Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium
  4. Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium (CIF) - 2023

The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $4,245 per ton in August 2023, which is down by -41.2% against the previous month. Overall, the import price saw a noticeable shrinkage. The growth pace was the most rapid in June 2023 when the average import price increased by 45% month-to-month. Over the period under review, average import prices reached the maximum at $10,016 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($9,182 per ton), while the price for Luxembourg ($1,336 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $6,060 per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $6,815 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Germany ($10,310 per ton), while the average price for exports to Brazil ($5,118 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 Germany (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium

In 2022, supplies from abroad of fish fillets; frozen, coalfish (pollachius virens)s was finally on the rise to reach 833 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a perceptible slump.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s soared to $5.3M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +93.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,4678831,1861,9229.4%
Netherlands1,3498501,2511,6827.6%
Germany1,296291174668-19.8%
France5111745276015.6%
Lithuania47.790.437833892.1%
Others32.245726.796.043.9%
Total4,7042,7453,5435,3074.1%

Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Belgium in 2022:

  1. Denmark (297.0 tons)
  2. Netherlands (259.0 tons)
  3. Germany (109.4 tons)
  4. France (97.2 tons)
  5. Lithuania (51.1 tons)

Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium

In 2022, exports of fish fillets; frozen, coalfish (pollachius virens)s from Belgium skyrocketed to 321 tons, picking up by 144% against 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s soared to $1.9M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A9650%
Germany4972674175010.3%
Luxembourg12410214530835.4%
France166217175123-9.5%
Netherlands34.980.451.840.55.1%
Poland130N/AN/AN/A0%
Others36.41.56.55.2-47.7%
Total9886687951,94325.3%

Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Belgium in 2022:

  1. Brazil (188.6 tons)
  2. Luxembourg (56.3 tons)
  3. Germany (48.6 tons)
  4. France (20.4 tons)
  5. Netherlands (6.1 tons)

Source: IndexBox Market Intelligence Platform

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