Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark (FOB) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark (CIF) - 2022
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark (FOB) - 2023
In October 2023, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $8,740 per ton, picking up by 2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 21% m-o-m. Over the period under review, the average export prices reached the peak figure at $9,272 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was Belgium ($9,938 per ton), while the average price for exports to the Netherlands ($7,002 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 Belgium (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $5,672 per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2016 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the peak figure at $5,698 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,000 per ton), while the price for the Netherlands ($4,679 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark
Exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s from Denmark fell sharply to 107 tons in 2022, declining by -21.1% against the previous year's figure. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 11%.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s fell sharply to $818K in 2022. Over the period under review, exports faced a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 18%.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 203 | 613 | 916 | 726 | 52.9% |
| Netherlands | 11.1 | N/A | 4.3 | 27.4 | 35.1% |
| United Kingdom | 185 | 116 | 79.9 | 19.3 | -52.9% |
| Belgium | N/A | N/A | 0.5 | 18.1 | 3520.0% |
| Germany | 79.1 | 16.7 | 3.9 | 7.3 | -54.8% |
| Bulgaria | 247 | 75.5 | 2.4 | N/A | -90.1% |
| Malta | 485 | 34.3 | N/A | N/A | -92.9% |
| Others | 120 | 11.4 | 13.8 | 19.5 | -45.4% |
| Total | 1,331 | 867 | 1,021 | 818 | -15.0% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Denmark in 2022:
- Italy (94.3 tons)
- Netherlands (4.0 tons)
- United Kingdom (2.8 tons)
- Belgium (2.2 tons)
- Germany (1.2 tons)
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark
In 2022, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 278% to 137 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a significant decline.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $776K in 2022. In general, imports, however, recorded a abrupt decrease.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 225 | 168 | 176 | 547 | 34.5% |
| Netherlands | 21.2 | 1.6 | 1.2 | 77.6 | 54.1% |
| Sweden | 28.8 | 6.9 | 5.1 | 52.6 | 22.2% |
| Belgium | N/A | N/A | N/A | 51.4 | 0% |
| Poland | 122 | 5.5 | N/A | 26.7 | -39.7% |
| Germany | 111 | 2.8 | 1.7 | 11.6 | -52.9% |
| Spain | 240 | 4.3 | 6.7 | 3.7 | -75.1% |
| China | 129 | N/A | N/A | N/A | 0% |
| Chile | 278 | 14.3 | N/A | N/A | -94.9% |
| South Africa | 133 | N/A | N/A | N/A | 0% |
| Others | 89.9 | 2.5 | 15.3 | 5.5 | -60.6% |
| Total | 1,378 | 206 | 206 | 776 | -17.4% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Denmark in 2022:
- Namibia (92.6 tons)
- Netherlands (16.6 tons)
- Belgium (10.7 tons)
- Sweden (8.4 tons)
- Poland (5.0 tons)
- Germany (1.7 tons)
- Spain (0.7 tons)
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