Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Norway - 2024

Contents:

1. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Norway (FOB) - 2024
2. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Norway (CIF) - 2022
3. Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Norway
4. Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Norway

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Norway (FOB) - 2024

The average export price for fish; edible offal, fish heads, tails and mawses stood at $2,654 per ton in January 2024, rising by 11% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 22% m-o-m. As a result, the export price reached the peak level of $3,459 per ton. From August 2023 to January 2024, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In January 2024, the countries with the highest prices were Italy ($2,833 per ton) and Nigeria ($2,721 per ton), while the average price for exports to China ($2,355 per ton) and Vietnam ($2,578 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Norway (CIF) - 2022

In 2022, the average import price for fish; edible offal, fish heads, tails and mawses amounted to $3,602 per ton, waning by -6.5% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 99%. Over the period under review, average import prices reached the maximum at $7,532 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +3.6% per year.

Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Norway

In 2022, the amount of fish; edible offal, fish heads, tails and mawses exported from Norway expanded sharply to 11K tons, growing by 11% compared with the year before. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, fish heads, tails and mawses skyrocketed to $27M in 2022. In general, exports, however, continue to indicate a pronounced descent.

Top Export Markets for Fish; Edible Offal, Fish Heads, Tails and Maws from Norway in 2022:

1. Nigeria (8.9K tons)
2. China (1.1K tons)
3. Vietnam (0.5K tons)

Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Norway

In 2022, the amount of fish; edible offal, fish heads, tails and mawses imported into Norway shrank sharply to 2.7 tons, reducing by -68.9% on the year before. Overall, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.

In value terms, imports of fish; edible offal, fish heads, tails and mawses fell significantly to $9.7K in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 51%.

Top Suppliers of Fish; Edible Offal, Fish Heads, Tails and Maws to Norway in 2022:

1. Canada (2.7 tons)

Source: IndexBox Market Intelligence Platform