Frozen Tilapia Fillets Price in Luxembourg - 2023
Contents:
- Frozen Tilapia Fillets Price in Luxembourg (CIF) - 2022
- Frozen Tilapia Fillets Price in Luxembourg (FOB) - 2022
- Frozen Tilapia Fillets Imports in Luxembourg
- Frozen Tilapia Fillets Exports in Luxembourg
Frozen Tilapia Fillets Price in Luxembourg (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $7,971 per ton, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,406 per ton), while the price for the Netherlands ($5,842 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Tilapia Fillets Price in Luxembourg (FOB) - 2022
The average frozen tilapia fillets export price stood at $11,178 per ton in 2022, growing by 44% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen tilapia fillets export price increased by +72.2% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($11,627 per ton), while the average price for exports to the UK ($5,394 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 Azerbaijan (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapia Fillets Imports in Luxembourg
In 2022, overseas purchases of frozen tilapia fillets decreased by -12.5% to 7.6 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 5.6% against the previous year. As a result, imports attained the peak of 8.7 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen tilapia fillets imports contracted modestly to $60K in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year.
| Import of Frozen Tilapia Fillets in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.3 | 41.2 | 35.2 | 33.2 | 52.8% |
| Germany | 0.4 | 14.9 | 23.7 | 24.7 | 295.3% |
| Netherlands | 0.2 | 0.3 | 0.6 | 1.9 | 111.8% |
| China | 18.4 | N/A | N/A | N/A | 0% |
| Switzerland | 13.2 | N/A | N/A | N/A | 0% |
| Indonesia | 6.4 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.4 | 1.0 | 0.5 | -20.6% |
| Total | 49.0 | 56.8 | 60.5 | 60.3 | 7.2% |
Top Suppliers of Frozen Tilapia Fillets to Luxembourg in 2022:
- Belgium (5.0 tons)
- Germany (2.2 tons)
- Netherlands (0.3 tons)
Frozen Tilapia Fillets Exports in Luxembourg
After three years of growth, shipments abroad of frozen tilapia fillets decreased by -42.3% to 202 kg in 2022. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year.
In value terms, frozen tilapia fillets exports reduced remarkably to $2.3K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, the exports reached the peak of $2.7K, and then fell dramatically in the following year.
| Export of Frozen Tilapia Fillets in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 708 | 1,409 | 978 | 1,072 | 14.8% |
| France | 22.0 | 38.0 | 590 | 581 | 197.8% |
| Belgium | 485 | 174 | 630 | 325 | -12.5% |
| Germany | 325 | 345 | 381 | 237 | -10.0% |
| United Kingdom | N/A | N/A | N/A | 43.0 | 0% |
| Niger | 115 | 87.0 | 135 | N/A | 8.3% |
| Others | N/A | 1.0 | 1.0 | N/A | 0.0% |
| Total | 1,655 | 2,054 | 2,715 | 2,258 | 10.9% |
Top Export Markets for Frozen Tilapia Fillets from Luxembourg in 2022:
- Azerbaijan (93.0 kg)
- France (50.0 kg)
- Belgium (29.0 kg)
- Germany (22.0 kg)
- United Kingdom (8.0 kg)
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