France: Market for Cod, Salted or in Brine 2024

Market Size for Cod, Salted or in Brine in France

The French market for cod, salted or in brine stood at $X in 2022, almost unchanged from the previous year. Over the period under review, consumption continues to indicate a mild reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Cod, Salted or in Brine in France

In value terms, cod, salted or in brine production totaled $X in 2022 estimated in export price. Overall, production showed a slight reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Cod, salted or in brine production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Cod, Salted or in Brine

Exports from France

In 2022, overseas shipments of cod, salted or in brine increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, cod, salted or in brine exports skyrocketed to $X in 2022. Overall, exports showed resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Portugal (X tons), Spain (X tons) and Luxembourg (X tons) were the main destinations of cod, salted or in brine exports from France, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), Portugal ($X) and Luxembourg ($X) constituted the largest markets for cod, salted or in brine exported from France worldwide, together comprising X% of total exports.

Portugal, with a CAGR of X%, saw 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 mixed trend patterns.

Export Prices by Country

The average export price for cod, salted or in brine stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Portugal ($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 Luxembourg (X%), while the prices for the other major destinations experienced a decline.

Imports of Cod, Salted or in Brine

Imports into France

In 2022, overseas purchases of cod, salted or in brine increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cod, salted or in brine imports rose to $X in 2022. Over the period under review, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest cod, salted or in brine supplier to France, with a X% share of total imports. Moreover, cod, salted or in brine imports from Spain exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X) constituted the largest supplier of cod, salted or in brine to France, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average import price for cod, salted or in brine amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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