Report Update Nov 1, 2024

Romania - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Frozen Cuttlefishes Market 2024

Frozen Cuttlefishes Market Size in Romania

The Romanian frozen cuttlefishes market skyrocketed to $X in 2021, picking up by 81% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a pronounced downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Frozen Cuttlefishes Exports

Exports from Romania

In 2021, overseas shipments of frozen cuttlefishes decreased by -59.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 352%. As a result, the exports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, frozen cuttlefishes exports declined remarkably to $X in 2021. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of 190% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X tons) was the main destination for frozen cuttlefishes exports from Romania, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bulgaria stood at +10.8%.

In value terms, Bulgaria ($X) also remains the key foreign market for frozen cuttlefishes exports from Romania.

From 2012 to 2021, the average annual growth rate of value to Bulgaria amounted to +14.4%.

Export Prices by Country

In 2021, the average frozen cuttlefishes export price amounted to $X per ton, jumping by 57% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Bulgaria amounted to +3.3% per year.

Frozen Cuttlefishes Imports

Imports into Romania

In 2021, the amount of frozen cuttlefishes imported into Romania surged to X tons, increasing by 62% against 2020 figures. In general, imports, however, continue to indicate a abrupt decline. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, frozen cuttlefishes imports soared to $X in 2021. Overall, imports, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 56%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of frozen cuttlefishes to Romania, accounting for a 64% share of total imports. Moreover, frozen cuttlefishes imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Portugal (X tons), with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.1% per year) and Portugal (+24.8% per year).

In value terms, Spain ($X) constituted the largest supplier of frozen cuttlefishes to Romania, comprising 68% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 25% share of total imports. It was followed by Portugal, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.4% per year) and Portugal (+35.2% per year).

Import Prices by Country

The average frozen cuttlefishes import price stood at $X per ton in 2021, declining by -9.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2016 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuttlefishes in the world?

The countries with the highest volumes of frozen cuttlefishes consumption in 2020 were Peru, Indonesia and India, together accounting for 59% of global consumption. Spain, Democratic People's Republic of Korea, New Zealand and Thailand lagged somewhat behind, together comprising a further 25%.

What are the largest producers of frozen cuttlefishes in the world?

The countries with the highest volumes of frozen cuttlefishes production in 2020 were Peru, Indonesia and India, with a combined 63% share of global production.

What are the leading suppliers of frozen cuttlefishes to Romania?

In value terms, Spain constituted the largest supplier of frozen cuttlefishes to Romania, comprising 81% of total imports. The second position in the ranking was occupied by the Netherlands, with a 15% share of total imports.

What are the leading importers of frozen cuttlefishes from Romania?

In value terms, Bulgaria remains the key foreign market for frozen cuttlefishes exports from Romania.

What is the average export price for frozen cuttlefishes in Romania?

The average frozen cuttlefishes export price stood at $2,626 per ton in 2020, waning by -38.9% against the previous year.

What is the average import price for frozen cuttlefishes in Romania?

The average frozen cuttlefishes import price stood at $5,463 per ton in 2020, with an increase of 12% against the previous year.

This report provides an in-depth analysis of the frozen cuttlefishes market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023