Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK (CIF) - 2023
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK (FOB) - 2023
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK (CIF) - 2023
The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $14,016 per ton in November 2023, rising by 2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 4% m-o-m. Over the period under review, average import prices hit record highs at $15,622 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Japan ($21,865 per ton), while the price for Turkey ($12,801 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK (FOB) - 2023
In November 2023, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $6,869 per ton, approximately equating the previous month. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 39% against the previous month. The export price peaked at $17,205 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was France ($12,267 per ton), while the average price for exports to the Netherlands totaled $5,677 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK
In 2022, supplies from abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -11.2% to 2.7K tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of 5.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s totaled $39M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of $45M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.1 | 8.5 | 23.9 | 25.2 | 60.5% |
| Spain | 1.9 | 1.8 | 3.0 | 4.1 | 29.2% |
| Sri Lanka | 4.3 | 4.1 | 4.8 | 3.7 | -4.9% |
| Japan | 1.6 | 0.9 | 1.4 | 1.9 | 5.9% |
| Seychelles | 0.7 | 0.7 | 0.9 | 1.1 | 16.3% |
| Maldives | 2.7 | 1.6 | 1.2 | 1.0 | -28.2% |
| Netherlands | 9.0 | 7.0 | 0.5 | 0.2 | -71.9% |
| Iceland | 1.7 | 1.6 | 0.7 | 0.2 | -51.0% |
| Denmark | 1.5 | 13.1 | 1.3 | N/A | -6.9% |
| Germany | 2.0 | 1.7 | 0.1 | N/A | -77.6% |
| Others | 1.8 | 3.9 | 1.3 | 2.0 | 3.6% |
| Total | 33.1 | 44.9 | 38.9 | 39.4 | 6.0% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to the UK in 2022:
- Turkey (1816.5 tons)
- Spain (260.8 tons)
- Sri Lanka (208.0 tons)
- Japan (76.2 tons)
- Seychelles (75.2 tons)
- Maldives (49.2 tons)
- Iceland (21.1 tons)
- Netherlands (9.3 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in the UK
In 2022, approx. 2.8K tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were exported from the UK; increasing by 25% compared with the previous year. Over the period under review, exports, however, recorded a abrupt descent.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s skyrocketed to $33M in 2022. In general, exports continue to indicate a relatively flat trend pattern. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.6 | 0.8 | 8.5 | 25.5 | 249.0% |
| Netherlands | 4.3 | 3.9 | 2.5 | 2.6 | -15.4% |
| France | 22.8 | 20.2 | 7.0 | 2.6 | -51.5% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Italy | 1.5 | 1.5 | N/A | N/A | 0.0% |
| Others | 2.8 | 3.5 | 0.6 | 2.3 | -6.3% |
| Total | 32.1 | 29.9 | 18.6 | 32.9 | 0.8% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from the UK in 2022:
- United States (1882.0 tons)
- Netherlands (482.3 tons)
- France (239.1 tons)
- South Korea (48.0 tons)
- Italy (0.5 tons)
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