Romania: Market for Dried Or Salted Fish 2025

Market Size for Dried Or Salted Fish in Romania

The Romanian dried or salted fish market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, posted slight growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Dried Or Salted Fish in Romania

In value terms, dried or salted fish production expanded markedly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a drastic downturn. Dried or salted fish production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Dried Or Salted Fish

Exports from Romania

In 2021, the amount of dried or salted fish exported from Romania declined markedly to X tons, which is down by -28.4% against 2020. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 158% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, dried or salted fish exports reduced to $X in 2021. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 149% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Belgium (X tons) and Hungary (X tons) were the main destinations of dried or salted fish exports from Romania, with a combined 49% share of total exports. Spain, Cyprus, the UK, Germany, Bulgaria, France and Moldova lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +103.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and Spain ($X) appeared to be the largest markets for dried or salted fish exported from Romania worldwide, together accounting for 50% of total exports. Cyprus, Hungary, Germany, the UK, France, Bulgaria and Moldova lagged somewhat behind, together accounting for a further 39%.

France, with a CAGR of +114.0%, recorded the highest rates of growth with regard to 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 2021, the average dried or salted fish export price amounted to $X per ton, picking up by 32% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dried or salted fish export price increased by +88.4% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Salted Fish

Imports into Romania

In 2021, supplies from abroad of dried or salted fish decreased by -18.7% to X tons, falling for the third year in a row after three years of growth. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 43% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, dried or salted fish imports soared to $X in 2021. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 80% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Spain (X tons), Bulgaria (X tons) and the Czech Republic (X tons) were the main suppliers of dried or salted fish imports to Romania, together accounting for 74% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +272.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of dried or salted fish to Romania, comprising 60% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by Bulgaria, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic stood at +227.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+220.7% per year) and Bulgaria (+7.0% per year).

Import Prices by Country

In 2021, the average dried or salted fish import price amounted to $X per ton, picking up by 114% against the previous year. Overall, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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