Denmark - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Denmark - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Fish Meat Price in Denmark - 2023

Contents:

  1. Frozen Fish Meat Price in Denmark (FOB) - 2023
  2. Frozen Fish Meat Price in Denmark (CIF) - 2023
  3. Frozen Fish Meat Exports in Denmark
  4. Frozen Fish Meat Imports in Denmark

Frozen Fish Meat Price in Denmark (FOB) - 2023

The average frozen fish meat export price stood at $3,889 per ton in July 2023, picking up by 6.7% against the previous month. In general, export price indicated resilient growth from July 2022 to July 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, frozen fish meat export price increased by +35.2% against April 2023 indices. The pace of growth was the most pronounced in October 2022 when the average export price increased by 50% month-to-month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was France ($9,891 per ton), while the average price for exports to Norway ($742 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 France (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Meat Price in Denmark (CIF) - 2023

In July 2023, the average frozen fish meat import price amounted to $5,137 per ton, with an increase of 38% against the previous month. Over the period under review, import price indicated pronounced growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, frozen fish meat import price increased by +60.0% against May 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Iceland ($16,222 per ton), while the price for Lithuania ($1,996 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 Spain (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Fish Meat Exports in Denmark

In 2022, shipments abroad of frozen fish meat decreased by -15.3% to 11K 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 +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 45%. As a result, the exports reached the peak of 14K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen fish meat exports rose significantly to $28M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +27.4% 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 +106.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 83%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Frozen Fish Meat in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.13.73.94.964.5%
Germany1.55.84.74.544.2%
Poland0.22.12.72.6135.1%
Spain0.91.52.62.540.6%
Italy0.40.71.51.658.7%
Finland0.40.40.91.451.8%
Norway1.41.41.81.3-2.4%
Lithuania0.80.81.11.214.5%
Russia0.60.8N/A1.122.4%
Netherlands0.71.11.00.70.0%
Thailand0.20.60.20.535.7%
Estonia0.80.60.20.1-50.0%
Others4.75.64.45.97.9%
Total13.825.125.128.527.3%

Top Export Markets for Frozen Fish Meat from Denmark in 2022:

  1. Norway (3663.5 tons)
  2. Germany (1166.1 tons)
  3. Poland (1075.5 tons)
  4. France (1072.8 tons)
  5. Finland (695.1 tons)
  6. Spain (646.0 tons)
  7. Russia (602.9 tons)
  8. Lithuania (436.4 tons)
  9. Thailand (230.7 tons)
  10. Netherlands (206.4 tons)
  11. Italy (200.5 tons)
  12. Estonia (183.6 tons)

Frozen Fish Meat Imports in Denmark

In 2022, approx. 6.4K tons of frozen fish meat were imported into Denmark; growing by 3.9% on the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%. As a result, imports reached the peak of 8.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen fish meat imports amounted to $19M in 2022. In general, imports, however, recorded a slight setback. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Frozen Fish Meat in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greenland1.41.91.93.839.5%
Germany1.43.32.63.130.3%
Iceland1.02.22.02.332.0%
Norway0.93.12.42.030.5%
Poland0.71.52.11.734.4%
Faroe Islands7.95.43.71.4-43.8%
Chile2.91.71.00.9-32.3%
LithuaniaN/AN/AN/A0.70%
SpainN/A0.20.30.558.1%
France0.10.30.20.458.7%
Netherlands0.20.40.40.314.5%
IrelandN/A0.30.10.2-18.4%
United Kingdom2.70.6N/AN/A-77.8%
Others0.40.90.71.348.1%
Total19.522.017.518.7-1.4%

Top Suppliers of Frozen Fish Meat to Denmark in 2022:

  1. Greenland (1349.7 tons)
  2. Norway (1047.7 tons)
  3. Iceland (881.9 tons)
  4. Germany (652.3 tons)
  5. Poland (543.2 tons)
  6. Faroe Islands (463.0 tons)
  7. Spain (341.5 tons)
  8. Lithuania (240.1 tons)
  9. France (239.4 tons)
  10. Chile (182.5 tons)
  11. Ireland (122.3 tons)
  12. Netherlands (111.8 tons)
  13. United Kingdom (19.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen fish meat 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 10201500 - Frozen fish meat without bones (excluding 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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