Norway And Iceland Are The Main Suppliers Of Smoked Fish And Seafood Into The EU

Fish, Crustaceans And Molluscs March 04, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

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: EU: Smoked Fish And Seafood - Market Report. Analysis and Forecast to 2020