Belgium: Frozen Whole Fish Market 2024

Frozen Whole Fish Market Size in Belgium

In 2023, the Belgian frozen whole fish market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Frozen Whole Fish Production in Belgium

In value terms, frozen whole fish production contracted slightly to $X in 2023 estimated in export price. In general, production faced a abrupt decrease. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. Frozen whole fish production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Frozen Whole Fish Exports

Exports from Belgium

In 2023, overseas shipments of frozen whole fish decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, frozen whole fish exports contracted to $X in 2023. Over the period under review, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of frozen whole fish exports from Belgium, together comprising X% of total exports. Germany, Luxembourg, the UK and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Spain ($X) were the largest markets for frozen whole fish exported from Belgium worldwide, with a combined X% share of total exports. Luxembourg, Germany, the United States and the UK lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average frozen whole fish export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Fish Imports

Imports into Belgium

In 2023, after two years of decline, there was growth in supplies from abroad of frozen whole fish, when their volume increased by X% to X tons. In general, imports, however, saw a mild decrease. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, frozen whole fish imports totaled $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the Netherlands (X tons) and Myanmar (X tons) were the main suppliers of frozen whole fish imports to Belgium, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of frozen whole fish to Belgium, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Myanmar, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Myanmar (X.1% per year).

Import Prices by Country

The average frozen whole fish import price stood at $X per ton in 2023, leveling off at the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform