United Kingdom - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in the UK - 2023
Contents:
- Frozen Whole Fish Price in the UK (CIF) - 2023
- Frozen Whole Fish Price in the UK (FOB) - 2022
- Frozen Whole Fish Imports in the UK
- Frozen Whole Fish Exports in the UK
Frozen Whole Fish Price in the UK (CIF) - 2023
In May 2023, the average frozen whole fish import price amounted to $3,819 per ton, leveling off at the previous month. In general, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $5,133 per ton. From September 2022 to May 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($7,496 per ton), while the price for Sweden ($970 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Iceland (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Price in the UK (FOB) - 2022
The average frozen whole fish export price stood at $1,778 per ton in 2022, shrinking by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $1,903 per ton, and then dropped in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,454 per ton), while the average price for exports to Nigeria ($704 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 the Netherlands (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Imports in the UK
In 2022, supplies from abroad of frozen whole fish decreased by -10.8% to 48K tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 1% against the previous year. As a result, imports reached the peak of 59K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen whole fish imports dropped modestly to $212M in 2022. Over the period under review, imports showed a noticeable setback. The smallest decline of -2.7% was in 2021.
| Import of Frozen Whole Fish in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 97.6 | 94.1 | 94.0 | 100 | 0.8% |
| Myanmar | 12.3 | 14.4 | 16.4 | 18.5 | 14.6% |
| China | 8.0 | 9.3 | 8.8 | 9.5 | 5.9% |
| Faroe Islands | 6.5 | 3.5 | 4.4 | 8.7 | 10.2% |
| Iceland | 9.3 | 8.4 | 10.1 | 8.1 | -4.5% |
| Bangladesh | 8.0 | 9.3 | 11.7 | 6.9 | -4.8% |
| Turkey | 0.2 | 1.4 | 7.1 | 5.6 | 203.7% |
| India | 4.8 | 6.8 | 7.2 | 5.3 | 3.4% |
| Ireland | 2.9 | 5.2 | 5.4 | 4.8 | 18.3% |
| Vietnam | 3.6 | 4.5 | 4.2 | 4.3 | 6.1% |
| Argentina | 3.5 | 3.1 | 2.9 | 3.4 | -1.0% |
| Indonesia | 3.2 | 3.6 | 3.5 | 3.3 | 1.0% |
| Netherlands | 14.6 | 18.0 | 8.8 | 2.3 | -46.0% |
| Others | 62.5 | 42.1 | 33.4 | 30.5 | -21.3% |
| Total | 237 | 224 | 218 | 212 | -3.6% |
Top Suppliers of Frozen Whole Fish to the UK in 2022:
- Norway (20.7K tons)
- Myanmar (3.9K tons)
- China (3.4K tons)
- Ireland (2.5K tons)
- Iceland (2.3K tons)
- Vietnam (1.5K tons)
- Faroe Islands (1.4K tons)
- India (1.4K tons)
- Argentina (1.4K tons)
- Bangladesh (1.2K tons)
- Turkey (0.9K tons)
- Indonesia (0.8K tons)
- Netherlands (0.3K tons)
Frozen Whole Fish Exports in the UK
In 2022, approx. 111K tons of frozen whole fish were exported from the UK; picking up by 5.5% on the year before. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 6.2% against the previous year. As a result, the exports attained the peak of 117K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, frozen whole fish exports reduced slightly to $197M in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of $200M, and then dropped in the following year.
| Export of Frozen Whole Fish in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 37.8 | 43.5 | 28.9 | 36.7 | -1.0% |
| Lithuania | 5.1 | 4.8 | 39.8 | 18.4 | 53.4% |
| China | 11.3 | 11.9 | 9.6 | 12.3 | 2.9% |
| France | 15.6 | 14.0 | 17.7 | 11.1 | -10.7% |
| Vietnam | 8.8 | 7.7 | 3.7 | 9.2 | 1.5% |
| Philippines | 7.0 | 7.0 | 9.7 | 9.1 | 9.1% |
| Ukraine | 3.1 | 5.7 | 9.8 | 8.8 | 41.6% |
| Japan | 2.6 | 0.7 | 6.0 | 8.8 | 50.1% |
| Nigeria | 1.4 | 1.7 | 6.4 | 8.5 | 82.4% |
| United States | 1.4 | 4.6 | 7.1 | 7.7 | 76.5% |
| Canada | 2.0 | 0.8 | 2.4 | 6.8 | 50.4% |
| Thailand | 2.5 | 4.0 | 3.7 | 4.3 | 19.8% |
| Nicaragua | N/A | N/A | N/A | 3.4 | 0% |
| Others | 63.0 | 65.1 | 55.1 | 51.8 | -6.3% |
| Total | 162 | 172 | 200 | 197 | 6.7% |
Top Export Markets for Frozen Whole Fish from the UK in 2022:
- Netherlands (26.3K tons)
- Nigeria (12.1K tons)
- Lithuania (8.6K tons)
- Philippines (6.4K tons)
- Ukraine (5.9K tons)
- China (5.7K tons)
- France (5.3K tons)
- Vietnam (4.8K tons)
- Canada (3.3K tons)
- Nicaragua (3.3K tons)
- Japan (3.0K tons)
- Thailand (2.5K tons)
- United States (2.2K tons)
This report provides an in-depth analysis of the frozen whole fish market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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