Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK (CIF) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $5,227 per ton, reducing by -2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2015 an increase of 29%. Over the period under review, average import prices attained the maximum at $5,347 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,981 per ton), while the price for Argentina ($2,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), 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 UK (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $5,940 per ton in 2022, jumping by 25% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $6,191 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($7,132 per ton), while the average price for exports to France amounted to $4,861 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+2.3%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK
In 2022, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 154% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted strong growth. 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 soared to $11M in 2022. Over the period under review, imports posted a prominent 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 5.9 | 3.3 | 2.8 | 8.4 | 12.5% |
| Namibia | N/A | N/A | N/A | 1.0 | 0% |
| China | 0.4 | 0.7 | 0.7 | 0.7 | 20.5% |
| Peru | 0.2 | 0.1 | N/A | 0.2 | 0.0% |
| Argentina | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.4 | N/A | N/A | N/A | 0% |
| Denmark | 0.5 | 0.3 | 0.3 | N/A | -22.5% |
| Others | 0.3 | 0.2 | 0.6 | 0.7 | 32.6% |
| Total | 7.7 | 4.6 | 4.5 | 11.0 | 12.6% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to the UK in 2022:
- South Africa (1524.4 tons)
- Namibia (229.0 tons)
- China (163.9 tons)
- Peru (57.0 tons)
- Argentina (37.0 tons)
- United States (1.4 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK
In 2022, shipments abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 19% to 34 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic decline.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $204K in 2022. In general, exports, however, showed a sharp descent.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 128 | 129 | 1.8 | 98.7 | -8.3% |
| Ireland | 1,298 | 1,219 | 113 | 97.3 | -57.8% |
| Netherlands | 94.2 | 140 | N/A | 4.4 | -64.0% |
| Sweden | 110 | N/A | N/A | N/A | 0% |
| Poland | 51.9 | N/A | N/A | N/A | 0% |
| Italy | 171 | 230 | N/A | N/A | 34.5% |
| Others | 17.0 | 0.5 | 21.6 | 3.4 | -41.5% |
| Total | 1,870 | 1,719 | 137 | 204 | -52.2% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from the UK in 2022:
- France (20.3 tons)
- Ireland (13.6 tons)
- Netherlands (0.2 tons)
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