Benelux: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in Benelux

For the third year in a row, the Benelux dried or smoked fish market recorded growth in sales value, which increased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Dried Or Smoked Fish in Benelux

In value terms, dried or smoked fish production reached $X in 2023 estimated in export price. The total production indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Exports of Dried Or Smoked Fish

Exports in Benelux

After five years of growth, overseas shipments of dried or smoked fish decreased by X% to X tons in 2023. In general, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2022, and then reduced in the following year.

In value terms, dried or smoked fish exports rose sharply to $X in 2023. Overall, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2023 and are likely to continue growth in years to come.

Exports by Country

The Netherlands dominates exports structure, resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Belgium (X tons), committing a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the dried or smoked fish exports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the Netherlands ($X) remains the largest dried or smoked fish supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the Netherlands totaled X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, with an increase of X% against the previous year. Export price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Imports of Dried Or Smoked Fish

Imports in Benelux

In 2023, after three years of growth, there was significant decline in supplies from abroad of dried or smoked fish, when their volume decreased by X% to X tons. Overall, imports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then dropped in the following year.

In value terms, dried or smoked fish imports expanded rapidly to $X in 2023. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

The Netherlands was the main importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Belgium (X tons), making up a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the dried or smoked fish imports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported dried or smoked fish in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in the Netherlands totaled X%.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per ton, growing by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dried or smoked fish import price increased by X% against 2020 indices. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform