Frozen Fish Fillet Market
Frozen fish fillet market: enjoy the most recent data powered by an Ai-driven BI platform. Information provide trade, imports, market size, exports, companies, consumption, market prices, and production. Here is a split by country, including EU, the U.K., China, the U.S., the Middle East, Russia, Latin America, and Africa. Market insights and forecast to 2030 are also featured in the snapshots.
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Frozen Fish Fillet - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | Japan |
3 | China |
4 | United Kingdom |
5 | Germany |
In value terms, the United States led the market, alone. The second position in the ranking was occupied by Japan. It was followed by China.
In the United States, the frozen fish fillet market remained relatively stable over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (-4.8% per year) and China (-2.4% per year).
Frozen Fish Fillet Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Vietnam | 3311 | 3022 | 2599 | -11.4% |
Argentina | 3469 | 3299 | 2830 | -9.7% |
United States | 3744 | 4184 | 4234 | 6.3% |
Russia | 4458 | 4554 | 4500 | 0.5% |
China | 4724 | 4729 | 4732 | 0.1% |
Namibia | 4642 | 4578 | 5238 | 6.2% |
Netherlands | 5617 | 5692 | 5703 | 0.8% |
Iceland | n/a | n/a | 5830 | 0.0% |
Germany | 5806 | 5999 | 6032 | 1.9% |
Norway | 6658 | 6984 | 6818 | 1.2% |
Poland | 8291 | 7642 | 7450 | -5.2% |
Denmark | 6880 | 7214 | 7775 | 6.3% |
Chile | 9679 | 9788 | 8490 | -6.3% |
Average | 5096 | 5003 | 4988 | -1.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Chile ($8,490 per ton), while Vietnam ($2,599 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Sweden | 7755 | 7206 | 7526 | -1.5% |
Japan | 7353 | 7287 | 7454 | 0.7% |
United States | 6798 | 6928 | 6370 | -3.2% |
Italy | 5934 | 5973 | 6285 | 2.9% |
Canada | 5365 | 6189 | 6283 | 8.2% |
United Kingdom | 5749 | 6350 | 6184 | 3.7% |
France | 5377 | 5831 | 5875 | 4.5% |
Netherlands | 4731 | 4985 | 5332 | 6.2% |
Spain | 4979 | 4867 | 5232 | 2.5% |
Germany | 4314 | 4565 | 4872 | 6.3% |
South Korea | 3393 | 3782 | 3654 | 3.8% |
Poland | 3237 | 3415 | 3303 | 1.0% |
Brazil | 3399 | 3511 | 2990 | -6.2% |
Average | 5189 | 5351 | 5413 | 2.1% |
Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($7,526 per ton), while Brazil ($2,990 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Frozen Fish Fillet - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 4 | 3.7 | 3.4 | -6.9% |
Japan | 1.9 | 1.8 | 1.7 | -4.7% |
Germany | 1.4 | 1.6 | 1.3 | -5.8% |
United Kingdom | 0.9 | 1 | 1 | 5.1% |
France | 0.9 | 0.9 | 0.8 | -2.7% |
In value terms, the United States ($3.4B), Japan ($1.7B) and Germany ($1.3B) appeared to be the countries with the highest levels of imports in 2020, with a combined 44% share of global imports. These countries were followed by the UK, France, the Netherlands, Spain, Italy, Poland, Sweden, Canada, South Korea and Brazil, which together accounted for a further 37%.
The Netherlands saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Frozen Fish Fillet - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 4 | 3.8 | 4.1 | 1.6% |
Vietnam | 2.2 | 2.2 | 1.6 | -14.6% |
Chile | 1 | 1 | 1 | -2.4% |
Norway | 0.8 | 0.8 | 0.9 | 6.2% |
United States | 0.8 | 0.7 | 0.7 | -6.4% |
In value terms, China ($4.1B) remains the largest frozen fish fillet supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by Vietnam ($1.6B), with a 11% share of global exports. It was followed by Chile, with a 6.6% share.
In China, frozen fish fillet exports expanded at an average annual rate of +1.6% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Vietnam (-14.6% per year) and Chile (-2.4% per year).
Frozen Fish Fillet - Market Forecast
Driven by rising demand for frozen fish fillet worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Frozen Fish Fillet - Product Coverage
- HS 030421 - Fish; swordfish (Xiphias gladius), fillets, frozen
- HS 030422 - Fish; toothfish (Dissostichus spp.), fillets, frozen
- HS 030429 - Fish; fillets, frozen, other than swordfish (Xiphias gladius) and toothfish (Dissostichus spp.)
- HS 030461 - Fish fillets; frozen, tilapias (Oreochromis spp.)
- HS 030462 - Fish fillets; frozen, catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.)
- HS 030463 - Fish fillets; frozen, Nile Perch (Lates niloticus)
- HS 030469 - Fish fillets; frozen, carp (Cyprinus/Carassius/Ctenopharyngodon idellus/Hypophthalmichthys/Cirrhinus/Mylopharyngodon piceus/Catla catla/Labeo/Osteochilus hasselti/Leptobarbus hoeveni/Megalobrama), eels (Anguilla) and snakeheads (Channa)
- HS 030471 - Fish fillets; frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)
- HS 030472 - Fish fillets; frozen, haddock (Melanogrammus aeglefinus)
- HS 030473 - Fish fillets; frozen, coalfish (Pollachius virens)
- HS 030474 - Fish fillets; frozen, hake (Merluccius spp., Urophycis spp.)
- HS 030475 - Fish fillets; frozen, Alaska pollack (Theragra chalcogramma)
- HS 030479 - Fish fillets; frozen, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae other than cod, haddock, coalfish, hake, and Alaska pollack
- HS 030481 - Fish fillets; frozen, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou, Oncorhynchus rhodurus), Atlantic (Salmo salar), and Danube (Hucho hucho)
- HS 030482 - Fish fillets; frozen, trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
- HS 030483 - Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae)
- HS 030484 - Fish fillets; frozen, swordfish (Xiphias gladius)
- HS 030485 - Fish fillets; frozen, toothfish (Dissostichus spp.)
- HS 030486 - Fish fillets; frozen, herrings (Clupea harengus, Clupea pallasii)
- HS 030487 - Fish fillets; frozen, tunas (of the genus Thunnus), skipjack or stripe-bellied bonito (Euthynnus (Katsuwonus) pelamis)
- HS 030488 - Fish fillets; frozen, dogfish, other sharks, rays and skates (Rajidae)
- HS 030489 - Fish fillets; frozen, of fish n.e.c. in heading 0304.8
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