Denmark: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in Denmark

In 2022, the Danish frozen freshwater fish market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Frozen Freshwater Fish Production in Denmark

In value terms, frozen freshwater fish production shrank significantly to $X in 2022 estimated in export price. In general, production saw a precipitous decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Frozen freshwater fish production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Frozen Freshwater Fish Exports

Exports from Denmark

In 2022, approx. X tons of frozen freshwater fish were exported from Denmark; shrinking by X% compared with 2021. Over the period under review, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen freshwater fish exports declined dramatically to $X in 2022. In general, exports continue to indicate a pronounced decline. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and Sweden (X tons) were the main destinations of frozen freshwater fish exports from Denmark, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the largest markets for frozen freshwater fish exported from Denmark worldwide, with a combined X% share of total exports.

France, 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 2022, the average frozen freshwater fish export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Freshwater Fish Imports

Imports into Denmark

In 2022, after two years of growth, there was significant decline in supplies from abroad of frozen freshwater fish, when their volume decreased by X% to X tons. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen freshwater fish imports stood at $X in 2022. Over the period under review, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Greenland (X tons) constituted the largest supplier of frozen freshwater fish to Denmark, accounting for a X% share of total imports. Moreover, frozen freshwater fish imports from Greenland exceeded the figures recorded by the second-largest supplier, Faroe Islands (X tons), twofold. Norway (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Greenland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Faroe Islands (X% per year) and Norway (X% per year).

In value terms, the largest frozen freshwater fish suppliers to Denmark were Greenland ($X), the Netherlands ($X) and Faroe Islands ($X), together comprising X% of total imports. Vietnam, Norway, New Zealand, China, Myanmar, Germany, Sweden, Turkey, Canada and Iceland lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average frozen freshwater fish import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, 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

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