Denmark - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Denmark - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Atlantic Halibut Price in Denmark - 2023

Contents:

  1. Frozen Atlantic Halibut Price in Denmark (FOB) - 2023
  2. Frozen Atlantic Halibut Price in Denmark (CIF) - 2023
  3. Frozen Atlantic Halibut Exports in Denmark
  4. Frozen Atlantic Halibut Imports in Denmark

Frozen Atlantic Halibut Price in Denmark (FOB) - 2023

The average frozen atlantic halibut export price stood at $7,095 per ton in June 2023, flattening at the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the maximum at $7,179 per ton in May 2023, and then declined slightly in the following month.

Average prices varied noticeably for the major export markets. In June 2023, the countries with the highest prices were the Netherlands ($8,293 per ton) and Germany ($7,478 per ton), while the average price for exports to Poland ($6,749 per ton) and China ($6,893 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Atlantic Halibut Price in Denmark (CIF) - 2023

In June 2023, the average frozen atlantic halibut import price amounted to $6,225 per ton, increasing by 6.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in February 2023 an increase of 9.4% against the previous month. As a result, import price reached the peak level of $6,632 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Faroe Islands ($6,888 per ton), while the price for Greenland ($6,159 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 Faroe Islands (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Atlantic Halibut Exports in Denmark

In 2022, the amount of frozen atlantic halibut exported from Denmark reached 45K tons, growing by 5.5% compared with 2021 figures. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen atlantic halibut exports skyrocketed to $303M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Atlantic Halibut in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2031571582111.3%
Taiwan (Chinese)31.027.944.154.921.0%
Germany10.512.715.514.511.4%
Poland5.15.38.77.513.7%
Others18.317.215.415.1-6.2%
Total2682202423034.2%

Top Export Markets for Frozen Atlantic Halibut from Denmark in 2022:

  1. China (31.7K tons)
  2. Taiwan (Chinese) (7.3K tons)
  3. Germany (2.0K tons)
  4. Poland (1.2K tons)

Frozen Atlantic Halibut Imports in Denmark

Frozen atlantic halibut imports into Denmark declined to 39K tons in 2022, with a decrease of -7.3% against the year before. In general, imports saw a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 6% against the previous year.

In value terms, frozen atlantic halibut imports stood at $242M in 2022. Overall, imports continue to indicate a slight downturn.

Import of Frozen Atlantic Halibut in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greenland190175173187-0.5%
Canada57.531.037.547.2-6.4%
Faroe Islands3.67.53.93.4-1.9%
Others4.54.35.44.50.0%
Total255218219242-1.7%

Top Suppliers of Frozen Atlantic Halibut to Denmark in 2022:

  1. Greenland (30.7K tons)
  2. Canada (6.8K tons)
  3. Faroe Islands (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen atlantic halibut market in Denmark. 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 2025.

Product coverage:

    Country coverage:

    • Denmark

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Denmark
    • 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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    Free Data: Fish; halibut (reinhardtius hippoglossoides, hippoglossus hippoglossus, hippoglossus stenolepis), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304) - Denmark