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

Contents:

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

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

In 2022, the average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1,590 per ton, jumping by 38% against the previous year. In general, the export price, however, recorded a mild shrinkage. The export price peaked at $1,923 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,773 per ton), while the average price for exports to Latvia ($1,114 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 France (-0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $2,897 per ton, rising by 36% against the previous year. In general, the import price posted a pronounced increase. The most prominent rate of growth was recorded in 2021 an increase of 131% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Iceland.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +4.5% per year.

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

In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s exported from the UK expanded markedly to 5.3K tons, picking up by 12% against 2021 figures. The total export volume increased at an average annual rate of +15.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s soared to $8.5M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.5% against 2019 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.11.00.64.863.4%
Netherlands0.81.11.11.933.4%
Poland1.00.40.20.2-41.5%
Latvia0.10.12.80.10.0%
Ireland0.60.80.8N/A15.5%
France0.73.1N/AN/A342.9%
Others0.40.5N/A1.348.1%
Total4.67.15.58.522.7%

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

  1. Germany (2861.8 tons)
  2. Netherlands (1093.6 tons)
  3. Latvia (130.3 tons)
  4. Poland (126.0 tons)
  5. Ireland (30.1 tons)

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

In 2022, approx. 2.6 tons of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s were imported into the UK; increasing by 27% compared with the previous year's figure. Overall, imports, however, showed a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 2,512%. As a result, imports attained the peak of 213 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s skyrocketed to $7.5K in 2022. Over the period under review, imports, however, recorded a sharp decline. The pace of growth appeared the most rapid in 2020 when imports increased by 1,176%. As a result, imports attained the peak of $196K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IcelandN/AN/AN/A7.50%
NorwayN/A164N/AN/A0%
Latvia9.716.0N/AN/A64.9%
NetherlandsN/A11.23.2N/A-71.4%
Others5.64.21.2N/A-53.7%
Total15.31964.47.5-21.2%

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

  1. Iceland (2.6 tons)

Source: IndexBox Market Intelligence Platform

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