Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg (CIF) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg (FOB) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg (CIF) - 2023
In October 2023, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $14,100 per ton, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 18% against the previous month. As a result, import price attained the peak level of $16,326 per ton. From July 2023 to October 2023, the average 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 France ($16,647 per ton), while the price for Portugal ($11,025 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 France (+1.9%), 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 Luxembourg (FOB) - 2022
The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $15,416 per ton in 2022, rising by 9.4% against the previous year. Overall, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2017 an increase of 12%. The export price peaked at $18,346 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($15,643 per ton) and Belgium ($15,441 per ton), while the average price for exports to Azerbaijan ($14,150 per ton) and Germany ($14,878 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+2.0%), 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 Luxembourg
In 2022, overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -7.5% to 133 tons, falling for the second year in a row after two years of growth. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports attained the peak of 160 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped slightly to $1.7M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 28%. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 288 | 1,454 | 1,205 | 1,040 | 53.4% |
| France | 53.3 | 180 | 235 | 287 | 75.3% |
| Portugal | 191 | 229 | 198 | 234 | 7.0% |
| Germany | 51.3 | 103 | 102 | 115 | 30.9% |
| Netherlands | 106 | 18.9 | 28.5 | 26.4 | -37.1% |
| Norway | 167 | N/A | N/A | N/A | 0% |
| China | 407 | N/A | N/A | N/A | 0% |
| Others | 288 | 0.3 | 0.5 | N/A | -95.8% |
| Total | 1,550 | 1,985 | 1,770 | 1,703 | 3.2% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Luxembourg in 2022:
- Belgium (74.6 tons)
- France (23.9 tons)
- Portugal (21.1 tons)
- Germany (10.9 tons)
- Netherlands (2.4 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg
In 2022, the amount of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s exported from Luxembourg dropped sharply to 4.5 tons, with a decrease of -19.6% compared with the previous year's figure. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 7.2%.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s shrank to $69K in 2022. In general, exports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. As a result, the exports reached the peak of $78K, and then shrank in the following year.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 47.3 | 38.3 | 35.7 | 29.4 | -14.7% |
| France | 16.8 | 22.9 | 33.4 | 27.4 | 17.7% |
| Germany | 6.5 | 7.2 | 8.2 | 11.6 | 21.3% |
| Azerbaijan | 3.8 | 0.3 | 0.7 | 0.3 | -57.1% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 74.3 | 68.7 | 78.1 | 68.6 | -2.6% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Luxembourg in 2022:
- Belgium (1.9 tons)
- France (1.8 tons)
- Germany (0.8 tons)
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