Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy (CIF) - 2023
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy (FOB) - 2023
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy (CIF) - 2023
In October 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $12,469 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 6.6% month-to-month. As a result, import price attained the peak level of $13,663 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Sri Lanka ($19,617 per ton), while the price for Turkey ($11,007 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy (FOB) - 2023
The average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $16,894 per ton in October 2023, growing by 24% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Switzerland ($16,363 per ton), while the average price for exports to Sri Lanka amounted to $15,905 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy
Imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into Italy was estimated at 8.5K tons in 2022, approximately reflecting the previous year. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s expanded markedly to $110M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 17.5 | 15.1 | 24.7 | 27.4 | 16.1% |
Turkey | 8.5 | 14.5 | 22.8 | 26.4 | 45.9% |
Netherlands | 7.0 | 8.1 | 11.2 | 17.7 | 36.2% |
Sri Lanka | 12.0 | 10.8 | 17.6 | 13.6 | 4.3% |
France | 6.4 | 5.6 | 8.2 | 7.5 | 5.4% |
Maldives | 11.0 | 7.5 | 7.0 | 7.3 | -12.8% |
Greece | 2.0 | 2.1 | 2.6 | 2.6 | 9.1% |
Belgium | 1.2 | 1.8 | 0.1 | 0.1 | -56.3% |
Others | 7.6 | 4.9 | 9.4 | 6.9 | -3.2% |
Total | 73.1 | 70.4 | 104 | 110 | 14.6% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Italy in 2022:
- Turkey (2298.8 tons)
- Spain (1981.0 tons)
- Netherlands (1690.5 tons)
- France (739.5 tons)
- Sri Lanka (596.3 tons)
- Maldives (408.1 tons)
- Greece (218.4 tons)
- Belgium (8.8 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy
After two years of decline, shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s increased by 21% to 637 tons in 2022. In general, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s skyrocketed to $8.7M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3,672 | 2,227 | 2,450 | 3,067 | -5.8% |
Switzerland | 217 | 346 | 826 | 1,440 | 87.9% |
Germany | 243 | 224 | 768 | 1,021 | 61.4% |
Austria | 645 | 525 | 603 | 790 | 7.0% |
Croatia | 267 | 279 | 841 | 626 | 32.8% |
Slovenia | 95.0 | 169 | 399 | 334 | 52.1% |
Netherlands | 28.2 | 288 | 112 | 130 | 66.4% |
Romania | 316 | 55.6 | 45.5 | 96.1 | -32.8% |
United Kingdom | 790 | 2,080 | 48.7 | N/A | -75.2% |
Others | 1,080 | 431 | 623 | 1,165 | 2.6% |
Total | 7,354 | 6,624 | 6,718 | 8,668 | 5.6% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Italy in 2022:
- France (222.6 tons)
- Switzerland (104.4 tons)
- Germany (66.7 tons)
- Croatia (53.2 tons)
- Austria (39.8 tons)
- Slovenia (22.3 tons)
- Romania (16.3 tons)
- Netherlands (11.7 tons)
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