Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain (CIF) - 2023
  2. Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain
  4. Exports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain

Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain (CIF) - 2023

The average import price for fish fillets; fresh or chilled, nile perch (lates niloticus)s stood at $7,623 per ton in November 2023, falling by -2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.2%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 24% m-o-m. The import price peaked at $7,778 per ton in October 2023, and then reduced modestly in the following month.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were Greece ($8,952 per ton) and Italy ($8,578 per ton), while the price for Portugal ($6,191 per ton) and Belgium ($6,242 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, nile perch (lates niloticus)s amounted to $7,616 per ton, increasing by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($10,608 per ton), while the average price for exports to the Netherlands ($5,059 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 Italy (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain

In 2022, imports of fish fillets; fresh or chilled, nile perch (lates niloticus)s into Spain surged to 1.6K tons, growing by 36% on the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, nile perch (lates niloticus)s rose notably to $10M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 53%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A1.84.33.437.4%
Italy3.23.92.93.20.0%
Netherlands1.02.62.03.145.8%
FranceN/AN/A0.10.2100.0%
Uganda1.1N/AN/AN/A0%
Others0.20.10.10.1-20.6%
Total5.58.59.510.022.1%

Top Suppliers of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) to Spain in 2022:

  1. Belgium (669.7 tons)
  2. Netherlands (422.6 tons)
  3. Italy (411.6 tons)
  4. France (31.8 tons)

Exports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain

In 2022, the amount of fish fillets; fresh or chilled, nile perch (lates niloticus)s exported from Spain reduced notably to 44 tons, with a decrease of -46.6% on 2021 figures. In general, exports continue to indicate a sharp decrease. The smallest decline of -5.4% was in 2021.

In value terms, exports of fish fillets; fresh or chilled, nile perch (lates niloticus)s contracted sharply to $336K in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 7.2% against the previous year. As a result, the exports attained the peak of $505K, and then plummeted in the following year.

Export of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal31.421635016573.9%
Italy94.91361201228.7%
France10.674.39.743.159.6%
Netherlands4.49.4N/A4.40.0%
Greece28317.28.3N/A-82.9%
Others31.018.516.92.5-56.8%
Total455471505336-9.6%

Top Export Markets for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) from Spain in 2022:

  1. Portugal (24.5 tons)
  2. Italy (11.5 tons)
  3. France (6.7 tons)
  4. Netherlands (0.9 tons)

Source: IndexBox Market Intelligence Platform

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