Romania: Market for Herring, Salted Or In Brine 2025

Market Size for Herring, Salted Or In Brine in Romania

The Romanian market for herring, salted or in brine declined to $X in 2022, falling by -7.8% against the previous year. Over the period under review, consumption showed a noticeable descent. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Herring, Salted Or In Brine in Romania

In value terms, herring, salted or in brine production fell to $X in 2022 estimated in export price. Overall, production showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Herring, Salted Or In Brine

Exports from Romania

In 2022, overseas shipments of herring, salted or in brine increased by 2.8% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2014 with an increase of 340%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, herring, salted or in brine exports reduced to $X in 2022. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 280% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hungary (X tons), Italy (X tons) and Spain (X tons) were the main destinations of herring, salted or in brine exports from Romania, with a combined 86% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +76.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for herring, salted or in brine exported from Romania were Italy ($X), Hungary ($X) and Spain ($X), together accounting for 85% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +69.8%, recorded the highest rates of growth with regard to the value of exports, 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 export price for herring, salted or in brine amounted to $X per ton, waning by -14.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 when the average export price increased by 18%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Ukraine ($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 Bulgaria (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Herring, Salted Or In Brine

Imports into Romania

Herring, salted or in brine imports into Romania soared to X tons in 2022, jumping by 10,236% against the year before. Over the period under review, imports posted a significant increase. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, herring, salted or in brine imports surged to $X in 2022. Overall, imports recorded a prominent increase. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bulgaria (X tons) was the main supplier of herring, salted or in brine to Romania, accounting for a 99% share of total imports. It was followed by Poland (X kg), with a 1.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria stood at +166.9%.

In value terms, Bulgaria ($X) constituted the largest supplier of herring, salted or in brine to Romania, comprising 97% of total imports. The second position in the ranking was held by Poland ($X), with a 2.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Bulgaria stood at +116.9%.

Import Prices by Country

In 2022, the average import price for herring, salted or in brine amounted to $X per ton, waning by -66.6% against the previous year. Overall, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 96%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Bulgaria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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