Denmark - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in Denmark - 2023
Contents:
- Frozen Whole Fish Price in Denmark (FOB) - 2022
- Frozen Whole Fish Price in Denmark (CIF) - 2023
- Frozen Whole Fish Exports in Denmark
- Frozen Whole Fish Imports in Denmark
Frozen Whole Fish Price in Denmark (FOB) - 2022
The average frozen whole fish export price stood at $5,622 per ton in 2022, picking up by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue 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 Japan ($11,397 per ton), while the average price for exports to Norway ($788 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 Japan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Price in Denmark (CIF) - 2023
In June 2023, the average frozen whole fish import price amounted to $5,407 per ton, with a decrease of -3.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in July 2022 an increase of 13% m-o-m. The import price peaked at $5,871 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,478 per ton), while the price for Iceland ($2,570 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 Norway (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Exports in Denmark
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen whole fish, when their volume decreased by -8.8% to 109K tons. The total export volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.1%.
In value terms, frozen whole fish exports expanded markedly to $611M in 2022. The total export 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 recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Frozen Whole Fish in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 245 | 198 | 200 | 253 | 1.1% |
| Poland | 62.6 | 97.9 | 108 | 120 | 24.2% |
| Taiwan (Chinese) | 31.7 | 28.9 | 44.0 | 52.6 | 18.4% |
| Germany | 34.8 | 40.8 | 39.4 | 44.3 | 8.4% |
| Japan | 12.5 | 22.4 | 33.3 | 32.6 | 37.6% |
| Vietnam | 8.2 | 6.1 | 6.7 | 9.8 | 6.1% |
| France | 8.6 | 7.0 | 8.2 | 8.9 | 1.1% |
| Netherlands | 9.0 | 12.4 | 9.3 | 7.3 | -6.7% |
| Norway | 3.7 | 2.7 | 1.4 | 3.6 | -0.9% |
| Russia | 13.0 | 11.0 | 25.8 | 2.6 | -41.5% |
| Ukraine | 13.1 | 12.2 | 8.4 | 2.4 | -43.2% |
| Others | 52.6 | 53.9 | 66.3 | 73.8 | 11.9% |
| Total | 495 | 494 | 550 | 611 | 7.3% |
Top Export Markets for Frozen Whole Fish from Denmark in 2022:
- China (44.8K tons)
- Poland (20.0K tons)
- Taiwan (Chinese) (7.7K tons)
- Germany (5.8K tons)
- Norway (4.5K tons)
- Netherlands (2.9K tons)
- Japan (2.9K tons)
- Vietnam (2.3K tons)
- France (1.6K tons)
- Russia (1.5K tons)
- Ukraine (0.8K tons)
Frozen Whole Fish Imports in Denmark
In 2022, after three years of growth, there was significant decline in supplies from abroad of frozen whole fish, when their volume decreased by -7.6% to 102K tons. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of 110K tons, and then shrank in the following year.
In value terms, frozen whole fish imports rose remarkably to $512M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Whole Fish in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 249 | 235 | 235 | 246 | -0.4% |
| Canada | 58.4 | 42.6 | 59.9 | 69.0 | 5.7% |
| Sweden | 26.2 | 22.4 | 36.8 | 63.0 | 34.0% |
| Germany | 27.1 | 50.4 | 50.9 | 48.2 | 21.2% |
| Russia | 24.9 | 21.8 | 22.3 | 31.4 | 8.0% |
| Norway | 5.5 | 8.7 | 16.7 | 9.3 | 19.1% |
| Others | 37.1 | 41.1 | 30.6 | 44.9 | 6.6% |
| Total | 428 | 422 | 452 | 512 | 6.2% |
Top Suppliers of Frozen Whole Fish to Denmark in 2022:
- Greenland (55.5K tons)
- Sweden (11.0K tons)
- Canada (10.8K tons)
- Germany (7.9K tons)
- Russia (5.8K tons)
- Norway (2.4K tons)
This report provides an in-depth analysis of the frozen whole fish market in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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
-
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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