Live Fish Price in Belgium - 2023
Contents:
- Live Fish Price in Belgium (CIF) - 2022
- Live Fish Price in Belgium (FOB) - 2023
- Live Fish Imports in Belgium
- Live Fish Exports in Belgium
Live Fish Price in Belgium (CIF) - 2022
In 2022, the average live fish import price amounted to $9,030 per ton, rising by 5.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2016 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($23,790 per ton), while the price for Italy ($3,245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Price in Belgium (FOB) - 2023
The average live fish export price stood at $29,114 per ton in June 2023, rising by 48% against the previous month. In general, export price indicated a pronounced expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, live fish export price increased by +110.5% against November 2022 indices. 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 foreign markets. In June 2023, the country with the highest price was France ($49,284 per ton), while the average price for exports to Luxembourg ($5,964 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 France (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Live Fish Imports in Belgium
For the third consecutive year, Belgium recorded decline in supplies from abroad of live fish, which decreased by -11% to 1.8K tons in 2022. In general, imports showed a drastic downturn.
In value terms, live fish imports fell to $17M in 2022. Overall, imports saw a abrupt contraction.
| Import of Live Fish in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.5 | 7.2 | 3.3 | 4.6 | -28.3% |
| France | 5.1 | 4.9 | 4.5 | 4.5 | -4.1% |
| Israel | 1.2 | 6.0 | 6.4 | 3.8 | 46.8% |
| Canada | 0.2 | 0.2 | 0.6 | 0.6 | 44.2% |
| Denmark | 0.7 | 0.7 | 0.1 | 0.3 | -24.6% |
| Germany | 0.8 | 0.5 | 0.3 | 0.3 | -27.9% |
| Czech Republic | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
| Hungary | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
| Others | 2.8 | 2.4 | 2.0 | 2.3 | -6.3% |
| Total | 24.3 | 22.1 | 17.6 | 16.6 | -11.9% |
Top Suppliers of Live Fish to Belgium in 2022:
- France (1086.5 tons)
- Netherlands (312.8 tons)
- Israel (157.7 tons)
- Hungary (55.0 tons)
- Denmark (43.2 tons)
- Germany (41.4 tons)
- Canada (40.4 tons)
- Czech Republic (29.0 tons)
Live Fish Exports in Belgium
In 2022, shipments abroad of live fish decreased by -33.7% to 256 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 167%. As a result, the exports reached the peak of 442 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, live fish exports shrank significantly to $5.1M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 537%.
| Export of Live Fish in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 793 | 2,212 | 2,638 | 1,844 | 32.5% |
| Netherlands | 3.4 | 1,680 | 1,509 | 1,596 | 677.2% |
| Germany | 168 | 1,836 | 1,668 | 1,487 | 106.9% |
| Senegal | 2.3 | 105 | 63.8 | 111 | 264.1% |
| Sweden | N/A | 223 | 281 | 42.6 | -56.3% |
| Others | 89.6 | 665 | 570 | 64.8 | -10.2% |
| Total | 1,056 | 6,722 | 6,730 | 5,144 | 69.5% |
Top Export Markets for Live Fish from Belgium in 2022:
- France (122.1 tons)
- Netherlands (71.7 tons)
- Germany (51.5 tons)
- Senegal (5.4 tons)
- Sweden (1.5 tons)
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