Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway - 2024
Contents:
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway (FOB) - 2024
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway (CIF) - 2024
- Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway
- Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway (FOB) - 2024
The average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $5,149 per ton in January 2024, flattening at the previous month. Overall, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in November 2023 an increase of 30% month-to-month. The export price peaked at $9,307 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In January 2024, the country with the highest price was the UK ($5,163 per ton), while the average price for exports to France ($4,906 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway (CIF) - 2024
In January 2024, the average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $5,018 per ton, dropping by -25.2% against the previous month. Overall, import price indicated a perceptible increase from January 2023 to January 2024: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s decreased by -25.2% against December 2023 indices. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 115% against the previous month. The import price peaked at $7,378 per ton in September 2023; however, from October 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Iceland ($10,580 per ton), while the price for Russia ($3,699 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway
For the third year in a row, Norway recorded decline in overseas shipments of fish fillets; frozen, haddock (melanogrammus aeglefinus)s, which decreased by -36.7% to 995 tons in 2022. Overall, exports showed a dramatic descent. The smallest decline of -11.4% was in 2021.
In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s reduced markedly to $8.9M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 8.5%.
| Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 12.9 | 8.9 | 9.4 | 8.5 | -13.0% |
| Canada | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Poland | 0.5 | 0.4 | 0.1 | 0.1 | -41.5% |
| Sweden | 0.4 | 0.5 | 0.2 | N/A | -29.3% |
| France | 0.8 | 0.3 | 0.2 | N/A | -50.0% |
| United States | 1.1 | 0.5 | 1.0 | N/A | -4.7% |
| Others | 0.2 | 0.2 | 0.7 | 0.2 | 0.0% |
| Total | 15.9 | 10.9 | 11.8 | 8.9 | -17.6% |
Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Norway in 2022:
- United Kingdom (928.1 tons)
- Poland (20.7 tons)
- Canada (16.1 tons)
Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway
In 2022, supplies from abroad of fish fillets; frozen, haddock (melanogrammus aeglefinus)s increased by 30% to 488 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s skyrocketed to $2.5M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 288 | 137 | 382 | 1,775 | 83.3% |
| Iceland | 1,557 | 834 | 665 | 438 | -34.5% |
| China | 150 | 286 | 171 | 208 | 11.5% |
| Germany | N/A | N/A | N/A | 56.3 | 0% |
| Russia | N/A | 158 | 561 | 9.4 | -75.6% |
| Others | 184 | 375 | 305 | 43.1 | -38.4% |
| Total | 2,178 | 1,790 | 2,083 | 2,529 | 5.1% |
Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Norway in 2022:
- Denmark (286.8 tons)
- China (93.8 tons)
- Iceland (75.3 tons)
- Germany (22.8 tons)
- Russia (1.4 tons)
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