Finland - Fresh Or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Fish Fillet Price in Finland - 2023
Contents:
- Fresh Fish Fillet Price in Finland (CIF) - 2023
- Fresh Fish Fillet Price in Finland (FOB) - 2022
- Fresh Fish Fillet Imports in Finland
- Fresh Fish Fillet Exports in Finland
Fresh Fish Fillet Price in Finland (CIF) - 2023
In July 2023, the average fresh fish fillet import price amounted to $12,517 per ton, dropping by -5.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 20% m-o-m. Over the period under review, average import prices attained the maximum at $15,301 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Iceland ($19,737 per ton), while the price for the Netherlands ($10,279 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Fish Fillet Price in Finland (FOB) - 2022
In 2022, the average fresh fish fillet export price amounted to $10,747 per ton, leveling off at the previous year. Over the period under review, the export price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs at $15,785 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($15,295 per ton), while the average price for exports to France ($9,813 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 (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Fish Fillet Imports in Finland
In 2022, the amount of fresh or chilled fish fillets imported into Finland totaled 4.1K tons, approximately mirroring 2021. Over the period under review, imports, however, showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 5.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fresh fish fillet imports skyrocketed to $50M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh Fish Fillet in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 37.7 | 9.7 | 3.6 | 22.9 | -15.3% |
| Sweden | 2.1 | 30.0 | 30.4 | 21.8 | 118.1% |
| Netherlands | 0.7 | 1.8 | 1.9 | 2.3 | 48.7% |
| Estonia | 2.3 | 1.9 | 2.4 | 1.2 | -19.5% |
| Others | 4.1 | 1.6 | 1.3 | 1.7 | -25.4% |
| Total | 47.0 | 45.0 | 39.6 | 50.0 | 2.1% |
Top Suppliers of Fresh Fish Fillet to Finland in 2022:
- Norway (1965.9 tons)
- Sweden (1698.9 tons)
- Netherlands (225.0 tons)
- Estonia (76.8 tons)
Fresh Fish Fillet Exports in Finland
In 2022, the amount of fresh or chilled fish fillets exported from Finland expanded notably to 599 tons, growing by 13% on the previous year's figure. In general, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 342% against the previous year. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fresh fish fillet exports amounted to $6.4M in 2022. Overall, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2020 when exports increased by 172%. As a result, the exports reached the peak of $18M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Fresh Fish Fillet in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.6 | 3.2 | 2.8 | 4.5 | -0.7% |
| France | N/A | N/A | N/A | 0.7 | 0% |
| Estonia | 1.7 | 3.9 | 2.7 | 0.5 | -33.5% |
| Poland | N/A | N/A | N/A | 0.3 | 0% |
| Armenia | N/A | N/A | N/A | 0.2 | 0% |
| Belarus | N/A | 11.0 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Total | 6.7 | 18.3 | 5.7 | 6.4 | -1.5% |
Top Export Markets for Fresh Fish Fillet from Finland in 2022:
- Sweden (423.5 tons)
- France (68.9 tons)
- Estonia (40.5 tons)
- Poland (32.6 tons)
- Armenia (14.1 tons)
This report provides an in-depth analysis of the fresh fish fillet market in Finland. 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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