Luxembourg - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Luxembourg - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights

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Battered Fish Fillet Price in Luxembourg - 2023

Contents:

  1. Battered Fish Fillet Price in Luxembourg (CIF) - 2023
  2. Battered Fish Fillet Price in Luxembourg (FOB) - 2022
  3. Battered Fish Fillet Imports in Luxembourg
  4. Battered Fish Fillet Exports in Luxembourg

Battered Fish Fillet Price in Luxembourg (CIF) - 2023

In June 2023, the average battered fish fillet import price amounted to $9,546 per ton, growing by 5.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in February 2023 an increase of 16% month-to-month. As a result, import price attained the peak level of $9,745 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($10,939 per ton), while the price for Portugal ($6,305 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Portugal (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Battered Fish Fillet Price in Luxembourg (FOB) - 2022

The average battered fish fillet export price stood at $12,702 per ton in 2022, leveling off at the previous year. Overall, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2019 an increase of 89% against the previous year. The export price peaked at $12,790 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,438 per ton), while the average price for exports to Belgium ($12,576 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 France (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Battered Fish Fillet Imports in Luxembourg

In 2022, approx. 599 tons of fish fillets in batter or breadcrumbs were imported into Luxembourg; stabilizing at the year before. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, battered fish fillet imports stood at $4.8M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Battered Fish Fillet in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.32.82.93.032.1%
France0.90.80.80.90.0%
Germany0.90.50.60.6-12.6%
Portugal0.20.20.30.314.5%
Others0.3N/A0.1N/A-42.3%
Total3.74.34.74.89.1%

Top Suppliers of Battered Fish Fillet to Luxembourg in 2022:

  1. Belgium (369.3 tons)
  2. France (85.9 tons)
  3. Germany (80.1 tons)
  4. Portugal (58.7 tons)

Battered Fish Fillet Exports in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in overseas shipments of fish fillets in batter or breadcrumbs, which increased by 33% to 16 tons in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, battered fish fillet exports soared to $200K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Battered Fish Fillet in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium64.788.894.112022.9%
France29.035.738.764.830.7%
Germany13.915.215.914.41.2%
Others3.11.12.50.7-39.1%
Total11114115120021.7%

Top Export Markets for Battered Fish Fillet from Luxembourg in 2022:

  1. Belgium (9.5 tons)
  2. France (5.1 tons)
  3. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the battered fish fillet market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)

Country coverage:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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