Live Fish Price in Portugal - 2023
Contents:
- Live Fish Price in Portugal (CIF) - 2023
- Live Fish Price in Portugal (FOB) - 2022
- Live Fish Imports in Portugal
- Live Fish Exports in Portugal
Live Fish Price in Portugal (CIF) - 2023
In June 2023, the average live fish import price amounted to $16,366 per ton, with a decrease of -14.6% against the previous month. In general, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.9% 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 import price decreased by -20.4% against April 2023 indices. The growth pace was the most rapid in February 2023 an increase of 29% against the previous month. Over the period under review, average import prices reached the peak figure at $20,570 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($26,570 per ton), while the price for Spain ($13,147 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 Spain (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Live Fish Price in Portugal (FOB) - 2022
The average live fish export price stood at $21,918 per ton in 2022, increasing by 32% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 80%. The export price peaked at $23,087 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($28,829 per ton), while the average price for exports to Spain ($17,571 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 Germany (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Imports in Portugal
Live fish imports into Portugal soared to 962 tons in 2022, with an increase of 35% on 2021. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, live fish imports surged to $18M in 2022. The total import value increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Live Fish in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.4 | 6.2 | 8.0 | 11.6 | 21.9% |
| France | 3.3 | 3.7 | 3.5 | 3.8 | 4.8% |
| United States | 0.5 | 0.1 | 0.3 | 0.4 | -7.2% |
| Netherlands | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Greece | 1.1 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 2.4 | 1.7 | 1.8 | 1.9% |
| Total | 13.0 | 12.5 | 13.5 | 17.8 | 11.0% |
Top Suppliers of Live Fish to Portugal in 2022:
- Spain (770.6 tons)
- France (116.4 tons)
- United States (29.9 tons)
- Netherlands (19.3 tons)
Live Fish Exports in Portugal
In 2022, approx. 137 tons of live fish were exported from Portugal; declining by -51.5% against the previous year. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 130%. As a result, the exports attained the peak of 283 tons, and then declined remarkably in the following year.
In value terms, live fish exports reduced remarkably to $3M in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 65%. As a result, the exports attained the peak of $4.7M, and then reduced sharply in the following year.
| Export of Live Fish in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3,511 | 2,478 | 3,236 | 1,515 | -24.4% |
| Germany | 0.8 | 56.1 | 359 | 428 | 711.8% |
| Austria | 0.1 | 7.5 | 191 | 209 | 1178.5% |
| Italy | 77.6 | 158 | 167 | 152 | 25.1% |
| Ireland | 1.1 | 4.3 | 101 | 109 | 362.7% |
| Netherlands | 1.5 | 3.0 | 86.5 | 105 | 312.1% |
| Sweden | N/A | 1.9 | 83.6 | 96.9 | 614.1% |
| Malta | 8.5 | 12.2 | 47.9 | 61.8 | 93.7% |
| Others | 131 | 121 | 406 | 325 | 35.4% |
| Total | 3,731 | 2,842 | 4,677 | 3,002 | -7.0% |
Top Export Markets for Live Fish from Portugal in 2022:
- Spain (86.2 tons)
- Germany (15.2 tons)
- Austria (8.1 tons)
- Italy (5.6 tons)
- Sweden (4.5 tons)
- Netherlands (4.3 tons)
- Ireland (3.8 tons)
- Malta (2.5 tons)
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