Frozen Tilapia Fillets Price in Denmark - 2023
Contents:
- Frozen Tilapia Fillets Price in Denmark (FOB) - 2022
- Frozen Tilapia Fillets Price in Denmark (CIF) - 2023
- Frozen Tilapia Fillets Exports in Denmark
- Frozen Tilapia Fillets Imports in Denmark
Frozen Tilapia Fillets Price in Denmark (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $8,473 per ton, rising by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2017 an increase of 15% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Poland ($15,382 per ton), while the average price for exports to the UK ($6,297 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 Poland (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapia Fillets Price in Denmark (CIF) - 2023
The average frozen tilapia fillets import price stood at $4,875 per ton in June 2023, falling by -2.4% against the previous month. Over the period under review, the import price recorded a mild setback. The pace of growth was the most pronounced in September 2022 when the average import price increased by 46% month-to-month. As a result, import price attained the peak level of $7,660 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($23,873 per ton), while the price for China ($3,850 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 Germany (+3.7%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapia Fillets Exports in Denmark
In 2022, approx. 71 tons of frozen tilapia fillets were exported from Denmark; reducing by -34.8% on the previous year's figure. Overall, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 14%.
In value terms, frozen tilapia fillets exports fell notably to $598K in 2022. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year.
Export of Frozen Tilapia Fillets in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 493 | 457 | 534 | 280 | -17.2% |
Sweden | 19.4 | 26.6 | 82.9 | 105 | 75.6% |
Austria | 121 | 84.7 | 105 | 85.7 | -10.9% |
Germany | 80.3 | 52.1 | 51.1 | 46.3 | -16.8% |
Poland | 0.8 | N/A | N/A | 23.3 | 207.7% |
Finland | 36.7 | 38.4 | 26.5 | 16.8 | -22.9% |
United Kingdom | 77.8 | 15.0 | N/A | 11.6 | -47.0% |
Others | 144 | 20.8 | 48.4 | 28.1 | -42.0% |
Total | 974 | 695 | 848 | 598 | -15.0% |
Top Export Markets for Frozen Tilapia Fillets from Denmark in 2022:
- Italy (37.1 tons)
- Austria (9.6 tons)
- Sweden (8.8 tons)
- Germany (6.0 tons)
- Finland (2.3 tons)
- United Kingdom (1.8 tons)
- Poland (1.5 tons)
Frozen Tilapia Fillets Imports in Denmark
In 2022, after two years of decline, there was significant growth in overseas purchases of frozen tilapia fillets, when their volume increased by 28% to 90 tons. In general, imports, however, showed a deep setback.
In value terms, frozen tilapia fillets imports surged to $586K in 2022. Overall, imports, however, showed a abrupt contraction.
Import of Frozen Tilapia Fillets in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 352 | 230 | 140 | 180 | -20.0% |
China | 418 | 172 | 166 | 155 | -28.2% |
India | N/A | N/A | 1.1 | 104 | 9354.5% |
Netherlands | 26.9 | 15.5 | 8.2 | 65.3 | 34.4% |
Germany | 25.5 | 54.6 | 137 | 62.7 | 35.0% |
Others | 10.8 | 31.0 | 8.4 | 19.3 | 21.4% |
Total | 833 | 502 | 460 | 586 | -11.1% |
Top Suppliers of Frozen Tilapia Fillets to Denmark in 2022:
- China (28.2 tons)
- Poland (25.4 tons)
- India (18.8 tons)
- Netherlands (12.7 tons)
- Germany (2.8 tons)
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