Italy - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Atlantic Halibut Price in Italy - 2023
Contents:
- Frozen Atlantic Halibut Price in Italy (CIF) - 2023
- Frozen Atlantic Halibut Price in Italy (FOB) - 2022
- Frozen Atlantic Halibut Imports in Italy
- Frozen Atlantic Halibut Exports in Italy
Frozen Atlantic Halibut Price in Italy (CIF) - 2023
The average frozen atlantic halibut import price stood at $6,524 per ton in May 2023, dropping by -7.8% against the previous month. Overall, import price indicated a measured increase from May 2022 to May 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, frozen atlantic halibut import price increased by +13.6% against February 2023 indices. The pace of growth was the most pronounced in September 2022 when the average import price increased by 52% month-to-month. Over the period under review, average import prices reached the peak figure at $8,345 per ton in October 2022; however, from November 2022 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Portugal ($9,874 per ton), while the price for the Netherlands ($3,836 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Atlantic Halibut Price in Italy (FOB) - 2022
The average frozen atlantic halibut export price stood at $5,487 per ton in 2022, reducing by -57.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 257% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,900 per ton in 2021, and then declined remarkably in the following year.
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 France ($14,636 per ton), while the average price for exports to Greece ($2,967 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 Spain (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Atlantic Halibut Imports in Italy
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen atlantic halibut, when their volume decreased by -8.3% to 113 tons. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 161% against the previous year. As a result, imports reached the peak of 123 tons, and then declined in the following year.
In value terms, frozen atlantic halibut imports fell modestly to $840K in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 152% against the previous year. As a result, imports reached the peak of $857K, and then dropped modestly in the following year.
| Import of Frozen Atlantic Halibut in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 37.6 | 74.9 | 546 | 499 | 136.8% |
| Netherlands | 30.7 | 50.0 | 79.7 | 144 | 67.4% |
| Portugal | 124 | 188 | 114 | 99.5 | -7.1% |
| Germany | 16.2 | 25.1 | 90.6 | 87.2 | 75.3% |
| Others | 2.9 | 2.7 | 25.7 | 9.7 | 49.6% |
| Total | 211 | 340 | 857 | 840 | 58.5% |
Top Suppliers of Frozen Atlantic Halibut to Italy in 2022:
- Spain (59.7 tons)
- Netherlands (21.5 tons)
- Germany (19.0 tons)
- Portugal (10.6 tons)
Frozen Atlantic Halibut Exports in Italy
In 2022, after two years of decline, there was significant growth in shipments abroad of frozen atlantic halibut, when their volume increased by 108% to 1.7 tons. Overall, exports, however, recorded a sharp curtailment.
In value terms, frozen atlantic halibut exports reduced to $9.2K in 2022. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 132% against the previous year. As a result, the exports attained the peak of $30K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Atlantic Halibut in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.8 | N/A | N/A | 8.2 | 6.4% |
| Greece | 3.0 | N/A | 0.6 | 0.4 | -48.9% |
| France | 2.5 | 3.7 | 4.8 | 0.1 | -65.8% |
| Slovenia | 0.7 | 2.6 | 2.1 | 0.1 | -47.7% |
| Hungary | N/A | N/A | 2.9 | 0.1 | -96.6% |
| Eritrea | N/A | 23.5 | N/A | N/A | 0% |
| Others | N/A | 0.4 | N/A | 0.3 | -13.4% |
| Total | 13.0 | 30.2 | 10.4 | 9.2 | -10.9% |
Top Export Markets for Frozen Atlantic Halibut from Italy in 2022:
- Spain (1509.0 kg)
- Greece (138.0 kg)
- Hungary (7.0 kg)
- France (6.0 kg)
- Slovenia (1.0 kg)
This report provides an in-depth analysis of the frozen atlantic halibut market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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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