Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland (CIF) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland (FOB) - 2023
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland (CIF) - 2023
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $9,395 per ton in November 2023, increasing by 6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 10% month-to-month. The import price peaked at $10,143 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the Netherlands ($10,754 per ton) and Russia ($9,881 per ton), while the price for China ($7,831 per ton) and Germany ($8,592 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland (FOB) - 2023
In November 2023, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $11,207 per ton, surging by 13% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 25% month-to-month. As a result, the export price reached the peak level of $11,868 per ton. From August 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($13,170 per ton), while the average price for exports to Gibraltar ($2,049 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland
In 2022, overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -7.6% to 3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a mild slump. The pace of growth appeared the most rapid in 2020 with an increase of 2.1% against the previous year.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s reached $25M in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.3 | 9.5 | 10.8 | 14.5% |
| Netherlands | N/A | 1.4 | 2.9 | 4.3 | 75.3% |
| Russia | 1.8 | 1.7 | 4.6 | 3.8 | 28.3% |
| Iceland | N/A | N/A | 2.7 | 2.4 | -11.1% |
| Germany | 0.4 | 0.7 | 1.6 | 1.2 | 44.2% |
| Denmark | N/A | 0.3 | 0.6 | 0.8 | 63.3% |
| Greenland | N/A | N/A | 2.0 | 0.7 | -65.0% |
| Norway | N/A | N/A | 0.2 | 0.6 | 200.0% |
| United Kingdom | 8.3 | 10.6 | 0.4 | 0.3 | -66.9% |
| Others | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
| Total | 18.0 | 22.4 | 24.7 | 25.2 | 11.9% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Ireland in 2022:
- China (1454.0 tons)
- Netherlands (466.5 tons)
- Russia (418.1 tons)
- Iceland (207.4 tons)
- Germany (123.7 tons)
- Denmark (101.9 tons)
- Norway (63.1 tons)
- Greenland (60.8 tons)
- United Kingdom (36.8 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland
In 2022, approx. 154 tons of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were exported from Ireland; growing by 68% against 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 106%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $1.3M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 369%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 178 | 180 | 421 | 962 | 75.5% |
| Germany | N/A | 597 | 328 | 199 | -42.3% |
| Gibraltar | N/A | N/A | N/A | 152 | 0% |
| Spain | N/A | N/A | N/A | 16.4 | 0% |
| Netherlands | N/A | 59.5 | N/A | N/A | 0% |
| Others | 13.7 | 61.9 | 10.4 | 17.9 | 9.3% |
| Total | 191 | 898 | 759 | 1,347 | 91.8% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Ireland in 2022:
- United Kingdom (118.0 tons)
- Gibraltar (17.8 tons)
- Germany (13.4 tons)
- Spain (3.3 tons)
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