Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (CIF) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $6,121 per ton, increasing by 3.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 17%. The import price peaked at $6,660 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($9,440 per ton), while the price for Portugal ($4,593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $8,375 per ton in 2022, with an increase of 2.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $9,784 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,284 per ton), while the average price for exports to Belgium ($7,978 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 Belgium (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
Imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Luxembourg rose markedly to 65 tons in 2022, picking up by 5.3% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s expanded notably to $397K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 114 | 156 | 165 | 176 | 15.6% |
| Germany | 39.7 | 68.5 | 69.7 | 71.5 | 21.7% |
| Portugal | 47.5 | 52.3 | 45.8 | 53.4 | 4.0% |
| France | 14.4 | 17.3 | 19.3 | 36.0 | 35.7% |
| South Africa | 19.0 | 22.8 | 17.4 | 25.7 | 10.6% |
| Belgium | 4.9 | 16.3 | 37.8 | 22.8 | 66.9% |
| Argentina | 6.3 | 7.0 | 6.5 | 8.7 | 11.4% |
| Others | 3.0 | 1.0 | 2.0 | 3.7 | 7.2% |
| Total | 249 | 341 | 364 | 397 | 16.8% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Luxembourg in 2022:
- Namibia (29.4 tons)
- Portugal (11.6 tons)
- Germany (11.4 tons)
- France (3.8 tons)
- Belgium (3.7 tons)
- South Africa (3.5 tons)
- Argentina (1.4 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from Luxembourg skyrocketed to 2.9 tons, picking up by 103% compared with the year before. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $25K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.5 | 6.3 | 6.5 | 11.4 | 36.3% |
| France | 1.0 | 3.2 | 4.9 | 10.7 | 120.4% |
| Germany | 0.3 | 0.6 | 0.4 | 2.5 | 102.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 10.1 | 11.8 | 24.6 | 61.9% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Luxembourg in 2022:
- Belgium (1434.0 kg)
- France (1234.0 kg)
- Germany (271.0 kg)
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