Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway - 2024

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway (FOB) - 2024
  2. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway
  4. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway (FOB) - 2024

The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $1,871 per ton in December 2023, flattening at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 6.9% against the previous month. The export price peaked in December 2023.

Average prices varied noticeably for the major external markets. In December 2023, the countries with the highest prices were Japan ($2,142 per ton) and the Netherlands ($2,063 per ton), while the average price for exports to Poland ($1,785 per ton) and Belarus ($1,904 per ton) were amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1,151 per ton, with a decrease of -54.2% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 122%. As a result, import price reached the peak level of $11,584 per ton. From 2015 to 2022, the average 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 Sweden ($5,740 per ton), while the price for Poland stood at $1,040 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+0.6%).

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

In 2022, after three years of growth, there was significant decline in overseas shipments of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, when their volume decreased by -6.7% to 52K tons. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s contracted to $87M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports reached the peak of $96M, and then declined in the following year.

Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland33.239.651.941.07.3%
Lithuania6.48.48.511.120.1%
France3.58.88.38.232.8%
Germany5.03.73.37.715.5%
Netherlands4.58.411.55.78.2%
Japan3.11.83.64.08.9%
Canada0.90.53.33.354.2%
Belarus1.90.52.61.6-5.6%
Others2.93.23.34.314.0%
Total61.474.996.286.912.3%

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

  1. Poland (25.6K tons)
  2. Lithuania (6.9K tons)
  3. France (5.0K tons)
  4. Germany (3.9K tons)
  5. Netherlands (3.0K tons)
  6. Japan (2.2K tons)
  7. Canada (1.5K tons)
  8. Belarus (1.0K tons)

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

In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s imported into Norway surged to 8.2 tons, picking up by 1,235% against 2021 figures. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 34,186% against the previous year. As a result, imports reached the peak of 60 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s surged to $9.4K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 16,391%. As a result, imports attained the peak of $96K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A8.30%
Sweden0.6N/A0.41.122.4%
United KingdomN/A95.8N/AN/A0%
OthersN/AN/A1.1N/A0%
Total0.695.81.59.4150.2%

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

  1. Poland (8.0 tons)
  2. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform

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