Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain (FOB) - 2023
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain (CIF) - 2023
In October 2023, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,768 per ton, growing by 5.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 17% m-o-m. Over the period under review, average import prices reached the peak figure at $4,930 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($7,676 per ton), while the price for Argentina ($3,714 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 Italy (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain (FOB) - 2023
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $5,713 per ton in October 2023, surging by 3.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in December 2022 when the average export price increased by 8.5% month-to-month. Over the period under review, the average export prices hit record highs at $5,935 per ton in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($7,204 per ton), while the average price for exports to Croatia ($4,314 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 Poland (+1.8%), 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 Spain
In 2022, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Spain soared to 49K tons, jumping by 66% on 2021. In general, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $212M in 2022. Over the period under review, imports, however, saw a abrupt slump.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 160 | 63.0 | 62.4 | 113 | -10.9% |
| Argentina | 33.9 | 14.4 | 16.7 | 35.6 | 1.6% |
| South Africa | 34.6 | 16.2 | 16.6 | 26.3 | -8.7% |
| United States | 12.7 | 5.0 | 5.9 | 12.6 | -0.3% |
| Chile | 12.5 | 4.1 | 4.9 | 12.0 | -1.4% |
| Others | 18.8 | 6.1 | 7.3 | 12.9 | -11.8% |
| Total | 273 | 109 | 114 | 212 | -8.1% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Spain in 2022:
- Namibia (25.5K tons)
- Argentina (10.1K tons)
- South Africa (5.9K tons)
- United States (3.1K tons)
- Chile (1.6K tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from Spain declined slightly to 14K tons, approximately mirroring 2021 figures. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, the exports reached the peak of 14K tons, leveling off in the following year.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s rose slightly to $64M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 21%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.7 | 28.0 | 29.1 | 27.9 | 1.5% |
| Portugal | 15.2 | 13.7 | 15.5 | 16.5 | 2.8% |
| Poland | 1.2 | 0.9 | 2.6 | 4.2 | 51.8% |
| France | 3.2 | 3.9 | 3.5 | 3.7 | 5.0% |
| Germany | 0.4 | 0.3 | 0.4 | 2.3 | 79.2% |
| Croatia | 0.5 | 0.4 | 4.4 | 1.7 | 50.4% |
| Bulgaria | 0.1 | 0.1 | 0.6 | 1.2 | 128.9% |
| Others | 3.4 | 3.7 | 5.5 | 6.4 | 23.5% |
| Total | 50.7 | 50.9 | 61.6 | 64.0 | 8.1% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Spain in 2022:
- Italy (5.9K tons)
- Portugal (3.5K tons)
- Poland (1.1K tons)
- France (0.7K tons)
- Germany (0.5K tons)
- Bulgaria (0.5K tons)
- Croatia (0.4K tons)
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