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

Contents:

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

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

The average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $4,662 per ton in October 2023, declining by -4.4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 31% m-o-m. As a result, import price reached the peak level of $6,250 per ton. From February 2023 to October 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 France ($10,744 per ton), while the price for China ($3,990 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 Senegal (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $7,744 per ton in October 2023, growing by 11% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 42% m-o-m. As a result, the export price attained the peak level of $9,890 per ton. From January 2023 to October 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($16,016 per ton), while the average price for exports to Portugal ($3,712 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.7%), 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 Spain

In 2022, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s into Spain shrank to 2.4K tons, which is down by -7.6% compared with the previous year's figure. In general, imports showed a abrupt descent. The smallest decline of -3.9% was in 2021.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s rose markedly to $12M in 2022. Over the period under review, imports recorded a deep contraction.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.57.68.69.43.4%
France0.50.60.80.921.6%
Denmark1.70.30.50.6-29.3%
Netherlands0.30.40.50.410.1%
Senegal0.30.20.20.410.1%
Portugal1.80.8N/A0.1-61.8%
Others0.60.80.20.1-45.0%
Total13.810.510.811.8-5.1%

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

  1. China (1976.7 tons)
  2. France (113.5 tons)
  3. Denmark (98.5 tons)
  4. Netherlands (89.4 tons)
  5. Senegal (55.9 tons)
  6. Portugal (45.8 tons)

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

For the fourth consecutive year, Spain recorded growth in overseas shipments of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s, which increased by 16% to 1.5K tons in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 85%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s expanded significantly to $12M in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 110%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,1792,5285,2825,45466.6%
United States1.20.11,3791,9311071.8%
CanadaN/AN/A1,6541,315-20.5%
Italy1,1811,5411,4481,2000.5%
Portugal32430718580335.3%
Greece2.41.840.1122270.4%
Germany35426013268.7-42.1%
Austria35220410142.5-50.6%
Others5621602836696.0%
Total3,9555,00210,50311,60643.2%

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

  1. France (804.4 tons)
  2. Portugal (223.2 tons)
  3. Italy (167.9 tons)
  4. United States (149.9 tons)
  5. Canada (65.4 tons)
  6. Greece (24.6 tons)
  7. Germany (11.8 tons)
  8. Austria (6.2 tons)

Source: IndexBox Market Intelligence Platform

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