Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium (FOB) - 2023
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium (CIF) - 2023
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,164 per ton in October 2023, shrinking by -63.7% against the previous month. In general, the import price recorded a deep downturn. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 100% against the previous month. As a result, import price reached the peak level of $15,898 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +2.7% per month.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium (FOB) - 2023
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,322 per ton in September 2023, which is down by -21% against the previous month. In general, the export price saw a noticeable descent. The pace of growth was the most pronounced in May 2023 when the average export price increased by 224% m-o-m. The export price peaked at $6,471 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($7,301 per ton), while the average price for exports to Germany ($604 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium
In 2022, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Belgium soared to 637 tons, increasing by 98% against the year before. Over the period under review, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $3.9M in 2022. Overall, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 675 | 697 | 692 | 1,055 | 16.1% |
| Germany | 623 | 228 | 240 | 614 | -0.5% |
| Spain | N/A | 22.6 | 35.8 | 564 | 399.6% |
| France | 226 | 132 | 501 | 403 | 21.3% |
| China | 33.2 | 10.8 | N/A | 67.0 | 26.4% |
| Namibia | 151 | N/A | 500 | N/A | 82.0% |
| United States | 675 | 228 | 125 | N/A | -57.0% |
| Others | 81.3 | 42.6 | 34.2 | 1,202 | 145.4% |
| Total | 2,466 | 1,360 | 2,127 | 3,904 | 16.5% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Belgium in 2022:
- Netherlands (125.8 tons)
- Spain (113.0 tons)
- Germany (93.4 tons)
- France (65.8 tons)
- China (14.3 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium
Exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s from Belgium skyrocketed to 500 tons in 2022, jumping by 20% on the previous year's figure. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $2.4M in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 68%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 573 | 759 | 1,132 | 990 | 20.0% |
| Netherlands | 71.8 | 36.2 | 175 | 880 | 130.6% |
| Germany | 308 | 294 | 433 | 334 | 2.7% |
| Spain | 5.0 | N/A | N/A | 95.6 | 167.4% |
| Luxembourg | 45.2 | 48.5 | 97.8 | 64.4 | 12.5% |
| Denmark | N/A | N/A | 74.1 | 48.5 | -34.5% |
| Others | 4.0 | 0.8 | 2.8 | 1.7 | -24.8% |
| Total | 1,007 | 1,138 | 1,915 | 2,415 | 33.9% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Belgium in 2022:
- France (203.9 tons)
- Netherlands (157.3 tons)
- Germany (99.0 tons)
- Spain (19.7 tons)
- Denmark (10.3 tons)
- Luxembourg (9.5 tons)
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