Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway - 2024
Contents:
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway (FOB) - 2024
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway (CIF) - 2022
- Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway
- Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway (FOB) - 2024
In January 2024, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $2,780 per ton, rising by 29% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 95% against the previous month. As a result, the export price attained the peak level of $3,757 per ton. From August 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In January 2024, the country with the highest price was Nigeria ($2,835 per ton), while the average price for exports to Italy totaled $1,973 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway (CIF) - 2022
In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $8,547 per ton, with a decrease of -55.6% against the previous year. Over the period under review, the import price, however, saw a significant increase. The growth pace was the most rapid in 2016 when the average import price increased by 212%. The import price peaked at $19,257 per ton in 2021, and then shrank significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($29,160 per ton), while the price for Denmark ($1,683 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+150.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway
In 2022, after three years of growth, there was decline in shipments abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses, when their volume decreased by -4.6% to 2.9K tons. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 12%.
In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses fell to $6.9M in 2022. In general, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 8.3% against the previous year. As a result, the exports reached the peak of $7.4M, and then fell in the following year.
| Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 4.6 | 4.3 | 4.4 | 3.5 | -8.7% |
| China | 1.5 | 2.3 | 2.7 | 2.9 | 24.6% |
| Benin | 1.0 | N/A | N/A | N/A | 0% |
| Vietnam | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Total | 7.3 | 6.8 | 7.4 | 6.9 | -1.9% |
Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Norway in 2022:
- China (1794.4 tons)
- Nigeria (1007.9 tons)
Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway
In 2022, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses into Norway soared to 24 tons, surging by 614% on the year before. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses soared to $202K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 79.9 | 0% |
| Spain | 11.9 | 25.6 | 25.5 | 58.1 | 69.6% |
| China | N/A | 11.8 | 23.1 | 25.8 | 47.9% |
| France | N/A | N/A | N/A | 14.1 | 0% |
| Denmark | 2.5 | 4.0 | 1.6 | 7.4 | 43.6% |
| Latvia | 1.0 | N/A | N/A | 6.5 | 86.6% |
| Others | 1.4 | 7.6 | 13.6 | 10.3 | 94.5% |
| Total | 16.8 | 49.0 | 63.8 | 202 | 129.1% |
Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Norway in 2022:
- Poland (15.0 tons)
- Denmark (4.4 tons)
- Spain (2.1 tons)
- China (0.9 tons)
- France (0.5 tons)
- Latvia (0.4 tons)
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