EU - Smoked Fish And Seafood - Market Analysis, Forecast, Size, Trends and Insights
Norway And Iceland Are The Main Suppliers Of Smoked Fish And Seafood Into The EU
European consumption of smoked fish and seafood increased by 3% in 2013, amounting to 6.3 billion euros in wholesaler’s selling prices. In physical terms, the growth was the same, and led to 539 thousand tonnes.
Production of smoked fish and seafood in the last few years has shown mixed dynamics. The significant drop in 2011 was followed by sustainable growth in 2012-2013. In 2013 EU production in physical terms increased by 3%, reaching 415 thousand tonnes which was below the highest level of production of smoked fish and seafood recorded in 2010 (431 thousand tonnes).
Similar dynamics were observed in smoked pacific, atlantic and danube salmon output, which held the largest share in total EU production of smoked fish. In this segment, the gradual increase from 2007-2010 was followed by a decline in 2011 (14% Y-o-Y) and a notable growth of 18% in 2012.
Amidst constant domestic demand, EU growth in smoked fish and seafood production is expected to remain stable at 1,5% per year (currently +1%) in the medium term.
The countries with the highest levels of production in 2013 were Poland (106.5 thousand tonnes), France (45.5 thousand tonnes) and Portugal (45.3 thousand tonnes), which together accounted for 48% of total output. In France, the production declined by 3.3% annually from 2007-2013. The remaining countries showed mixed dynamics: Poland (+5.1%), Portugal (+1.2%) and Spain (-4.0%).
Structural changes in production were observed in two product segments. The share of dried fish, whether or not salted, showed a decline from 34% to 23% over the period under review, while smoked pacific, atlantic and danube salmon increased their share from 28% to 39% of total output in the EU.
Norway and Iceland were the main suppliers of smoked fish and seafood into the EU, with a combined share of 72% of total imports in 2013. However, the fastest growing suppliers from 2007-20013 were Turkey (+15.9% per year) and China (+4.0% per year).
In 2013, the USA (27%), Switzerland (25%), Australia (18%) and Brazil (16%) were the main destinations of EU exports, and together made up 86% of total exports in value terms. While the USA share increased significantly, the share of Brazil illustrated negative dynamics. The shares of the other countries showed mixed dynamics throughout the analyzed period.
Source: IndexBox AI Platform
Fish, dried, salted or in brine; smoked fish, whether or not cooked before or during the smoking process; flours, meals and pellets of fish, fit for human consumption.
This report concentrates on the EU smoked fish and seafood market, providing a detailed survey and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term forecast uncovers market projections. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
EU(28) - the report contains statistical data for 28 European countries and includes detailed profiles of the largest consuming and producing countries (Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, the United Kingdom).
• Smoked fish and seafood market size and value;
• EU production, split by EU Member States;
• Smoked fish and seafood production by type;
• Profiles of the leading companies;
• EU trade (intra and extra);
• Prices for smoked fish and seafood (producer, import and export);
• Trade structure and market channels;
• Smoked fish and seafood market outlook to 2025;
• Per Capita Consumption.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data