Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway
  4. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $7,036 per ton, surging by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($7,820 per ton), while the price for China amounted to $7,034 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $8,793 per ton, picking up by 77% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($191,312 per ton), while the average price for exports to the UK ($3,538 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 Spain (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway

After two years of decline, purchases abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 365,300% to 102 tons in 2022. Overall, imports recorded a significant increase. As a result, imports attained 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 skyrocketed to $720K in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17166.50.271561.1%
Sweden16.86.4N/A0.8-63.8%
Others14.813.0N/A3.8-36.4%
Total20386.00.272052.5%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Norway in 2022:

  1. China (101.7 tons)
  2. Sweden (0.1 tons)

Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway

In 2022, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s from Norway soared to 7.5 tons, rising by 747% against the previous year's figure. Over the period under review, exports, however, continue to indicate a precipitous curtailment.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $66K in 2022. Overall, exports, however, saw a deep reduction.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/AN/A29.50%
Poland18.628.72.018.5-0.2%
Sweden12.112.60.87.6-14.4%
United Kingdom14.622.71.17.3-20.6%
Austria5.04.50.32.1-25.1%
Germany4.82.7N/A0.4-56.3%
France24.7N/AN/AN/A0%
United StatesN/A52.5N/AN/A0%
Others35.44.50.21.0-69.5%
Total1151284.466.4-16.7%

Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Norway in 2022:

  1. Poland (4.1 tons)
  2. United Kingdom (2.1 tons)
  3. Sweden (0.8 tons)
  4. Austria (0.3 tons)
  5. Czech Republic (0.2 tons)

Source: IndexBox Market Intelligence Platform

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