Belgium - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 5, 2024

Belgium - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Whole Fish Price in Belgium - 2023

Contents:

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

Frozen Whole Fish Price in Belgium (CIF) - 2023

The average frozen whole fish import price stood at $4,101 per ton in June 2023, picking up by 3.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $5,403 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($8,276 per ton), while the price for Turkey ($1,802 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 Ecuador (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Whole Fish Price in Belgium (FOB) - 2023

In June 2023, the average frozen whole fish export price amounted to $3,737 per ton, increasing by 1.7% against the previous month. Over the period under review, the export price continues to indicate modest growth. The pace of growth appeared the most rapid in January 2023 an increase of 26% against the previous month. The export price peaked at $4,256 per ton in March 2023; however, from April 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Luxembourg ($6,838 per ton), while the average price for exports to the Philippines ($1,495 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 the UK (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Fish Imports in Belgium

In 2022, purchases abroad of frozen whole fish decreased by -58.2% to 5.7K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 127%. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen whole fish imports contracted significantly to $32M in 2022. In general, imports continue to indicate a noticeable setback. The growth pace was the most rapid in 2020 when imports increased by 69%. As a result, imports reached the peak of $59M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Frozen Whole Fish in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.921.820.614.10.5%
France5.18.57.76.58.4%
Denmark4.47.96.43.6-6.5%
Portugal2.04.43.42.57.7%
Germany2.04.43.11.7-5.3%
China0.70.90.90.70.0%
Vietnam0.31.10.70.626.0%
Turkey0.10.51.00.458.7%
Myanmar0.31.22.30.1-30.7%
Ireland1.01.50.30.1-53.6%
Others5.26.93.51.8-29.8%
Total35.059.249.932.1-2.8%

Top Suppliers of Frozen Whole Fish to Belgium in 2022:

  1. Netherlands (2623.7 tons)
  2. France (953.6 tons)
  3. Denmark (521.6 tons)
  4. Portugal (354.8 tons)
  5. Germany (249.6 tons)
  6. China (226.1 tons)
  7. Vietnam (206.3 tons)
  8. Turkey (92.0 tons)
  9. Myanmar (79.3 tons)
  10. Ireland (47.4 tons)

Frozen Whole Fish Exports in Belgium

In 2022, shipments abroad of frozen whole fish decreased by -85.7% to 1.5K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 522%. As a result, the exports attained the peak of 14K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen whole fish exports declined significantly to $5.8M in 2022. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 454%. As a result, the exports reached the peak of $42M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Frozen Whole Fish in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Luxembourg1.27.36.31.45.3%
France1.613.27.61.4-4.4%
Germany0.96.74.10.8-3.9%
Netherlands1.14.95.90.7-14.0%
PolandN/AN/AN/A0.30%
DenmarkN/A0.10.10.241.4%
Cote d'IvoireN/A0.30.60.1-42.3%
Philippines0.20.30.1N/A-29.3%
Togo0.22.00.1N/A-29.3%
Ghana1.11.91.4N/A12.8%
Others1.35.23.00.9-11.5%
Total7.541.829.15.8-8.2%

Top Export Markets for Frozen Whole Fish from Belgium in 2022:

  1. Germany (331.4 tons)
  2. France (329.4 tons)
  3. Luxembourg (220.6 tons)
  4. Poland (179.5 tons)
  5. Netherlands (176.1 tons)
  6. Cote d'Ivoire (100.8 tons)
  7. Denmark (54.4 tons)
  8. Philippines (7.2 tons)
  9. Ghana (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen whole fish market in Belgium. 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 10201600 - Frozen fish livers and roes

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • 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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