1. Netherlands (88.0 kg)

Source: IndexBox Market Intelligence Platform

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