Price for Fish Meal; Fit for Human Consumption in Romania - 2022

Price for Fish Meal; Fit for Human Consumption in Romania (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $8,606 per ton, which is down by -27.1% against the previous year. In general, the import price, however, saw a significant expansion. The growth pace was the most rapid in 2015 an increase of 194% against the previous year. Over the period under review, average import prices reached the maximum at $11,799 per ton in 2021, and then fell significantly in the following year.

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 Poland ($18,883 per ton), while the price for Denmark amounted to $8,190 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Meal; Fit for Human Consumption in Romania (FOB) - 2022

The average export price for fish meal; fit for human consumptia stood at $3,561 per ton in 2022, standing approx. at the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish meal; fit for human consumptia increased by +46.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs at $3,611 per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,636 per ton), while the average price for exports to France totaled $3,250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.5%).

Imports of Fish Meal; Fit for Human Consumption in Romania

After two years of decline, overseas purchases of fish meal; fit for human consumptia increased by 37% to 15 tons in 2022. Over the period under review, imports, however, saw a precipitous descent.

In value terms, imports of fish meal; fit for human consumptia fell modestly to $125K in 2022. In general, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 0.2% against the previous year.

Import of Fish Meal; Fit for Human Consumption in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	212	120	66.0	118	-17.7%
Poland	8.6	0.2	1.7	3.1	-28.8%
Others	1.5	5.1	57.6	4.4	43.1%
Total	222	125	125	125	-17.4%

Top Suppliers of Fish Meal; Fit for Human Consumption to Romania in 2022:

Denmark (14.4 tons)
Poland (0.2 tons)

Exports of Fish Meal; Fit for Human Consumption in Romania

After two years of decline, shipments abroad of fish meal; fit for human consumptia increased by 128% to 41 kg in 2022. Overall, exports, however, continue to indicate a dramatic slump.

In value terms, exports of fish meal; fit for human consumptia surged to $146 in 2022. Over the period under review, exports, however, faced a abrupt curtailment.