Europe: Smoked Salmon Market 2024

Smoked Salmon Market Size in Europe

The Europe smoked salmon market reached $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Smoked Salmon Production in Europe

In value terms, smoked salmon production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Smoked Salmon Exports

Exports in Europe

In 2022, smoked salmon exports in Europe reduced slightly to X tons, waning by X% compared with 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then fell modestly in the following year.

In value terms, smoked salmon exports rose modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Poland represented the key exporter of smoked pacific, atlantic and danube salmon in Europe, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Lithuania (X tons) took the second position in the ranking, followed by Germany (X tons), Denmark (X tons) and the Netherlands (X tons). All these countries together held approx. X% share of total exports. Belgium (X tons) and Greece (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to smoked salmon exports from Poland stood at X%. At the same time, Belgium (X%), the Netherlands (X%), Germany (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Greece and Denmark experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Netherlands, Belgium, Poland and Germany increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest smoked salmon supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

In Poland, smoked salmon exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Lithuania (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Belgium ($X per ton) and Greece ($X per ton), while Poland ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2022, 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.

Smoked Salmon Imports

Imports in Europe

In 2022, purchases abroad of smoked pacific, atlantic and danube salmon increased by X% to X tons, rising for the second consecutive year after four years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, smoked salmon imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), France (X tons), Belgium (X tons) and Greece (X tons) were the largest importers of smoked pacific, atlantic and danube salmon, together constituting X% of total imports. Switzerland (X tons), Austria (X tons), Denmark (X tons), the Netherlands (X tons), Portugal (X tons), Sweden (X tons) and the UK (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Belgium, Switzerland, Greece, Austria, Denmark, the UK, the Netherlands, Sweden and Portugal lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, 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%. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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