EU: Frozen Eels Market 2022

Frozen Eels Market Size in the EU

The EU frozen eels market surged to $X in 2020, picking up by X% against the previous year. The total consumption indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Frozen Eels Production in the EU

In value terms, frozen eels production expanded markedly to $X in 2020 estimated in export prices. The total production indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2018 to 2020, production growth failed to regain the momentum.

Production By Country in the EU

Denmark (X tons) constituted the country with the largest volume of frozen eels production, comprising approx. X% of total volume. Moreover, frozen eels production in Denmark exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), fourfold.

From 2007 to 2020, the average annual growth rate of volume in Denmark was relatively modest. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Sweden (+X% per year).

Frozen Eels Exports

Exports in the EU

In 2020, the amount of frozen eels exported in the European Union reduced notably to X tons, waning by -X% against the year before. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen eels exports declined sharply to $X in 2020. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

In 2020, Germany (X tons) was the main exporter of frozen eels, creating X% of total exports. Denmark (X tons) occupied the second position in the ranking, followed by Belgium (X tons), Sweden (X tons) and the Netherlands (X tons). All these countries together occupied approx. X% share of total exports. The following exporters - Spain (X tons) and Poland (X tons) - each resulted at a X% share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of frozen eels. At the same time, Spain (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. By contrast, Poland (-X%), Sweden (-X%), Belgium (-X%), the Netherlands (-X%) and Denmark (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Germany, Sweden, Belgium, Spain and Poland increased by +X%, +X%, +X%, +X% and +X% percentage points, while the Netherlands (-X p.p.) and Denmark (-X p.p.) saw their share reduced.

In value terms, the largest frozen eels supplying countries in the European Union were Germany ($X), Denmark ($X) and Belgium ($X), together comprising X% of total exports. Sweden, the Netherlands, Poland and Spain lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2020, the frozen eels export price in the European Union amounted to $X per ton, approximately reflecting the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the export price increased by X% year-to-year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Frozen Eels Imports

Imports in the EU

Frozen eels imports expanded sharply to X tons in 2020, growing by X% against 2019 figures. Overall, imports, however, saw a perceptible decrease. The volume of import peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen eels imports rose slightly to $X in 2020. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tons) and Poland (X tons) were the key importers of frozen eels in the European Union, together achieving X% of total imports. It was distantly followed by Belgium (X tons), constituting a X% share of total imports. France (X tons), Spain (X tons), the Netherlands (X tons) and Lithuania (X tons) held a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by France, Spain, Lithuania and the Netherlands, which together accounted for a further X the main importing countries, Lithuania recorded 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 frozen eels import price in the European Union stood at $X per ton in 2020, reducing by -X% against the previous year. In general, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Over the period under review, import prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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