Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France (FOB) - 2023
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France (CIF) - 2023
In October 2023, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $5,445 per ton, with a decrease of -12.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in September 2023 an increase of 12% m-o-m. As a result, import price reached the peak level of $6,221 per ton, and then contracted in the following month.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from South Africa ($7,027 per ton) and China ($5,496 per ton), while the price for the United States ($4,845 per ton) and Argentina ($4,904 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France (FOB) - 2023
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $7,955 per ton in September 2023, waning by -6.3% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in August 2023 an increase of 25% m-o-m. The export price peaked at $8,960 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($15,259 per ton), while the average price for exports to Italy ($7,827 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France
In 2022, after two years of decline, there was significant growth in supplies from abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, when their volume increased by 142% to 15K tons. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $74M in 2022. Over the period under review, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 23.1 | 11.6 | 10.7 | 31.7 | 11.1% |
| United States | 7.8 | 4.5 | 3.4 | 13.6 | 20.4% |
| Spain | 3.4 | 4.2 | 4.3 | 7.5 | 30.2% |
| South Africa | 5.5 | 3.2 | 3.7 | 5.7 | 1.2% |
| Netherlands | 0.3 | 1.9 | 2.1 | 3.1 | 117.8% |
| Denmark | 2.1 | 0.4 | 1.0 | 2.8 | 10.1% |
| Poland | N/A | 0.8 | 1.2 | 2.2 | 65.8% |
| Argentina | 2.6 | 1.1 | 0.7 | 2.2 | -5.4% |
| China | 1.8 | 0.7 | 0.6 | 1.7 | -1.9% |
| Germany | 1.5 | 0.4 | 0.5 | 1.6 | 2.2% |
| Belgium | 0.3 | 0.4 | 0.4 | 1.1 | 54.2% |
| Peru | 2.7 | 0.2 | N/A | N/A | -92.6% |
| Others | 0.8 | 0.7 | 0.3 | 0.4 | -20.6% |
| Total | 51.8 | 29.9 | 29.0 | 73.6 | 12.4% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to France in 2022:
- Namibia (5.4K tons)
- United States (3.3K tons)
- Spain (1.4K tons)
- South Africa (1.0K tons)
- Netherlands (0.6K tons)
- Denmark (0.6K tons)
- Poland (0.5K tons)
- Argentina (0.5K tons)
- Germany (0.5K tons)
- China (0.3K tons)
- Belgium (0.2K tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France
Exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s from France soared to 461 tons in 2022, with an increase of 20% compared with 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $2.8M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,084 | 1,150 | 1,409 | 1,841 | 19.3% |
| Belgium | 182 | 117 | 591 | 409 | 31.0% |
| Spain | 222 | 40.0 | 25.5 | 170 | -8.5% |
| Germany | 123 | 165 | 144 | 153 | 7.5% |
| Netherlands | 2.4 | 5.4 | 5.9 | 93.9 | 239.5% |
| Luxembourg | 16.6 | 42.3 | 110 | 93.5 | 77.9% |
| Switzerland | 91.7 | 138 | 79.3 | 51.5 | -17.5% |
| Others | 81.0 | 43.6 | 17.3 | 18.6 | -38.8% |
| Total | 1,803 | 1,701 | 2,382 | 2,832 | 16.2% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from France in 2022:
- Italy (282.5 tons)
- Belgium (66.0 tons)
- Germany (35.6 tons)
- Spain (34.2 tons)
- Netherlands (19.9 tons)
- Luxembourg (13.1 tons)
- Switzerland (5.7 tons)
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