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

Contents:

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

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

The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $6,164 per ton in October 2023, reducing by -7.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 17% month-to-month. The import price peaked at $6,838 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 Iceland ($7,291 per ton), while the price for China ($4,243 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 Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish fillets; frozen, coalfish (pollachius virens)s stood at $5,157 per ton in October 2023, shrinking by -12.9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average export price increased by 19% against the previous month. As a result, the export price reached the peak level of $6,630 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In October 2023, the countries with the highest prices were Cuba ($6,379 per ton) and Italy ($5,358 per ton), while the average price for exports to Portugal ($4,521 per ton) and Greece ($4,716 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of fish fillets; frozen, coalfish (pollachius virens)s into Spain amounted to 5.3K tons, surging by 3% compared with 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s surged to $29M in 2022. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland13.88.712.314.21.0%
Netherlands2.32.84.58.755.8%
China2.11.21.33.821.9%
DenmarkN/AN/A1.01.220.0%
Germany0.70.30.60.6-5.0%
Others0.80.10.30.80.0%
Total19.713.120.129.414.3%

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

  1. Iceland (2237.7 tons)
  2. Netherlands (1748.6 tons)
  3. China (838.4 tons)
  4. Denmark (190.9 tons)
  5. Germany (99.8 tons)

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

After three years of growth, overseas shipments of fish fillets; frozen, coalfish (pollachius virens)s decreased by -41.9% to 473 tons in 2022. Overall, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 61% against the previous year.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s reduced dramatically to $2.4M in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 62%. As a result, the exports reached the peak of $3M, and then contracted sharply in the following year.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2173367881,10572.0%
Greece19715336755641.3%
Portugal61450.1294269-24.0%
Cuba16753.974.42158.8%
Cabo Verde10221.97.81061.3%
Netherlands5.21,2231,43749.8112.4%
Morocco0.2N/AN/A41.2490.6%
Others10328.261.01061.0%
Total1,4051,8663,0302,44920.3%

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

  1. Italy (218.1 tons)
  2. Greece (114.0 tons)
  3. Portugal (53.7 tons)
  4. Cuba (31.3 tons)
  5. Cabo Verde (16.2 tons)
  6. Netherlands (13.3 tons)
  7. Morocco (8.8 tons)

Source: IndexBox Market Intelligence Platform

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