Frozen Tilapia Fillets Price in Germany - 2023
Contents:
- Frozen Tilapia Fillets Price in Germany (CIF) - 2023
- Frozen Tilapia Fillets Price in Germany (FOB) - 2023
- Frozen Tilapia Fillets Imports in Germany
- Frozen Tilapia Fillets Exports in Germany
Frozen Tilapia Fillets Price in Germany (CIF) - 2023
In June 2023, the average frozen tilapia fillets import price amounted to $4,977 per ton, stabilizing at the previous month. Overall, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in November 2022 an increase of 20% m-o-m. Over the period under review, average import prices hit record highs at $6,075 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($14,821 per ton), while the price for China ($4,494 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 Indonesia (+2.8%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapia Fillets Price in Germany (FOB) - 2023
In June 2023, the average frozen tilapia fillets export price amounted to $7,684 per ton, surging by 5.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in November 2022 an increase of 22% against the previous month. The export price peaked in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Sweden ($16,647 per ton), while the average price for exports to Belgium ($6,390 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapia Fillets Imports in Germany
In 2022, overseas purchases of frozen tilapia fillets were finally on the rise to reach 3.4K tons after two years of decline. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapia fillets imports soared to $20M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Tilapia Fillets in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 4.3 | 3.4 | 12.7 | 36.4% |
| Netherlands | 1.9 | 2.8 | 3.6 | 4.1 | 29.2% |
| Indonesia | 3.0 | 3.5 | 2.8 | 1.9 | -14.1% |
| Taiwan (Chinese) | 1.1 | 0.7 | 1.1 | 1.0 | -3.1% |
| Others | 0.2 | 0.3 | 0.3 | 0.7 | 51.8% |
| Total | 11.3 | 11.5 | 11.1 | 20.4 | 21.8% |
Top Suppliers of Frozen Tilapia Fillets to Germany in 2022:
- China (2319.9 tons)
- Netherlands (627.9 tons)
- Indonesia (253.5 tons)
- Taiwan (Chinese) (57.0 tons)
Frozen Tilapia Fillets Exports in Germany
In 2022, approx. 414 tons of frozen tilapia fillets were exported from Germany; dropping by -28.7% against 2021. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.7%.
In value terms, frozen tilapia fillets exports contracted to $2.9M in 2022. In general, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.
| Export of Frozen Tilapia Fillets in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,041 | 724 | 849 | 998 | -1.4% |
| Belgium | 21.8 | 33.1 | 99.9 | 359 | 154.4% |
| Sweden | 176 | 183 | 175 | 203 | 4.9% |
| Netherlands | 211 | 165 | 439 | 193 | -2.9% |
| Czech Republic | 745 | 886 | 458 | 190 | -36.6% |
| Hungary | 3.5 | 3.5 | 82.0 | 178 | 270.5% |
| Denmark | 209 | 134 | 179 | 153 | -9.9% |
| Slovakia | 2.5 | 59.9 | 330 | 117 | 260.4% |
| Italy | 51.8 | 30.1 | 23.6 | 40.4 | -8.0% |
| Switzerland | 205 | 180 | 141 | 35.7 | -44.2% |
| Others | 564 | 225 | 348 | 388 | -11.7% |
| Total | 3,231 | 2,623 | 3,126 | 2,854 | -4.1% |
Top Export Markets for Frozen Tilapia Fillets from Germany in 2022:
- Austria (159.6 tons)
- Belgium (59.0 tons)
- Hungary (36.0 tons)
- Netherlands (30.6 tons)
- Czech Republic (27.6 tons)
- Slovakia (20.0 tons)
- Sweden (9.6 tons)
- Italy (6.0 tons)
- Denmark (5.9 tons)
- Switzerland (3.6 tons)
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