United Kingdom - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cod, Salted or in Brine in the UK - 2023
Contents:
- Price for Cod, Salted or in Brine in the UK (FOB) - 2022
- Price for Cod, Salted or in Brine in the UK (CIF) - 2022
- Exports of Cod, Salted or in Brine in the UK
- Imports of Cod, Salted or in Brine in the UK
Price for Cod, Salted or in Brine in the UK (FOB) - 2022
The average export price for cod, salted or in brine stood at $4,084 per ton in 2022, with an increase of 37% against the previous year. In general, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of 165% against the previous year. Over the period under review, the average export prices hit record highs at $17,819 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($6,555 per ton), while the average price for exports to Portugal ($2,831 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 Spain (+26.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cod, Salted or in Brine in the UK (CIF) - 2022
In 2022, the average import price for cod, salted or in brine amounted to $6,748 per ton, reducing by -16.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 90%. As a result, import price reached the peak level of $10,669 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 Portugal ($12,912 per ton), while the price for Faroe Islands ($6,094 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cod, Salted or in Brine in the UK
Cod, salted or in brine exports from the UK dropped rapidly to 157 tons in 2022, which is down by -45.1% on 2021. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 8,405%. As a result, the exports attained the peak of 285 tons, and then contracted dramatically in the following year.
In value terms, cod, salted or in brine exports reduced dramatically to $640K in 2022. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 4,092%. As a result, the exports reached the peak of $849K, and then shrank significantly in the following year.
| Export of Cod, Salted or in Brine in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 334 | 0% |
| Portugal | N/A | N/A | 549 | 232 | -57.7% |
| Spain | N/A | N/A | 243 | 73.4 | -69.8% |
| Ireland | 232 | 1.0 | N/A | N/A | -99.6% |
| United States | 224 | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 56.7 | N/A | 0% |
| Others | N/A | 19.2 | N/A | N/A | 0% |
| Total | 456 | 20.2 | 849 | 640 | 12.0% |
Top Export Markets for Cod, Salted or in Brine from the UK in 2022:
- Portugal (82.1 tons)
- Canada (51.0 tons)
- Spain (23.6 tons)
Imports of Cod, Salted or in Brine in the UK
In 2022, purchases abroad of cod, salted or in brine decreased by -37.3% to 41 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,822%. As a result, imports attained the peak of 90 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cod, salted or in brine imports contracted significantly to $277K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,359% against the previous year. As a result, imports reached the peak of $679K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cod, Salted or in Brine in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 42.1 | 198 | 207 | 270 | 85.8% |
| Portugal | 4.4 | N/A | 325 | 4.1 | -2.3% |
| Faroe Islands | N/A | 44.6 | N/A | 3.4 | -72.4% |
| Iceland | N/A | 436 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 46.5 | 679 | 532 | 277 | 81.3% |
Top Suppliers of Cod, Salted or in Brine to the UK in 2022:
- Norway (40.2 tons)
- Faroe Islands (0.6 tons)
- Portugal (0.3 tons)
This report provides an in-depth analysis of the market for cod, salted or in brine 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:
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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