United Kingdom - Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat and Fish Extracts in the UK - 2023
Contents:
- Price for Meat and Fish Extracts in the UK (CIF) - 2023
- Price for Meat and Fish Extracts in the UK (FOB) - 2022
- Imports of Meat and Fish Extracts in the UK
- Exports of Meat and Fish Extracts in the UK
Price for Meat and Fish Extracts in the UK (CIF) - 2023
The average meat and fish extracts import price stood at $6,515 per ton in June 2023, with a decrease of -7.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 74% month-to-month. As a result, import price attained the peak level of $10,557 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Norway ($41,795 per ton), while the price for the Philippines ($2,938 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 Poland (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat and Fish Extracts in the UK (FOB) - 2022
In 2022, the average meat and fish extracts export price amounted to $9,037 per ton, picking up by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 111% against the previous year. As a result, the export price reached the peak level of $10,230 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($14,724 per ton), while the average price for exports to Malta ($2,589 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 Bulgaria (+47.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat and Fish Extracts in the UK
In 2022, overseas purchases of extracts and juices of meat, fish, crustaceans and molluscs decreased by -41.4% to 796 tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, meat and fish extracts imports fell markedly to $5.1M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $10M, and then declined dramatically in the following year.
| Import of Meat and Fish Extracts in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 806 | 630 | 655 | 1,427 | 21.0% |
| Italy | 184 | 515 | 669 | 829 | 65.2% |
| Ireland | 3,292 | 3,133 | 5,648 | 574 | -44.1% |
| Thailand | 226 | 306 | 293 | 574 | 36.4% |
| Brazil | 235 | 364 | 890 | 464 | 25.5% |
| Norway | N/A | 63.6 | 118 | 280 | 109.8% |
| Belgium | 513 | 194 | 29.8 | 154 | -33.0% |
| Netherlands | 331 | 869 | 13.7 | 147 | -23.7% |
| China | 77.7 | 57.8 | 101 | 121 | 15.9% |
| Spain | 209 | 334 | 175 | 97.2 | -22.5% |
| Hong Kong SAR | N/A | 43.8 | 53.2 | 64.2 | 21.1% |
| Poland | 865 | 1,349 | 1,159 | 62.0 | -58.5% |
| Germany | 62.5 | 128 | 48.6 | 1.1 | -74.0% |
| Others | 331 | 443 | 379 | 291 | -4.2% |
| Total | 7,131 | 8,430 | 10,231 | 5,086 | -10.7% |
Top Suppliers of Meat and Fish Extracts to the UK in 2022:
- Thailand (182.9 tons)
- France (182.0 tons)
- Italy (124.9 tons)
- Ireland (62.4 tons)
- China (45.6 tons)
- Belgium (31.3 tons)
- Brazil (29.9 tons)
- Hong Kong SAR (22.2 tons)
- Poland (21.7 tons)
- Netherlands (19.9 tons)
- Norway (18.7 tons)
- Spain (13.5 tons)
- Germany (0.5 tons)
Exports of Meat and Fish Extracts in the UK
In 2022, shipments abroad of extracts and juices of meat, fish, crustaceans and molluscs decreased by -21.2% to 91 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 149% against the previous year. As a result, the exports attained the peak of 680 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, meat and fish extracts exports fell to $819K in 2022. Overall, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 82%. As a result, the exports reached the peak of $5.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Meat and Fish Extracts in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 17.1 | 6.6 | 72.4 | 185 | 121.2% |
| Ireland | 376 | 754 | 548 | 180 | -21.8% |
| United States | 9.2 | N/A | N/A | 54.9 | 81.4% |
| Antigua and Barbuda | N/A | N/A | 24.8 | 47.7 | 92.3% |
| Malta | 16.6 | 10.0 | N/A | 39.9 | 34.0% |
| Grenada | N/A | 51.0 | 75.6 | 23.5 | -32.1% |
| Barbados | 47.0 | 21.9 | 2.1 | 23.5 | -20.6% |
| Poland | 259 | 383 | N/A | 9.9 | -66.3% |
| Germany | 259 | 2,427 | 30.6 | 4.8 | -73.5% |
| Spain | 243 | 35.3 | 37.4 | N/A | -60.8% |
| Lithuania | 748 | 421 | N/A | N/A | -43.7% |
| Netherlands | 140 | 70.6 | 14.8 | N/A | -67.5% |
| Others | 680 | 916 | 120 | 250 | -28.4% |
| Total | 2,794 | 5,097 | 925 | 819 | -33.6% |
Top Export Markets for Meat and Fish Extracts from the UK in 2022:
- Malta (15.4 tons)
- Ireland (13.1 tons)
- France (12.5 tons)
- Antigua and Barbuda (8.9 tons)
- Grenada (7.3 tons)
- Barbados (7.1 tons)
- United States (3.7 tons)
- Poland (0.5 tons)
- Germany (0.5 tons)
This report provides an in-depth analysis of the market for meat and fish extracts in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891400 - Extracts and juices of meat, fish, crustaceans, molluscs or other aquatic invertebrates
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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