Portugal - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Portugal - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights

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Inedible Fish Products Price in Portugal - 2023

Contents:

  1. Inedible Fish Products Price in Portugal (CIF) - 2022
  2. Inedible Fish Products Price in Portugal (FOB) - 2023
  3. Inedible Fish Products Imports in Portugal
  4. Inedible Fish Products Exports in Portugal

Inedible Fish Products Price in Portugal (CIF) - 2022

The average inedible fish products import price stood at $358 per ton in 2022, growing by 5.8% against the previous year. In general, the import price, however, continues to indicate a slight slump. The growth pace was the most rapid in 2018 an increase of 91% against the previous year. The import price peaked at $504 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Morocco ($9,044 per ton), while the price for Belgium ($146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+137.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Inedible Fish Products Price in Portugal (FOB) - 2023

The average inedible fish products export price stood at $289 per ton in May 2023, rising by 5.2% against the previous month. Overall, the export price recorded a modest expansion. The most prominent rate of growth was recorded in December 2022 an increase of 26% month-to-month. As a result, the export price reached the peak level of $352 per ton. From January 2023 to May 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From May 2022 to May 2023, the rate of growth in terms of prices for Spain amounted to +0.8% per month.

Inedible Fish Products Imports in Portugal

In 2022, supplies from abroad of inedible fish products decreased by -31.1% to 9.4K tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, inedible fish products imports declined markedly to $3.4M in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year.

Import of Inedible Fish Products in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,7813,4703,5842,38110.2%
Morocco1,319918695467-29.3%
Belgium13385.014523621.1%
Germany1.35.929.661.3261.3%
Others11972.114220519.9%
Total3,3544,5514,5963,351-0.0%

Top Suppliers of Inedible Fish Products to Portugal in 2022:

  1. Spain (7.4K tons)
  2. Belgium (1.6K tons)
  3. Germany (0.2K tons)
  4. Morocco (0.1K tons)

Inedible Fish Products Exports in Portugal

For the fourth year in a row, Portugal recorded growth in shipments abroad of inedible fish products, which increased by 6.3% to 11K tons in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 89% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, inedible fish products exports expanded rapidly to $3.4M in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Inedible Fish Products in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.22.52.93.340.1%
Others0.20.20.10.1-20.6%
Total1.42.62.93.434.4%

Top Export Markets for Inedible Fish Products from Portugal in 2022:

  1. Spain (11.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the inedible fish products market in Portugal. 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)

Country coverage:

  • Portugal

Data coverage:

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