Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy (CIF) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy (FOB) - 2023
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy (CIF) - 2023
In November 2023, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $8,122 per ton, which is down by -3.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 14% m-o-m. As a result, import price attained the peak level of $9,146 per ton. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($9,411 per ton), while the price for China ($5,659 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Russia (+2.1%), 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 Italy (FOB) - 2023
The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $14,727 per ton in November 2023, flattening at the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 56% against the previous month. As a result, the export price reached the peak level of $16,571 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($17,973 per ton), while the average price for exports to Kosovo ($8,848 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 Kosovo (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy
In 2022, the amount of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s imported into Italy contracted to 7.3K tons, waning by -11.5% on the year before. Over the period under review, imports saw a mild downturn. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 8.2K tons, and then reduced in the following year.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $54M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 20.0 | 14.8 | 19.2 | 19.0 | -1.7% |
| Netherlands | 7.2 | 6.8 | 10.9 | 11.2 | 15.9% |
| Denmark | 4.7 | 3.9 | 6.6 | 8.2 | 20.4% |
| China | 6.0 | 5.4 | 6.1 | 6.3 | 1.6% |
| Germany | 0.9 | 3.2 | 2.1 | 3.3 | 54.2% |
| Portugal | 0.5 | 0.4 | 0.7 | 1.7 | 50.4% |
| Russia | 1.4 | 1.5 | 1.9 | 1.4 | 0.0% |
| Iceland | 1.6 | 1.8 | 0.9 | 0.7 | -24.1% |
| Others | 2.9 | 3.1 | 2.8 | 1.9 | -13.1% |
| Total | 45.1 | 40.9 | 51.3 | 54.0 | 6.2% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Italy in 2022:
- Spain (2476.4 tons)
- Netherlands (1445.8 tons)
- China (1105.9 tons)
- Denmark (1058.6 tons)
- Germany (406.0 tons)
- Russia (216.0 tons)
- Portugal (211.4 tons)
- Iceland (97.2 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy
In 2022, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s from Italy soared to 159 tons, increasing by 40% compared with 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $1.6M in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 49.5 | 378 | 308 | 342 | 90.5% |
| Spain | 32.5 | 0.1 | 17.8 | 341 | 118.9% |
| Democratic Republic of the Congo | 70.3 | N/A | 107 | 196 | 40.7% |
| Mali | N/A | N/A | 21.2 | 101 | 376.4% |
| Switzerland | 75.2 | 105 | 110 | 92.6 | 7.2% |
| Hungary | 17.3 | 27.4 | 60.2 | 70.1 | 59.4% |
| Sudan | N/A | 37.3 | N/A | 60.3 | 27.1% |
| Lebanon | 120 | 104 | 311 | 53.2 | -23.7% |
| Malta | 43.5 | 31.7 | 32.0 | 50.9 | 5.4% |
| Luxembourg | 0.2 | N/A | 0.8 | 39.1 | 480.4% |
| Netherlands | 0.7 | 0.6 | 27.1 | 30.5 | 251.9% |
| Congo | 7.1 | N/A | 4.0 | 29.3 | 60.4% |
| Slovenia | 11.5 | 9.0 | 26.3 | 22.0 | 24.1% |
| Others | 295 | 236 | 198 | 168 | -17.1% |
| Total | 723 | 929 | 1,224 | 1,597 | 30.2% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Italy in 2022:
- Spain (52.5 tons)
- France (30.4 tons)
- Democratic Republic of the Congo (12.4 tons)
- Switzerland (8.7 tons)
- Mali (6.3 tons)
- Hungary (5.8 tons)
- Malta (5.7 tons)
- Congo (5.2 tons)
- Lebanon (4.9 tons)
- Sudan (3.6 tons)
- Luxembourg (3.0 tons)
- Netherlands (2.6 tons)
- Slovenia (2.5 tons)
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