Price for Fish; Live, Ornamental, Freshwater in Portugal - 2023

Contents:

  1. Price for Fish; Live, Ornamental, Freshwater in Portugal (CIF) - 2023
  2. Price for Fish; Live, Ornamental, Freshwater in Portugal (FOB) - 2022
  3. Imports of Fish; Live, Ornamental, Freshwater in Portugal
  4. Exports of Fish; Live, Ornamental, Freshwater in Portugal

Price for Fish; Live, Ornamental, Freshwater in Portugal (CIF) - 2023

The average fish; live, ornamental, freshwater import price stood at $54,874 per ton in June 2023, surging by 19% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 32% month-to-month. As a result, import price attained the peak level of $59,162 per ton. From November 2022 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($115K per ton), while the price for Spain ($39,674 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish; Live, Ornamental, Freshwater in Portugal (FOB) - 2022

The average fish; live, ornamental, freshwater export price stood at $89,289 per ton in 2022, dropping by -28.7% against the previous year. Overall, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54%. As a result, the export price attained the peak level of $208,998 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($176,322 per ton), while the average price for exports to Cabo Verde ($18,913 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 Angola (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Live, Ornamental, Freshwater in Portugal

In 2022, imports of fish; live, ornamental, freshwater into Portugal surged to 31 tons, growing by 46% on 2021. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fish; live, ornamental, freshwater imports skyrocketed to $1.7M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Fish; Live, Ornamental, Freshwater in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12820237365972.7%
Israel28527229440712.6%
Vietnam99.658.61101154.9%
Indonesia71.766.912011316.4%
Sri Lanka89.449.296.883.5-2.3%
Malaysia70.654.181.670.2-0.2%
Singapore11662.771.844.9-27.1%
Thailand87.773.782.840.9-22.5%
Colombia28.97.115.325.6-4.0%
Others174238158140-7.0%
Total1,1511,0851,4031,69913.9%

Top Suppliers of Fish; Live, Ornamental, Freshwater to Portugal in 2022:

  1. Spain (16.9 tons)
  2. Israel (5.7 tons)
  3. Indonesia (2.1 tons)
  4. Vietnam (1.3 tons)
  5. Sri Lanka (1.3 tons)
  6. Thailand (0.9 tons)
  7. Colombia (0.6 tons)
  8. Malaysia (0.5 tons)
  9. Singapore (0.3 tons)

Exports of Fish; Live, Ornamental, Freshwater in Portugal

In 2022, the amount of fish; live, ornamental, freshwater exported from Portugal stood at 2.9 tons, stabilizing at the previous year. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 126% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, fish; live, ornamental, freshwater exports fell significantly to $263K in 2022. Over the period under review, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, the exports reached the peak of $365K, and then dropped sharply in the following year.

Export of Fish; Live, Ornamental, Freshwater in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain241239232182-8.9%
United StatesN/A4.320.944.3221.0%
United KingdomN/AN/A50.529.0-42.6%
Cabo Verde4.40.72.91.9-24.4%
Others2.626.159.05.729.9%
Total2482703652632.0%

Top Export Markets for Fish; Live, Ornamental, Freshwater from Portugal in 2022:

  1. United Kingdom (1522.0 kg)
  2. Spain (1030.0 kg)
  3. United States (252.0 kg)
  4. Cabo Verde (103.0 kg)

Source: IndexBox Market Intelligence Platform

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