United Kingdom - Dried Or Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Dried or Smoked Fish in the UK - 2023
Contents:
- Price for Dried or Smoked Fish in the UK (CIF) - 2023
- Price for Dried or Smoked Fish in the UK (FOB) - 2023
- Imports of Dried or Smoked Fish in the UK
- Exports of Dried or Smoked Fish in the UK
Price for Dried or Smoked Fish in the UK (CIF) - 2023
In May 2023, the average dried or smoked fish import price amounted to $11,703 per ton, shrinking by -17.7% against the previous month. Overall, the import price, however, saw a mild expansion. The pace of growth appeared the most rapid in November 2022 an increase of 56% m-o-m. As a result, import price attained the peak level of $15,109 per ton. From December 2022 to May 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Poland ($34,443 per ton), while the price for France ($3,432 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dried or Smoked Fish in the UK (FOB) - 2023
The average dried or smoked fish export price stood at $11,197 per ton in May 2023, waning by -21% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 98% month-to-month. As a result, the export price attained the peak level of $17,922 per ton. From January 2023 to May 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was Japan ($64,806 per ton), while the average price for exports to Denmark ($1,332 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dried or Smoked Fish in the UK
In 2022, overseas purchases of dried or smoked fish decreased by -53.4% to 9.6K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. As a result, imports reached the peak of 25K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dried or smoked fish imports contracted dramatically to $73M in 2022. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 5.2% against the previous year. As a result, imports attained the peak of $115M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Dried or Smoked Fish in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.9 | 3.1 | 5.5 | 23.6 | 101.1% |
| China | 11.9 | 14.1 | 10.8 | 11.2 | -2.0% |
| Poland | 9.3 | 15.2 | 15.5 | 11.0 | 5.8% |
| Lithuania | 12.6 | 2.6 | 1.6 | 3.4 | -35.4% |
| Netherlands | 14.4 | 3.4 | 2.7 | 2.4 | -45.0% |
| Vietnam | 0.3 | 0.1 | 0.7 | 1.7 | 78.3% |
| Iceland | 1.6 | 1.7 | 1.3 | 1.3 | -6.7% |
| Spain | 0.3 | 0.1 | 1.0 | 1.1 | 54.2% |
| Hong Kong SAR | N/A | N/A | N/A | 0.8 | 0% |
| France | 0.1 | 0.4 | 0.8 | 0.6 | 81.7% |
| Denmark | 6.5 | 21.6 | 8.4 | 0.4 | -60.5% |
| Peru | N/A | N/A | N/A | 0.4 | 0% |
| India | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 49.5 | 52.5 | 38.5 | 14.2 | -34.0% |
| Total | 109 | 115 | 87.0 | 72.5 | -12.7% |
Top Suppliers of Dried or Smoked Fish to the UK in 2022:
- Norway (3368.2 tons)
- China (2486.2 tons)
- Netherlands (555.0 tons)
- Poland (552.8 tons)
- Vietnam (275.4 tons)
- Lithuania (268.5 tons)
- Denmark (206.9 tons)
- France (195.2 tons)
- Iceland (176.1 tons)
- Spain (169.8 tons)
- Peru (148.8 tons)
- Hong Kong SAR (146.8 tons)
- India (144.0 tons)
Exports of Dried or Smoked Fish in the UK
In 2022, exports of dried or smoked fish from the UK declined to 5.3K tons, reducing by -6% against the previous year's figure. Over the period under review, exports continue to indicate a sharp slump.
In value terms, dried or smoked fish exports reduced to $60M in 2022. In general, exports faced a abrupt contraction.
| Export of Dried or Smoked Fish in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 25.8 | 18.5 | 24.0 | 19.7 | -8.6% |
| Italy | 17.6 | 15.5 | 13.3 | 11.9 | -12.2% |
| United States | 3.5 | 1.9 | 5.7 | 5.6 | 17.0% |
| Canada | 2.4 | 3.1 | 3.5 | 3.8 | 16.6% |
| Ireland | 10.4 | 11.6 | 4.0 | 2.7 | -36.2% |
| Iceland | N/A | N/A | N/A | 2.6 | 0% |
| Denmark | 0.7 | 0.4 | 0.2 | 1.4 | 26.0% |
| Nigeria | 6.6 | 4.2 | 4.5 | 1.2 | -43.3% |
| Spain | 0.3 | 0.3 | 0.7 | 0.6 | 26.0% |
| Thailand | N/A | 0.2 | N/A | 0.5 | 58.1% |
| Ukraine | 1.6 | 1.0 | 1.3 | 0.4 | -37.0% |
| Lithuania | 4.2 | 0.4 | N/A | N/A | -90.5% |
| Others | 27.3 | 18.0 | 10.0 | 9.8 | -28.9% |
| Total | 100 | 75.0 | 67.1 | 60.3 | -15.5% |
Top Export Markets for Dried or Smoked Fish from the UK in 2022:
- France (1416.8 tons)
- Italy (627.8 tons)
- Denmark (426.9 tons)
- Nigeria (421.0 tons)
- Iceland (304.7 tons)
- Ireland (271.5 tons)
- Ukraine (250.6 tons)
- United States (226.9 tons)
- Canada (218.9 tons)
- Spain (128.1 tons)
- Thailand (107.9 tons)
This report provides an in-depth analysis of the market for dried or smoked fish 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:
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
- Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
- Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
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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