Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg - 2023

Contents:

  1. Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg (CIF) - 2022
  2. Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg (FOB) - 2022
  3. Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg
  4. Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg

Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg (CIF) - 2022

The average import price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $6,803 per ton in 2022, surging by 8.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($7,344 per ton), while the price for France ($6,236 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg (FOB) - 2022

The average export price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $6,431 per ton in 2022, surging by 76% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. Over the period under review, the average export prices attained the peak figure at $10,059 per ton in 2012; however, from 2013 to 2022, the 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 Belgium ($8,372 per ton), while the average price for exports to Germany ($2,153 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 Belgium (-1.3%), while the prices for the other major destinations experienced a decline.

Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in purchases abroad of fish; toothfish (dissostichus spp.), frozen, other than filletses, which increased by 8.7% to 4.5 tons in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses skyrocketed to $31K in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.88.318.023.952.0%
France3.14.74.54.412.4%
Portugal1.72.33.82.615.2%
OthersN/AN/AN/AN/A0%
Total11.615.326.230.938.6%

Top Suppliers of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets to Luxembourg in 2022:

  1. Belgium (3.5 tons)
  2. France (0.7 tons)
  3. Portugal (0.4 tons)

Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg

In 2022, shipments abroad of fish; toothfish (dissostichus spp.), frozen, other than filletses decreased by -32.5% to 369 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a mild slump. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports attained the peak of 551 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish; toothfish (dissostichus spp.), frozen, other than filletses skyrocketed to $2.4K in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 34%. As a result, the exports attained the peak of $2.5K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,0481,0748771,86721.2%
France367649538323-4.2%
Germany414736587183-23.8%
OthersN/AN/AN/AN/A0%
Total1,8292,4592,0022,3739.1%

Top Export Markets for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets from Luxembourg in 2022:

  1. Belgium (223.0 kg)
  2. Germany (85.0 kg)
  3. France (61.0 kg)

Source: IndexBox Market Intelligence Platform

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