Price for Fish; Edible Offal, Fish Heads, Tails and Maws in the UK - 2023

Contents:

  1. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in the UK (CIF) - 2022
  2. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in the UK (FOB) - 2022
  3. Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in the UK
  4. Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in the UK

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in the UK (CIF) - 2022

The average import price for fish; edible offal, fish heads, tails and mawses stood at $6,191 per ton in 2022, shrinking by -7.4% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 176% against the previous year. As a result, import price reached the peak level of $9,550 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Spain ($51,575 per ton), while the price for Norway stood at $4,357 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in the UK (FOB) - 2022

The average export price for fish; edible offal, fish heads, tails and mawses stood at $8,256 per ton in 2022, increasing by 73% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2014 an increase of 902% against the previous year. As a result, the export price reached the peak level of $27,434 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($33,063 per ton), while the average price for exports to Germany ($5,647 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 Vietnam (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in the UK

In 2022, overseas purchases of fish; edible offal, fish heads, tails and mawses decreased by -3% to 14 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of 35 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fish; edible offal, fish heads, tails and mawses reduced to $88K in 2022. In general, imports showed a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, imports reached the peak of $227K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish; Edible Offal, Fish Heads, Tails and Maws in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway34.014183.059.820.7%
SpainN/AN/AN/A28.60%
France24.26.37.5N/A-44.3%
Lithuania94.669.48.0N/A-70.9%
Netherlands28.32.6N/AN/A-90.8%
Others10.18.3N/AN/A-17.8%
Total19122798.488.5-22.6%

Top Suppliers of Fish; Edible Offal, Fish Heads, Tails and Maws to the UK in 2022:

  1. Norway (13.7 tons)
  2. Spain (0.6 tons)

Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in the UK

In 2022, the amount of fish; edible offal, fish heads, tails and mawses exported from the UK shrank sharply to 11 tons, waning by -63.1% against 2021 figures. Overall, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 926% against the previous year.

In value terms, exports of fish; edible offal, fish heads, tails and mawses declined dramatically to $94K in 2022. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 261%.

Export of Fish; Edible Offal, Fish Heads, Tails and Maws in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.919.415.648.164.0%
Germany8.010.28.225.346.8%
Ireland0.71.42.47.3118.5%
Hungary1.72.01.75.245.2%
Poland0.82.01.64.983.0%
VietnamN/AN/A54.3N/A0%
PhilippinesN/AN/A36.0N/A0%
Turkey32.6N/AN/AN/A0%
Canada209N/AN/AN/A0%
Others6.85.727.12.9-24.7%
Total27040.614793.7-29.7%

Top Export Markets for Fish; Edible Offal, Fish Heads, Tails and Maws from the UK in 2022:

  1. Netherlands (5.9 tons)
  2. Germany (4.5 tons)
  3. Hungary (0.4 tons)
  4. Poland (0.2 tons)
  5. Ireland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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