Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy
  4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy (CIF) - 2023

In October 2023, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $6,395 per ton, which is down by -25.7% against the previous month. Over the period under review, the import price saw a slight setback. The most prominent rate of growth was recorded in September 2023 an increase of 36% m-o-m. Over the period under review, average import prices attained the maximum at $9,476 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Senegal ($7,222 per ton), while the price for China amounted to $6,355 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $9,624 per ton in 2022, with an increase of 6.1% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% 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, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -8.0% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,456 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($26,719 per ton), while the average price for exports to Greece ($3,987 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 Albania (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy

In 2022, approx. 7.8K tons of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were imported into Italy; with a decrease of -13.1% on the previous year's figure. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s dropped to $64M in 2022. In general, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands54.153.564.158.12.4%
China1.81.51.22.26.9%
Spain5.51.72.21.1-41.5%
Others12.15.05.02.1-44.2%
Total73.561.772.563.6-4.7%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Italy in 2022:

  1. Netherlands (6.9K tons)
  2. China (0.5K tons)
  3. Spain (0.1K tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy

In 2022, approx. 27 tons of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were exported from Italy; waning by -74.1% compared with 2021 figures. Overall, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports reached the peak of 106 tons, and then contracted sharply in the following year.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s dropped significantly to $264K in 2022. Over the period under review, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports reached the peak of $961K, and then declined rapidly in the following year.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon186120114121-13.4%
Malta33.818.393.126.5-7.8%
Greece50.416.175.926.0-19.8%
France22.413.417.723.92.2%
Slovenia56.320223810.1-43.6%
Austria17.413.612.59.4-18.6%
Germany0.834.43.47.8113.6%
Nigeria5.44.312.56.98.5%
AlbaniaN/AN/AN/A6.40%
CongoN/AN/AN/A6.00%
Croatia31.813.420.34.7-47.1%
Spain72.752.715.0N/A-54.6%
Democratic Republic of the Congo161N/A132N/A-9.5%
Others19016522715.3-56.8%
Total829653961264-31.7%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Italy in 2022:

  1. Lebanon (11.1 tons)
  2. Greece (6.5 tons)
  3. Malta (3.0 tons)
  4. France (0.9 tons)
  5. Slovenia (0.8 tons)
  6. Albania (0.7 tons)
  7. Nigeria (0.7 tons)
  8. Germany (0.6 tons)
  9. Austria (0.5 tons)
  10. Congo (0.5 tons)
  11. Croatia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) - Italy