Fresh Fish - Romania | Statista Market Forecast

Revenue in the Fresh Fish market amounts to US$1.16bn in 2024. The market is expected to grow annually by 3.91% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$57bn in 2024).
In relation to total population figures, per person revenues of US$58.97 are generated in 2024.
In the Fresh Fish market, volume is expected to amount to 56.60m kg by 2029. The Fresh Fish market is expected to show a volume growth of 2.1% in 2025.0.
The average volume per person in the Fresh Fish market is expected to amount to 2.7kg in 2024.

Definition:

The Fresh Fish market covers all types of products made from fishes that have not been cooked, heated, dried, cured by brine, or processed in any way other than boning, cutting, comminuting, or freezing. Fresh, chilled, or frozen fish that have been farmed or harvested from freshwater or the ocean are included in the market.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Fresh and frozen pelagic fishes (e.g. mackerels, tuna, herring, salmon)
Fresh and frozen demersal fish (e.g. Flounder, halibut, cod, sole, plaice)
Fresh, chilled and frozen fish fillets, minced

Dried, canned, and processed fish
Fresh or processed seafood
Seaweed and other aquatic plants
Sushi-grade fish
Out-of-home consumption

The fresh fish market in Romania has seen minimal growth due to factors such as low consumer awareness, limited access to digital technologies, and a preference for traditional purchasing methods. Despite these challenges, online seafood sales are slowly gaining traction, driven by increasing health consciousness and convenience for customers.

Customer preferences: Consumers in Romania are increasingly prioritizing sustainability and ethical sourcing when it comes to purchasing fresh fish. This trend is driven by a growing awareness of the impact of overfishing on the environment and a desire to support local fishermen. Additionally, there is a rising demand for organic and locally sourced seafood due to health concerns and a desire for fresher products. These shifts in consumer preferences are being influenced by a younger generation that is more environmentally conscious and health-conscious, as well as a growing middle-class population with higher disposable incomes. As a result, there has been an increase in the availability of sustainably sourced and organic fish in the market, and retailers are adapting to meet this demand.

Trends in the market: In Romania, the Fresh Fish Market within the Fish & Seafood Market is experiencing a rise in demand for sustainably-sourced seafood, driven by consumer awareness and increasing concerns over environmental sustainability. This trend is expected to continue, with industry stakeholders investing in sustainable fishing practices and certifications to meet consumer demand. Additionally, there is a growing trend towards online seafood marketplaces and delivery services, allowing for greater convenience and access for consumers. These trends have significant implications for industry players, as they navigate the changing market landscape and adapt to meet shifting consumer preferences.

Local special circumstances: In Romania, the Fresh Fish Market of the Fish & Seafood Market within The Food market is influenced by the country's rich fishing tradition and its long coastline, providing a steady supply of fresh seafood. Additionally, the cultural preference for freshly caught fish drives demand for local markets and fishmongers. The regulatory environment also plays a role, with strict regulations on fishing quotas and sustainable practices, ensuring the quality and availability of fresh fish. This unique combination of factors creates a strong market for fresh fish in Romania.

Underlying macroeconomic factors: The Fresh Fish Market of the Fish & Seafood Market within The Food market in Romania is influenced by macroeconomic factors such as economic stability, consumer purchasing power, and government regulations on fishing and seafood imports. The country's strong economic growth and rising disposable income have led to an increased demand for high-quality, fresh fish and seafood products. Furthermore, the government's efforts to promote the fishing industry and regulate imports have created a favorable environment for local fish and seafood producers. Additionally, the growing health consciousness and trend towards healthy eating habits have also contributed to the market's growth, as consumers are increasingly turning towards fresh and sustainable food options.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.