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

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Netherlands (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Netherlands (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Netherlands
  4. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Netherlands

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

In October 2023, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,525 per ton, with a decrease of -23% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 8.7% against the previous month. Over the period under review, average import prices attained the peak figure at $5,880 per ton in September 2023, and then fell notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($5,657 per ton), while the price for the United States ($3,647 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 China (+5.6%), 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 the Netherlands (FOB) - 2023

The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,191 per ton in October 2023, reducing by -33% against the previous month. In general, the export price recorded a mild descent. The pace of growth was the most pronounced in March 2023 when the average export price increased by 33% m-o-m. As a result, the export price reached the peak level of $6,592 per ton. From April 2023 to October 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Ghana ($6,512 per ton), while the average price for exports to the UK ($2,837 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 the UK (+7.5%), 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 the Netherlands

In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s imported into the Netherlands skyrocketed to 7.3K tons, rising by 116% against the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. 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 surged to $36M in 2022. Overall, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia17.76.98.516.1-3.1%
Spain1.91.11.16.550.7%
South Africa4.04.03.25.712.5%
Germany4.11.71.73.7-3.4%
United States0.40.10.31.244.2%
Denmark0.50.2N/A0.711.9%
China1.00.40.50.1-53.6%
Others0.80.30.21.523.3%
Total30.414.815.435.55.3%

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

  1. Namibia (3328.2 tons)
  2. Spain (1326.0 tons)
  3. South Africa (1150.2 tons)
  4. Germany (623.9 tons)
  5. United States (295.7 tons)
  6. Denmark (133.5 tons)
  7. China (44.6 tons)

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

In 2022, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s from the Netherlands rose to 2.7K tons, picking up by 1.9% on the previous year. Over the period under review, exports, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14%.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s expanded notably to $14M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,3644,0324,3294,74112.1%
Poland1,5868041,1832,49016.2%
Austria6957098661,20720.2%
Sweden41755578786427.5%
France1,063706988803-8.9%
Spain890731905768-4.8%
Belgium1,047752529542-19.7%
Ireland39.93.417.9445123.4%
Italy1,5401,2741,052417-35.3%
Romania18.716.2127241134.5%
Latvia70.425928223248.8%
Estonia27.316920419191.3%
United Kingdom55823649.422.2-65.9%
Others7171,2687848365.3%
Total12,03311,51612,10413,7994.7%

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

  1. Germany (890.8 tons)
  2. Poland (544.1 tons)
  3. Austria (254.1 tons)
  4. Sweden (172.7 tons)
  5. France (134.1 tons)
  6. Spain (117.3 tons)
  7. Belgium (100.1 tons)
  8. Ireland (92.9 tons)
  9. Italy (86.1 tons)
  10. Latvia (54.2 tons)
  11. Romania (49.7 tons)
  12. Estonia (48.3 tons)
  13. United Kingdom (9.0 tons)

Source: IndexBox Market Intelligence Platform

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