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

Contents:

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

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in the UK (CIF) - 2022

The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $4,056 per ton in 2022, stabilizing at the previous year. In general, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2015 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $4,922 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Faroe Islands ($6,779 per ton), while the price for Iceland ($4,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Faroe Islands (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $6,225 per ton, with an increase of 18% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, coalfish (pollachius virens)s increased by +57.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 42%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 France ($6,795 per ton), while the average price for exports to Poland ($3,392 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 Poland (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of fish fillets; frozen, coalfish (pollachius virens)s increased by 232% to 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s soared to $7.4M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland2.52.22.17.242.3%
RussiaN/AN/AN/A0.20%
Others0.40.30.20.1-37.0%
Total2.92.52.37.436.7%

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

  1. Iceland (1781.8 tons)
  2. Russia (37.6 tons)

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

In 2022, overseas shipments of fish fillets; frozen, coalfish (pollachius virens)s were finally on the rise to reach 241 tons after two years of decline. Over the period under review, exports, however, continue to indicate a sharp reduction.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s skyrocketed to $1.5M in 2022. Overall, exports, however, continue to indicate a abrupt downturn.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland21849827673549.9%
France6554314416771.1%
Poland2862167.472.6-36.7%
SpainN/A83.4N/A10.5-64.5%
Germany5488.542.08.1-75.5%
Belgium151N/AN/AN/A0%
United States120N/AN/AN/A0%
Lithuania77.460.1N/AN/A-22.4%
Netherlands203283N/AN/A39.4%
Others6.3N/AN/AN/A0%
Total2,2651,5807671,503-12.8%

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

  1. Ireland (118.3 tons)
  2. France (99.6 tons)
  3. Poland (21.4 tons)
  4. Germany (1.3 tons)
  5. Spain (0.8 tons)

Source: IndexBox Market Intelligence Platform

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