Scandinavia: Battered Fish Fillet Market 2024

Battered Fish Fillet Market Size in Scandinavia

In 2023, the Scandinavia battered fish fillet market increased by X% to $X, rising for the third year in a row after three years of decline. The total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Battered Fish Fillet Production in Scandinavia

In value terms, battered fish fillet production stood at $X in 2023 estimated in export price. In general, production continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Battered Fish Fillet Exports

Exports in Scandinavia

In 2023, shipments abroad of fish fillets in batter or breadcrumbs decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, battered fish fillet exports expanded slightly to $X in 2023. In general, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Sweden dominates exports structure, reaching X tons, which was near X% of total exports in 2023. Norway (X tons) held a minor share of total exports.

Sweden was also the fastest-growing in terms of the fish fillets in batter or breadcrumbs exports, with a CAGR of X% from 2012 to 2023. Norway (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Norway (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest battered fish fillet supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

In Sweden, battered fish fillet exports shrank by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%).

Battered Fish Fillet Imports

Imports in Scandinavia

In 2023, imports of fish fillets in batter or breadcrumbs in Scandinavia totaled X tons, flattening at the previous year's figure. Total imports indicated a perceptible increase from 2012 to 2023: its volume 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, imports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, battered fish fillet imports surged to $X in 2023. Total imports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden represented the key importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Norway (X tons) and Finland (X tons), together creating a X% share of total imports.

Sweden was also the fastest-growing in terms of the fish fillets in batter or breadcrumbs imports, with a CAGR of X% from 2012 to 2023. At the same time, Norway (X%) displayed positive paces of growth. Finland experienced a relatively flat trend pattern. Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Norway and Finland saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported fish fillets in batter or breadcrumbs in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Sweden stood at X%. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform