Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium (CIF) - 2023
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium (FOB) - 2022
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium (CIF) - 2023
In October 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $15,050 per ton, surging by 3.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 25% m-o-m. Over the period under review, average import prices attained the peak figure at $15,497 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($22,750 per ton), while the price for Iceland ($13,006 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Iceland (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium (FOB) - 2022
In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $13,910 per ton, approximately reflecting the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s increased by +82.6% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($16,498 per ton), while the average price for exports to Denmark ($7,086 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 the UK (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium
After three years of growth, purchases abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -14.9% to 1.6K tons in 2022. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31%.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s dropped remarkably to $21M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 32%.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 5.6 | 8.1 | 11.7 | 7.5 | 10.2% |
| Netherlands | 4.2 | 4.8 | 5.3 | 5.4 | 8.7% |
| Sri Lanka | 1.8 | 3.6 | 4.2 | 3.8 | 28.3% |
| Spain | 0.8 | 1.1 | 1.3 | 1.8 | 31.0% |
| France | 2.0 | 1.8 | 1.9 | 1.4 | -11.2% |
| Germany | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| United Kingdom | 0.7 | 0.7 | N/A | N/A | 0.0% |
| Others | 0.4 | 0.7 | 0.8 | 0.5 | 7.7% |
| Total | 15.7 | 20.8 | 25.2 | 20.9 | 10.0% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Belgium in 2022:
- Iceland (662.9 tons)
- Netherlands (375.0 tons)
- Spain (166.8 tons)
- Sri Lanka (157.5 tons)
- France (118.5 tons)
- Germany (36.1 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium
In 2022, shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -29.3% to 420 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 154% against the previous year.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s contracted markedly to $5.8M in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 194% against the previous year.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.8 | 1.6 | 3.2 | 3.5 | 63.6% |
| France | 0.2 | 1.0 | 2.9 | 1.7 | 104.1% |
| Luxembourg | 0.4 | 0.5 | 0.4 | 0.3 | -9.1% |
| Germany | 0.2 | 1.0 | 1.6 | 0.2 | 0.0% |
| Denmark | N/A | 0.8 | 0.1 | 0.1 | -64.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 1.7 | 5.1 | 8.2 | 5.8 | 50.5% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Belgium in 2022:
- Netherlands (231.1 tons)
- France (134.3 tons)
- Luxembourg (18.8 tons)
- Germany (15.8 tons)
- Denmark (10.1 tons)
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