Report Update: May 1, 2024

Germany - Dried Cod, Whether Or Not Salted - Market Analysis, Forecast, Size, Trends And Insights

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Price for Dried Cod, Whether or Not Salted in Germany - 2023

Price for Dried Cod, Whether or Not Salted in Germany (CIF) - 2023

The average import price for dried cod, whether or not salted stood at $22,129 per ton in November 2023, rising by 27% against the previous month. Over the period under review, import price indicated noticeable growth from November 2022 to November 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for dried cod, whether or not salted increased by +75.3% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 52% m-o-m. Over the period under review, average import prices attained the maximum in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Norway ($22,323 per ton), while the price for Russia totaled $12,287 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Norway (+3.3%).

Price for Dried Cod, Whether or Not Salted in Germany (FOB) - 2022

The average export price for dried cod, whether or not salted stood at $15,403 per ton in 2022, picking up by 7.2% against the previous year. Overall, the export price, however, showed a mild setback. The growth pace was the most rapid in 2015 an increase of 22% against the previous year. The export price peaked at $17,455 per ton in 2012; however, from 2013 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 Italy ($24,188 per ton), while the average price for exports to France ($10,958 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 France (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Cod, Whether or Not Salted in Germany

In 2022, imports of dried cod, whether or not salted into Germany amounted to 5.2K tons, therefore, remained relatively stable against the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of dried cod, whether or not salted expanded sharply to $80M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Dried Cod, Whether or Not Salted in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	73.5	59.1	72.6	78.5	2.2%
Russia	0.3	0.3	N/A	1.1	54.2%
Others	1.0	1.2	0.7	0.5	-20.6%
Total	74.8	60.6	73.4	80.2	2.4%

Top Suppliers of Dried Cod, Whether or Not Salted to Germany in 2022:

Norway (5.1K tons)
Russia (0.1K tons)

Exports of Dried Cod, Whether or Not Salted in Germany

For the fourth consecutive year, Germany recorded growth in overseas shipments of dried cod, whether or not salted, which increased by 3.8% to 5.1K tons in 2022. The total export volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of dried cod, whether or not salted expanded remarkably to $79M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Dried Cod, Whether or Not Salted in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	22.3	28.5	37.1	39.5	21.0%
Italy	37.5	29.5	32.0	34.3	-2.9%
France	1.3	0.2	0.2	2.2	19.2%
Luxembourg	0.5	0.7	0.3	0.9	21.6%
Others	2.3	1.1	1.4	2.1	-3.0%
Total	64.1	60.0	71.0	79.0	7.2%

Top Export Markets for Dried Cod, Whether or Not Salted from Germany in 2022:

Portugal (3.3K tons)
Italy (1.4K tons)
France (0.2K tons)
Luxembourg (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for dried cod, whether or not salted in Germany. 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 2025.

Product coverage:

Country coverage:

Germany

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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