Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway - 2024
Contents:
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway (FOB) - 2024
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway (CIF) - 2022
- Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway
- Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway (FOB) - 2024
The average export price for fish fillets; frozen, coalfish (pollachius virens)s stood at $4,729 per ton in December 2023, waning by -5.6% against the previous month. In general, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 20% month-to-month. The export price peaked at $6,784 per ton in August 2023; however, from September 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($6,906 per ton), while the average price for exports to Poland ($3,593 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway (CIF) - 2022
The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $5,090 per ton in 2022, jumping by 33% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,494 per ton), while the price for Iceland ($3,579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway
In 2022, exports of fish fillets; frozen, coalfish (pollachius virens)s from Norway dropped to 2.5K tons, declining by -12.8% against the previous year's figure. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s stood at $14M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.3 | 0.6 | 1.4 | 3.5 | 2.0% |
| Germany | 1.4 | 1.6 | 2.2 | 3.4 | 34.4% |
| Sweden | 1.4 | 1.3 | 1.4 | 2.2 | 16.3% |
| Poland | 3.4 | 3.7 | 3.8 | 1.8 | -19.1% |
| Netherlands | 0.3 | 0.6 | 0.8 | 1.1 | 54.2% |
| Finland | 0.8 | 0.8 | 0.8 | 1.1 | 11.2% |
| France | 1.5 | 0.5 | 1.8 | 0.7 | -22.4% |
| Others | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
| Total | 12.4 | 9.2 | 12.6 | 14.1 | 4.4% |
Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Norway in 2022:
- Germany (620.2 tons)
- Turkey (554.0 tons)
- Sweden (365.8 tons)
- Poland (301.2 tons)
- Netherlands (220.3 tons)
- Finland (198.2 tons)
- France (129.3 tons)
Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway
For the third year in a row, Norway recorded decline in purchases abroad of fish fillets; frozen, coalfish (pollachius virens)s, which decreased by -6% to 459 tons in 2022. Over the period under review, imports showed a deep setback.
In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s skyrocketed to $2.3M in 2022. In general, imports recorded a relatively flat trend pattern.
| Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 72.5 | 176 | 472 | 795 | 122.2% |
| Denmark | 259 | 278 | 179 | 459 | 21.0% |
| China | 821 | 401 | 184 | 301 | -28.4% |
| Sweden | 171 | 177 | 200 | 297 | 20.2% |
| Poland | 33.4 | 87.2 | 165 | 127 | 56.1% |
| Russia | N/A | N/A | N/A | 103 | 0% |
| Iceland | 75.9 | 318 | 147 | 68.6 | -3.3% |
| Spain | N/A | N/A | 193 | 59.9 | -69.0% |
| Faroe Islands | 409 | 33.8 | 155 | 37.6 | -54.9% |
| Estonia | 503 | 618 | N/A | N/A | 22.9% |
| Others | 33.5 | 38.3 | 177 | 87.8 | 37.9% |
| Total | 2,378 | 2,128 | 1,873 | 2,335 | -0.6% |
Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Norway in 2022:
- Lithuania (122.6 tons)
- Denmark (113.7 tons)
- Sweden (53.7 tons)
- China (46.4 tons)
- Poland (32.3 tons)
- Russia (28.4 tons)
- Iceland (19.2 tons)
- Spain (14.9 tons)
- Faroe Islands (10.5 tons)
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