Luxembourg - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Luxembourg - 2023
Contents:
- Frozen Fish Fillet Price in Luxembourg (CIF) - 2023
- Frozen Fish Fillet Price in Luxembourg (FOB) - 2022
- Frozen Fish Fillet Imports in Luxembourg
- Frozen Fish Fillet Exports in Luxembourg
Frozen Fish Fillet Price in Luxembourg (CIF) - 2023
In June 2023, the average frozen fish fillet import price amounted to $12,360 per ton, reducing by -7.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in December 2022 an increase of 13% month-to-month. The import price peaked at $13,353 per ton in May 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($15,559 per ton), while the price for Portugal ($6,922 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 France (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Fillet Price in Luxembourg (FOB) - 2022
The average frozen fish fillet export price stood at $13,479 per ton in 2022, dropping by -1.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $13,723 per ton in 2021, and then reduced in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($15,542 per ton) and Belgium ($13,473 per ton), while the average price for exports to France ($12,260 per ton) and Azerbaijan ($12,799 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Fish Fillet Imports in Luxembourg
In 2022, supplies from abroad of frozen fish fillet decreased by -2.6% to 715 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 9% against the previous year. As a result, imports attained the peak of 753 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, frozen fish fillet imports amounted to $7.5M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Frozen Fish Fillet in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.4 | 3.5 | 3.3 | 3.2 | 31.7% |
| France | 1.2 | 1.7 | 1.9 | 2.0 | 18.6% |
| Germany | 0.4 | 1.1 | 1.3 | 1.5 | 55.4% |
| Portugal | 0.5 | 0.6 | 0.5 | 0.5 | 0.0% |
| Netherlands | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
| China | 0.6 | N/A | N/A | N/A | 0% |
| Others | 1.8 | N/A | N/A | N/A | 0% |
| Total | 6.3 | 7.2 | 7.4 | 7.5 | 6.0% |
Top Suppliers of Frozen Fish Fillet to Luxembourg in 2022:
- Belgium (305.7 tons)
- France (155.0 tons)
- Germany (121.8 tons)
- Portugal (84.2 tons)
- Netherlands (46.0 tons)
Frozen Fish Fillet Exports in Luxembourg
In 2022, approx. 27 tons of frozen fish fillet were exported from Luxembourg; increasing by 6.8% against the previous year. Over the period under review, exports, however, recorded a abrupt contraction.
In value terms, frozen fish fillet exports totaled $366K in 2022. Overall, exports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 7.7%.
| Export of Frozen Fish Fillet in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 185 | 145 | 164 | 160 | -4.7% |
| France | 97.9 | 87.1 | 98.8 | 114 | 5.2% |
| Germany | 63.8 | 58.7 | 76.5 | 87.9 | 11.3% |
| Azerbaijan | 98.8 | 30.5 | 7.6 | 3.8 | -66.2% |
| Others | 13.4 | 2.7 | 1.6 | N/A | -65.4% |
| Total | 459 | 324 | 349 | 366 | -7.3% |
Top Export Markets for Frozen Fish Fillet from Luxembourg in 2022:
- Belgium (11.9 tons)
- France (9.3 tons)
- Germany (5.7 tons)
- Azerbaijan (0.3 tons)
This report provides an in-depth analysis of the frozen fish fillet market in Luxembourg. 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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
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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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