United Kingdom: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in the UK

The UK frozen catfish fillets market fell markedly to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a perceptible 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 increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.

Frozen Catfish Fillets Exports

Exports from the UK

In 2020, exports of frozen catfish fillets from the UK surged to X tons, growing by X% on 2019 figures. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, frozen catfish fillets exports skyrocketed to $X in 2020. Over the period under review, exports saw resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X tons), Vietnam (X tons) and Sweden (X tons) were the main destinations of frozen catfish fillets exports from the UK, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Sweden, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Ireland ($X) and Sweden ($X) appeared to be the largest markets for frozen catfish fillets exported from the UK worldwide, together accounting for X% of total exports.

Among the main countries of destination, Vietnam saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen catfish fillets export price stood at $X per ton in 2020, rising by X% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. Over the period under review, average export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Vietnam ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam, while the prices for the other major destinations experienced a decline.

Frozen Catfish Fillets Imports

Imports into the UK

In 2020, approx. X tons of frozen catfish fillets were imported into the UK; which is down by -X% compared with 2019. Overall, total imports indicated a pronounced expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, frozen catfish fillets imports contracted dramatically to $X in 2020. Over the period under review, total imports indicated a remarkable 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, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2020, Vietnam (X tons) was the main supplier of frozen catfish fillets to the UK, with a X% share of total imports. Moreover, frozen catfish fillets imports from Vietnam exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Vietnam amounted to +X%.

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish fillets to the UK, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam stood at +X%.

Import Prices by Country

In 2020, the average frozen catfish fillets import price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2019, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Vietnam amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :