Denmark - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Denmark - 2023
Contents:
- Frozen Fish Fillet Price in Denmark (FOB) - 2023
- Frozen Fish Fillet Price in Denmark (CIF) - 2023
- Frozen Fish Fillet Exports in Denmark
- Frozen Fish Fillet Imports in Denmark
Frozen Fish Fillet Price in Denmark (FOB) - 2023
The average frozen fish fillet export price stood at $12,005 per ton in July 2023, with a decrease of -4.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 11% month-to-month. Over the period under review, the average export prices reached the maximum at $12,604 per ton in June 2023, and then dropped in the following month.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Portugal ($19,302 per ton), while the average price for exports to Estonia ($1,641 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 Portugal (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Fillet Price in Denmark (CIF) - 2023
In July 2023, the average frozen fish fillet import price amounted to $9,126 per ton, reducing by -10.4% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 17% month-to-month. As a result, import price attained the peak level of $10,898 per ton. From January 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Faroe Islands ($14,655 per ton), while the price for Vietnam ($5,023 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 (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Fillet Exports in Denmark
In 2022, the amount of frozen fish fillet exported from Denmark rose modestly to 55K tons, increasing by 2.9% compared with 2021. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 70%. As a result, the exports reached the peak of 60K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, frozen fish fillet exports soared to $559M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Frozen Fish Fillet in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.9 | 124 | 96.5 | 140 | 46.1% |
| France | 12.7 | 48.2 | 53.9 | 70.0 | 76.6% |
| Italy | 24.7 | 40.3 | 52.9 | 63.6 | 37.1% |
| Israel | 17.2 | 12.6 | 21.0 | 35.7 | 27.6% |
| Poland | 17.8 | 19.7 | 25.5 | 33.5 | 23.5% |
| Spain | 8.4 | 33.9 | 36.7 | 32.2 | 56.5% |
| Sweden | 17.5 | 34.7 | 30.3 | 30.4 | 20.2% |
| United States | 10.3 | 12.5 | 21.3 | 26.7 | 37.4% |
| Portugal | 0.9 | 26.5 | 24.6 | 25.5 | 204.9% |
| Netherlands | 5.3 | 19.3 | 19.9 | 20.5 | 57.0% |
| Belgium | 8.0 | 18.7 | 12.2 | 15.2 | 23.9% |
| Australia | 23.2 | 14.5 | 10.2 | 11.3 | -21.3% |
| United Kingdom | 5.6 | 14.8 | 4.8 | 4.6 | -6.3% |
| Others | 80.8 | 38.5 | 41.4 | 50.6 | -14.4% |
| Total | 277 | 458 | 451 | 559 | 26.4% |
Top Export Markets for Frozen Fish Fillet from Denmark in 2022:
- Germany (12.8K tons)
- Italy (5.9K tons)
- Poland (5.9K tons)
- France (5.5K tons)
- Sweden (3.1K tons)
- Spain (3.1K tons)
- Israel (2.9K tons)
- Netherlands (2.4K tons)
- Portugal (2.3K tons)
- United States (1.9K tons)
- Belgium (1.5K tons)
- Australia (0.8K tons)
- United Kingdom (0.6K tons)
Frozen Fish Fillet Imports in Denmark
In 2022, frozen fish fillet imports into Denmark was estimated at 42K tons, rising by 3.7% on the previous year's figure. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, frozen fish fillet imports soared to $384M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Frozen Fish Fillet in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | 37.2 | 147 | 139 | 151 | 59.5% |
| Norway | 7.2 | 34.5 | 29.1 | 34.4 | 68.4% |
| Greenland | 35.2 | 33.7 | 32.5 | 33.1 | -2.0% |
| United States | 32.7 | 29.2 | 31.0 | 29.3 | -3.6% |
| Poland | 10.7 | 6.3 | 13.1 | 21.8 | 26.8% |
| Lithuania | 6.1 | 3.9 | 11.7 | 19.0 | 46.0% |
| Germany | 12.5 | 10.5 | 15.6 | 18.4 | 13.8% |
| Netherlands | 9.7 | 8.4 | 7.7 | 12.3 | 8.2% |
| Sweden | 2.9 | 1.9 | 1.3 | 9.1 | 46.4% |
| China | 8.5 | 6.1 | 4.7 | 7.7 | -3.2% |
| Iceland | 2.0 | 6.8 | 8.9 | 6.6 | 48.9% |
| Chile | 15.7 | 17.6 | 6.8 | 6.0 | -27.4% |
| Russia | 4.9 | 1.3 | 1.0 | 4.9 | 0.0% |
| Others | 28.9 | 20.8 | 23.1 | 30.5 | 1.8% |
| Total | 214 | 328 | 325 | 384 | 21.5% |
Top Suppliers of Frozen Fish Fillet to Denmark in 2022:
- Faroe Islands (12.2K tons)
- United States (5.6K tons)
- Norway (3.8K tons)
- Greenland (3.6K tons)
- Poland (3.0K tons)
- Lithuania (2.3K tons)
- Germany (2.1K tons)
- Netherlands (1.6K tons)
- China (1.1K tons)
- Iceland (1.0K tons)
- Sweden (0.9K tons)
- Russia (0.9K tons)
- Chile (0.6K tons)
This report provides an in-depth analysis of the frozen fish fillet 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 2030.
Product coverage:
- Prodcom 10201400 - Frozen fish fillets
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:
- 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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