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

Contents:

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

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

In October 2023, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $4,467 per ton, waning by -15.4% against the previous month. Overall, the export price saw a slight downturn. The pace of growth appeared the most rapid in April 2023 an increase of 20% month-to-month. As a result, the export price attained the peak level of $7,055 per ton. From May 2023 to October 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($7,560 per ton), while the average price for exports to France ($1,799 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 (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In October 2023, the average import price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $4,290 per ton, which is down by -23.3% against the previous month. Overall, the import price recorded a mild decrease. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 10% m-o-m. Over the period under review, average import prices reached the peak figure at $6,661 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($6,865 per ton), while the price for Faroe Islands ($3,863 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 Norway (+1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of fish fillets; frozen, coalfish (pollachius virens)s decreased by -0.2% to 5.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 93%.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s surged to $28M in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 125% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.05.56.111.679.7%
Germany4.29.312.39.330.3%
France0.71.21.81.837.0%
Sweden0.40.70.20.931.0%
Belgium0.30.20.10.944.2%
LithuaniaN/AN/AN/A0.40%
Norway0.10.30.10.458.7%
Others0.61.10.52.663.0%
Total8.218.421.227.850.2%

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

  1. Poland (2094.1 tons)
  2. Germany (1781.3 tons)
  3. France (288.8 tons)
  4. Lithuania (166.5 tons)
  5. Belgium (142.3 tons)
  6. Sweden (140.9 tons)
  7. Norway (113.2 tons)

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

For the fourth year in a row, Denmark recorded growth in purchases abroad of fish fillets; frozen, coalfish (pollachius virens)s, which increased by 3.8% to 3.7K tons in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 290%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s skyrocketed to $21M in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 333%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Faroe Islands0.79.311.915.1178.4%
Lithuania0.30.20.62.4100.0%
NorwayN/A1.10.71.516.8%
Poland0.90.90.81.03.6%
IcelandN/A0.60.70.60.0%
Germany0.80.30.80.3-27.9%
Others0.30.30.50.410.1%
Total2.912.715.921.394.4%

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

  1. Faroe Islands (2693.6 tons)
  2. Lithuania (413.6 tons)
  3. Norway (247.9 tons)
  4. Poland (168.9 tons)
  5. Iceland (89.1 tons)
  6. Germany (51.5 tons)

Source: IndexBox Market Intelligence Platform

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