Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Portugal - 2023

Contents:

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

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

The average import price for fish; edible offal, fish heads, tails and mawses stood at $4,167 per ton in 2022, surging by 44% against the previous year. Overall, the import price showed mild growth. The most prominent rate of growth was recorded in 2016 an increase of 293% against the previous year. As a result, import price reached the peak level of $11,733 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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 Spain ($17,596 per ton), while the price for Sweden ($1,646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish; edible offal, fish heads, tails and mawses stood at $4,495 per ton in 2022, increasing by 4.8% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish; edible offal, fish heads, tails and mawses increased by +25.2% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 56%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($9,602 per ton), while the average price for exports to Vietnam ($2,324 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 Angola (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of fish; edible offal, fish heads, tails and mawses imported into Portugal surged to 638 tons, growing by 130% compared with the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 177% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish; edible offal, fish heads, tails and mawses surged to $2.7M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 235% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Denmark (383.3 tons)
2. Netherlands (215.6 tons)
3. Sweden (29.7 tons)
4. Iceland (7.0 tons)

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

In 2022, shipments abroad of fish; edible offal, fish heads, tails and mawses decreased by -44.3% to 24 tons, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 35% against the previous year. As a result, the exports reached the peak of 155 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish; edible offal, fish heads, tails and mawses plummeted to $107K in 2022. Over the period under review, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $499K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Vietnam (13.0 tons)
2. Spain (4.5 tons)
3. United States (1.9 tons)
4. United Kingdom (1.3 tons)
5. France (1.2 tons)
6. Luxembourg (1.1 tons)
7. Germany (0.6 tons)

Source: IndexBox Market Intelligence Platform