EU: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in the EU

The EU dried or smoked fish market skyrocketed to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Dried Or Smoked Fish in the EU

In value terms, dried or smoked fish production skyrocketed to $X in 2023 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The level of production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Exports of Dried Or Smoked Fish

Exports in the EU

In 2023, overseas shipments of dried or smoked fish decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, dried or smoked fish exports amounted to $X in 2023. Total exports indicated measured growth from 2012 to 2023: its value 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. Based on 2023 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to continue growth in years to come.

Exports by Country

In 2023, Poland (X tons) and the Netherlands (X tons) were the largest exporters of dried or smoked fish in the European Union, together creating X% of total exports. Denmark (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (X%), Germany (X%), Lithuania (X%) and Spain (X%).

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

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

From 2012 to 2023, the average annual growth rate of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Poland ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Imports of Dried Or Smoked Fish

Imports in the EU

In 2023, supplies from abroad of dried or smoked fish decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. The volume of import peaked at X tons in 2022, and then fell in the following year.

In value terms, dried or smoked fish imports rose modestly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the near future.

Imports by Country

In 2023, Germany (X tons), Portugal (X tons), the Netherlands (X tons), Italy (X tons), France (X tons), Spain (X tons), Sweden (X tons) and Denmark (X tons) was the major importer of dried or smoked fish in the European Union, committing X% of total import.

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

In value terms, the largest dried or smoked fish importing markets in the European Union were Germany ($X), Italy ($X) and Portugal ($X), with a combined X% share of total imports. The Netherlands, France, Sweden, Spain and Denmark lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform