Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain (FOB) - 2023
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain (CIF) - 2023
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain (FOB) - 2023
The average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $17,270 per ton in October 2023, picking up by 12% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in June 2023 an increase of 27% month-to-month. Over the period under review, the average export prices reached the maximum at $17,456 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($56,392 per ton), while the average price for exports to Greece ($4,096 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain (CIF) - 2023
In October 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $6,408 per ton, waning by -39% against the previous month. In general, the import price, however, posted moderate growth. The pace of growth appeared the most rapid in January 2023 an increase of 183% month-to-month. Over the period under review, average import prices reached the maximum at $12,259 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Australia ($26,025 per ton), while the price for the Netherlands ($5,071 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 Denmark (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain
In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s exported from Spain amounted to 2.7K tons, rising by 3.6% against the previous year. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 27%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s expanded rapidly to $38M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.0 | 8.1 | 11.9 | 10.5 | 9.5% |
| France | 5.3 | 5.0 | 5.9 | 5.7 | 2.5% |
| Portugal | 1.6 | 2.1 | 3.1 | 3.7 | 32.2% |
| South Korea | 0.3 | 0.4 | 0.9 | 2.7 | 108.0% |
| Germany | 0.9 | 0.7 | 1.8 | 2.6 | 42.4% |
| Croatia | 0.8 | 0.6 | 1.2 | 1.6 | 26.0% |
| United Kingdom | 1.0 | 2.0 | 0.3 | 1.4 | 11.9% |
| United States | 0.9 | 0.2 | 0.6 | 1.1 | 6.9% |
| Poland | 0.1 | 0.2 | 0.6 | 1.0 | 115.4% |
| Slovenia | 0.5 | 0.4 | 0.8 | 1.0 | 26.0% |
| Netherlands | 0.6 | 0.3 | 0.8 | 0.7 | 5.3% |
| Greece | 0.5 | 0.3 | 0.6 | 0.7 | 11.9% |
| Romania | N/A | N/A | N/A | 0.6 | 0% |
| Others | 4.7 | 3.3 | 5.1 | 4.9 | 1.4% |
| Total | 25.1 | 23.6 | 33.6 | 38.3 | 15.1% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Spain in 2022:
- Italy (895.8 tons)
- France (561.8 tons)
- Portugal (308.9 tons)
- Croatia (164.7 tons)
- Slovenia (103.2 tons)
- Germany (91.3 tons)
- South Korea (83.7 tons)
- United Kingdom (80.9 tons)
- Greece (62.3 tons)
- Poland (59.0 tons)
- Romania (57.6 tons)
- United States (41.0 tons)
- Netherlands (36.4 tons)
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain
In 2022, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into Spain soared to 766 tons, jumping by 47% on the previous year's figure. Over the period under review, imports recorded a resilient increase. 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, other than fish of heading 0304.4s declined to $4.2M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +39.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports reached the peak of $4.5M, and then shrank in the following year.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 77.7 | 31.5 | 344 | 899 | 126.2% |
| Turkey | 64.7 | 743 | 1,964 | 805 | 131.7% |
| Mauritania | 195 | 849 | 999 | 501 | 37.0% |
| Portugal | 64.2 | 35.2 | 328 | 445 | 90.7% |
| Italy | 1,473 | 657 | 16.6 | 379 | -36.4% |
| Australia | 254 | 163 | 241 | 296 | 5.2% |
| Netherlands | 147 | 33.0 | 80.3 | 289 | 25.3% |
| France | 480 | 44.6 | 181 | 172 | -29.0% |
| Sweden | N/A | N/A | N/A | 96.4 | 0% |
| Lithuania | 165 | 137 | 52.1 | N/A | -43.8% |
| Others | 367 | 335 | 334 | 328 | -3.7% |
| Total | 3,288 | 3,028 | 4,539 | 4,212 | 8.6% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Spain in 2022:
- Germany (333.0 tons)
- Netherlands (69.8 tons)
- Portugal (69.7 tons)
- Turkey (65.4 tons)
- Italy (49.7 tons)
- Mauritania (49.4 tons)
- France (37.0 tons)
- Sweden (34.3 tons)
- Australia (12.2 tons)
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