Belgium - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Belgium - 2023
Contents:
- Frozen Fish Fillet Price in Belgium (CIF) - 2023
- Frozen Fish Fillet Price in Belgium (FOB) - 2023
- Frozen Fish Fillet Imports in Belgium
- Frozen Fish Fillet Exports in Belgium
Frozen Fish Fillet Price in Belgium (CIF) - 2023
In July 2023, the average frozen fish fillet import price amounted to $7,112 per ton, with a decrease of -10.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 32% m-o-m. Over the period under review, average import prices attained the peak figure at $7,944 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($20,817 per ton), while the price for Ecuador ($1,906 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 Poland (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Fillet Price in Belgium (FOB) - 2023
The average frozen fish fillet export price stood at $7,442 per ton in July 2023, declining by -2.5% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 12% month-to-month. Over the period under review, the average export prices attained the maximum at $7,824 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Italy ($16,684 per ton), while the average price for exports to Germany ($5,622 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Fillet Imports in Belgium
After three years of growth, supplies from abroad of frozen fish fillet decreased by -10.6% to 31K tons in 2022. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.
In value terms, frozen fish fillet imports declined slightly to $210M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $216M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Frozen Fish Fillet in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 35.7 | 42.0 | 49.4 | 49.1 | 11.2% |
| Vietnam | 14.6 | 22.4 | 16.7 | 33.4 | 31.8% |
| China | 48.2 | 58.9 | 62.3 | 27.7 | -16.9% |
| Denmark | 17.9 | 17.4 | 16.5 | 22.9 | 8.6% |
| Germany | 15.3 | 17.1 | 19.5 | 17.1 | 3.8% |
| Chile | 1.9 | 15.0 | 8.9 | 15.6 | 101.7% |
| France | 9.2 | 8.4 | 9.1 | 8.0 | -4.6% |
| Poland | 7.8 | 13.3 | 11.7 | 6.7 | -4.9% |
| United States | 1.7 | 1.5 | 1.1 | 6.3 | 54.7% |
| Indonesia | 0.8 | 2.1 | 2.4 | 3.3 | 60.4% |
| Others | 9.8 | 17.7 | 17.9 | 19.6 | 26.0% |
| Total | 163 | 216 | 216 | 210 | 8.8% |
Top Suppliers of Frozen Fish Fillet to Belgium in 2022:
- Netherlands (7.2K tons)
- Vietnam (6.3K tons)
- China (5.3K tons)
- Denmark (2.8K tons)
- Germany (2.3K tons)
- Chile (1.3K tons)
- France (1.1K tons)
- United States (1.0K tons)
- Poland (0.6K tons)
- Indonesia (0.5K tons)
Frozen Fish Fillet Exports in Belgium
In 2022, shipments abroad of frozen fish fillet decreased by -0.5% to 12K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 49% against the previous year. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, frozen fish fillet exports rose rapidly to $85M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.3% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Frozen Fish Fillet in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.1 | 38.8 | 30.5 | 32.9 | 53.5% |
| Netherlands | 16.9 | 18.9 | 16.1 | 20.5 | 6.6% |
| Germany | 10.3 | 9.9 | 8.5 | 11.7 | 4.3% |
| Luxembourg | 4.2 | 4.0 | 3.8 | 4.0 | -1.6% |
| Denmark | 0.4 | 1.6 | 1.2 | 2.7 | 89.0% |
| United Kingdom | 0.1 | 0.2 | 8.8 | 2.3 | 184.4% |
| Spain | 0.3 | 0.8 | 1.6 | 2.2 | 94.3% |
| Italy | 4.0 | 0.7 | 0.8 | 1.1 | -35.0% |
| Brazil | N/A | N/A | N/A | 1.0 | 0% |
| Others | 5.8 | 7.5 | 6.3 | 6.9 | 6.0% |
| Total | 51.1 | 82.4 | 77.6 | 85.4 | 18.7% |
Top Export Markets for Frozen Fish Fillet from Belgium in 2022:
- France (4.8K tons)
- Netherlands (2.6K tons)
- Germany (1.9K tons)
- Spain (0.5K tons)
- Denmark (0.4K tons)
- Luxembourg (0.4K tons)
- United Kingdom (0.4K tons)
- Brazil (0.2K tons)
- Italy (0.1K tons)
This report provides an in-depth analysis of the frozen fish fillet market in Belgium. 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 10201400 - Frozen fish fillets
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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