Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal - 2023
Contents:
- Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal (CIF) - 2022
- Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal (FOB) - 2023
- Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal
- Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal
Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $7,413 per ton, growing by 9% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, nile perch (lates niloticus)s increased by +65.3% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Tanzania ($7,674 per ton) and the Netherlands ($7,601 per ton), while the price for Uganda ($7,086 per ton) and Kenya ($7,423 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal (FOB) - 2023
The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $9,334 per ton in November 2023, with an increase of 38% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Lithuania ($15,820 per ton), while the average price for exports to Poland ($7,119 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal
In 2022, purchases abroad of fish fillets; frozen, nile perch (lates niloticus)s increased by 128% to 619 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent.
In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s skyrocketed to $4.6M in 2022. Over the period under review, imports enjoyed a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 2,115 | 864 | 589 | 2,051 | -1.0% |
| Uganda | 1,227 | 344 | 520 | 1,714 | 11.8% |
| Kenya | 445 | 149 | 202 | 365 | -6.4% |
| Spain | 375 | 169 | 405 | 248 | -12.9% |
| Netherlands | 231 | 33.2 | 127 | 208 | -3.4% |
| Others | 10.5 | N/A | 4.3 | N/A | -36.0% |
| Total | 4,404 | 1,559 | 1,847 | 4,588 | 1.4% |
Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Portugal in 2022:
- Tanzania (267.3 tons)
- Uganda (241.9 tons)
- Kenya (49.2 tons)
- Spain (33.0 tons)
- Netherlands (27.4 tons)
Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal
For the third consecutive year, Portugal recorded decline in shipments abroad of fish fillets; frozen, nile perch (lates niloticus)s, which decreased by -52.2% to 38 tons in 2022. In general, exports faced a dramatic slump. The smallest decline of -8.3% was in 2020.
In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s dropped significantly to $303K in 2022. Over the period under review, exports saw a sharp descent. The smallest decline of -8.9% was in 2020.
| Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 206 | 245 | 226 | 141 | -11.9% |
| Italy | 286 | 172 | 96.5 | 101 | -29.3% |
| Canada | 27.5 | 19.2 | 1.3 | 27.7 | 0.2% |
| Malta | 17.0 | 37.4 | 13.6 | 18.2 | 2.3% |
| Luxembourg | 4.4 | 8.0 | 9.0 | 7.7 | 20.5% |
| Poland | N/A | 37.6 | 7.2 | N/A | -80.9% |
| Romania | N/A | N/A | 78.8 | N/A | 0% |
| Others | 81.8 | 47.5 | 83.5 | 8.0 | -53.9% |
| Total | 623 | 567 | 516 | 303 | -21.4% |
Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Portugal in 2022:
- Spain (17.6 tons)
- Italy (12.6 tons)
- Canada (3.4 tons)
- Malta (2.4 tons)
- Luxembourg (0.9 tons)
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