Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy
  4. Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $4,900 per ton, with an increase of 2.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The import price peaked at $5,179 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Croatia ($6,340 per ton), while the price for Spain ($3,462 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy (FOB) - 2022

The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $13,966 per ton in 2022, dropping by -17.1% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s increased by +59.6% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 84% against the previous year. As a result, the export price attained the peak level of $17,742 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($15,534 per ton), while the average price for exports to France ($8,265 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 Malta (+21.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy

In 2022, after three years of growth, there was significant decline in overseas purchases of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, when their volume decreased by -43.4% to 25 tons. In general, imports, however, continue to indicate a modest increase. The growth pace was the most rapid in 2020 when imports increased by 61% against the previous year.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s contracted remarkably to $124K in 2022. Overall, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 111% against the previous year.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands54.538.355.442.0-8.3%
Portugal4.4N/A9.825.278.9%
CroatiaN/A48.87.724.9-28.6%
Denmark16.910.726.114.1-5.9%
Greece2.956.11018.844.8%
Spain0.915.313.98.7113.0%
Others0.6N/AN/AN/A0%
Total80.216921412415.6%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Italy in 2022:

  1. Netherlands (8.8 tons)
  2. Portugal (6.4 tons)
  3. Croatia (3.9 tons)
  4. Spain (2.5 tons)
  5. Denmark (2.3 tons)
  6. Greece (1.4 tons)

Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy

In 2022, after two years of decline, there was significant growth in shipments abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, when their volume increased by 64% to 1.5 tons. In general, exports, however, showed a deep slump.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s skyrocketed to $21K in 2022. Over the period under review, total exports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria11.09.914.017.617.0%
France1.30.20.11.1-5.4%
HungaryN/A0.10.71.1231.7%
BelgiumN/AN/AN/A0.80%
Malta6.71.5N/AN/A-77.6%
Others0.60.80.4N/A-18.4%
Total19.612.515.220.71.8%

Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Italy in 2022:

  1. Austria (1135.0 kg)
  2. France (136.0 kg)
  3. Hungary (122.0 kg)
  4. Belgium (90.0 kg)

Source: IndexBox Market Intelligence Platform

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