Spain - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Price in Spain - 2023
Contents:
- Frozen Fish Price in Spain (CIF) - 2022
- Frozen Fish Price in Spain (FOB) - 2022
- Frozen Fish Imports in Spain
- Frozen Fish Exports in Spain
Frozen Fish Price in Spain (CIF) - 2022
In 2022, the average frozen fish import price amounted to $3,701 per ton, surging by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. 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 2022, amid the top importers, the country with the highest price was Chile ($6,693 per ton), while the price for Morocco ($1,144 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Price in Spain (FOB) - 2022
The average frozen fish export price stood at $3,194 per ton in 2022, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($6,648 per ton), while the average price for exports to South Africa ($658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Imports in Spain
For the third consecutive year, Spain recorded decline in purchases abroad of frozen fish, which decreased by -6.1% to 435K tons in 2022. In general, imports showed a abrupt slump. The smallest decline of -0.9% was in 2021.
In value terms, frozen fish imports expanded significantly to $1.6B in 2022. Overall, imports showed a slight decline.
| Import of Frozen Fish in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 76.6 | 154 | 194 | 225 | 43.2% |
| Portugal | 95.7 | 89.8 | 125 | 142 | 14.1% |
| China | 141 | 111 | 98.9 | 135 | -1.4% |
| Mexico | 70.0 | 59.3 | 83.9 | 94.7 | 10.6% |
| Chile | 68.3 | 72.6 | 58.1 | 81.4 | 6.0% |
| South Africa | 74.7 | 99.4 | 95.6 | 78.3 | 1.6% |
| United States | 75.8 | 72.2 | 65.7 | 67.1 | -4.0% |
| Seychelles | 31.6 | 31.8 | 39.0 | 62.7 | 25.7% |
| Argentina | 44.2 | 45.4 | 45.2 | 44.6 | 0.3% |
| Morocco | 41.5 | 40.3 | 48.8 | 42.3 | 0.6% |
| Panama | 27.3 | 15.4 | 18.9 | 35.2 | 8.8% |
| Guatemala | 22.8 | 22.5 | 31.2 | 32.1 | 12.1% |
| El Salvador | 28.5 | 23.8 | 31.2 | 31.9 | 3.8% |
| Others | 873 | 521 | 499 | 538 | -14.9% |
| Total | 1,671 | 1,359 | 1,434 | 1,611 | -1.2% |
Top Suppliers of Frozen Fish to Spain in 2022:
- Netherlands (57.0K tons)
- Portugal (38.1K tons)
- Morocco (37.0K tons)
- China (27.4K tons)
- Seychelles (23.3K tons)
- South Africa (20.3K tons)
- United States (18.4K tons)
- Mexico (17.2K tons)
- El Salvador (13.9K tons)
- Argentina (13.6K tons)
- Guatemala (12.2K tons)
- Chile (12.2K tons)
- Panama (11.7K tons)
Frozen Fish Exports in Spain
Frozen fish exports from Spain dropped slightly to 437K tons in 2022, which is down by -4.4% compared with 2021. Over the period under review, exports continue to indicate a perceptible reduction. The smallest decline of -0.1% was in 2020.
In value terms, frozen fish exports expanded rapidly to $1.4B in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Frozen Fish in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 232 | 218 | 291 | 303 | 9.3% |
| Portugal | 205 | 210 | 213 | 224 | 3.0% |
| France | 58.2 | 62.6 | 81.4 | 89.5 | 15.4% |
| China | 72.7 | 54.2 | 62.5 | 62.9 | -4.7% |
| Ecuador | 85.9 | 44.4 | 77.4 | 62.4 | -10.1% |
| Seychelles | 19.8 | 36.5 | 29.0 | 36.9 | 23.1% |
| Mauritius | 38.3 | 31.7 | 27.7 | 33.4 | -4.5% |
| Morocco | 26.1 | 23.1 | 34.9 | 31.2 | 6.1% |
| Thailand | 9.2 | 10.8 | 6.7 | 24.3 | 38.2% |
| Ukraine | 28.5 | 26.8 | 38.0 | 21.9 | -8.4% |
| Cabo Verde | 17.2 | 19.0 | 14.8 | 19.8 | 4.8% |
| Turkey | 13.5 | 9.6 | 16.9 | 13.8 | 0.7% |
| South Africa | 2.3 | 3.2 | 5.6 | 7.1 | 45.6% |
| Others | 357 | 371 | 386 | 464 | 9.1% |
| Total | 1,165 | 1,120 | 1,284 | 1,394 | 6.2% |
Top Export Markets for Frozen Fish from Spain in 2022:
- Portugal (65.8K tons)
- Italy (45.6K tons)
- Ecuador (40.3K tons)
- Mauritius (24.4K tons)
- Morocco (20.0K tons)
- Seychelles (19.6K tons)
- France (15.6K tons)
- Thailand (15.5K tons)
- Ukraine (11.0K tons)
- South Africa (10.8K tons)
- China (10.5K tons)
- Cabo Verde (10.1K tons)
- Turkey (9.4K tons)
This report provides an in-depth analysis of the frozen fish market in Spain. 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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