Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal (FOB) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal (CIF) - 2022
  3. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal
  4. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $5,194 per ton, with an increase of 5.1% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. Over the period under review, the average export prices attained the maximum at $24,987 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($7,144 per ton) and Italy ($6,247 per ton), while the average price for exports to Paraguay ($4,893 per ton) and Bulgaria ($5,869 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal (CIF) - 2022

The average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $5,286 per ton in 2022, increasing by 20% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51% against the previous year. As a result, import price attained the peak level of $6,776 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +2.2% per year.

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal

After two years of decline, overseas shipments of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s increased by 126% to 26 tons in 2022. In general, exports, however, recorded a dramatic shrinkage.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s skyrocketed to $133K in 2022. Overall, exports, however, showed a deep setback.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay37.5N/AN/A10340.0%
Italy11982.139.317.0-47.7%
Spain6.5N/A0.38.911.0%
Bulgaria15.9N/AN/A3.2-41.4%
Slovenia34.02.3N/AN/A-93.2%
RomaniaN/AN/A15.4N/A0%
Others10.72.71.11.6-46.9%
Total22387.156.1133-15.8%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Portugal in 2022:

  1. Paraguay (21.0 tons)
  2. Italy (2.7 tons)
  3. Spain (1.3 tons)
  4. Bulgaria (0.5 tons)

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal

In 2022, supplies from abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s decreased by -65.5% to 5.2 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports attained the peak of 15 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s contracted dramatically to $27K in 2022. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $66K, and then contracted notably in the following year.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain45.453.663.727.4-15.5%
OthersN/AN/A2.4N/A0%
Total45.453.666.127.4-15.5%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Portugal in 2022:

  1. Spain (5.2 tons)

Source: IndexBox Market Intelligence Platform

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