United Kingdom - Dried Cod, Whether Or Not Salted - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried Cod, Whether or Not Salted in the UK - 2023
Contents:
- Price for Dried Cod, Whether or Not Salted in the UK (CIF) - 2023
- Price for Dried Cod, Whether or Not Salted in the UK (FOB) - 2022
- Imports of Dried Cod, Whether or Not Salted in the UK
- Exports of Dried Cod, Whether or Not Salted in the UK
Price for Dried Cod, Whether or Not Salted in the UK (CIF) - 2023
The average import price for dried cod, whether or not salted stood at $13,915 per ton in December 2023, shrinking by -19.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 38% month-to-month. Over the period under review, average import prices reached the peak figure at $18,000 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Norway ($19,564 per ton), while the price for Portugal stood at $13,043 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Portugal (+0.1%).
Price for Dried Cod, Whether or Not Salted in the UK (FOB) - 2022
The average export price for dried cod, whether or not salted stood at $5,536 per ton in 2022, picking up by 41% against the previous year. In general, the export price saw a moderate expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68% against the previous year. As a result, the export price attained the peak level of $11,455 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($12,999 per ton), while the average price for exports to Spain ($4,005 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 Nigeria (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Dried Cod, Whether or Not Salted in the UK
In 2022, the amount of dried cod, whether or not salted imported into the UK soared to 227 tons, jumping by 34% compared with 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 109% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of dried cod, whether or not salted skyrocketed to $3.1M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 158%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Dried Cod, Whether or Not Salted in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 1,005 | 699 | 1,924 | 1,484 | 13.9% |
Portugal | 91.2 | 212 | 527 | 1,475 | 152.9% |
Iceland | 145 | 39.9 | 8.8 | 40.1 | -34.8% |
Others | 28.0 | 13.9 | 32.2 | 84.9 | 44.7% |
Total | 1,270 | 965 | 2,492 | 3,084 | 34.4% |
Top Suppliers of Dried Cod, Whether or Not Salted to the UK in 2022:
- Portugal (130.5 tons)
- Norway (86.6 tons)
- Iceland (3.2 tons)
Exports of Dried Cod, Whether or Not Salted in the UK
In 2022, approx. 432 tons of dried cod, whether or not salted were exported from the UK; reducing by -42% against 2021. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 17,853%. As a result, the exports reached the peak of 745 tons, and then fell sharply in the following year.
In value terms, exports of dried cod, whether or not salted shrank dramatically to $2.4M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 6,034% against the previous year. As a result, the exports reached the peak of $2.9M, and then contracted remarkably in the following year.
Export of Dried Cod, Whether or Not Salted in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | N/A | N/A | N/A | 1,061 | 0% |
United States | N/A | N/A | N/A | 533 | 0% |
Spain | N/A | N/A | N/A | 337 | 0% |
Canada | N/A | N/A | N/A | 258 | 0% |
Portugal | N/A | N/A | N/A | 83.9 | 0% |
Nigeria | 524 | N/A | 2,862 | N/A | 133.7% |
Others | 99.6 | 47.6 | 55.6 | 120 | 6.4% |
Total | 623 | 47.6 | 2,917 | 2,393 | 56.6% |
Top Export Markets for Dried Cod, Whether or Not Salted from the UK in 2022:
- Denmark (252.9 tons)
- Spain (84.2 tons)
- United States (41.0 tons)
- Canada (30.4 tons)
- Portugal (20.0 tons)
This report provides an in-depth analysis of the market for dried cod, whether or not salted 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 2025.
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
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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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