Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland
  4. Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland (CIF) - 2022

The average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $4,822 per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 17%. The import price peaked at $4,928 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($5,270 per ton), while the price for the Netherlands ($3,774 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland (FOB) - 2022

The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $7,100 per ton in 2022, stabilizing at the previous year. In general, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 322%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to -11.9% per year.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland

In 2022, approx. 125 tons of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s were imported into Finland; growing by 34% on 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2020 indices. 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, herrings (clupea harengus, clupea pallasii)s skyrocketed to $601K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden15728034045642.7%
Estonia21512010187.5-25.9%
Netherlands17.0N/A4.357.550.1%
Poland17.55.14.9N/A-47.1%
OthersN/AN/AN/AN/A0%
Total40640545060114.0%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Finland in 2022:

  1. Sweden (86.5 tons)
  2. Estonia (22.9 tons)
  3. Netherlands (15.2 tons)

Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland

For the third year in a row, Finland recorded decline in overseas shipments of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, which decreased by 0% to 20 kg in 2022. Over the period under review, exports saw a sharp contraction. The smallest decline of -99.9% was in 2020.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $142 in 2022. Overall, exports recorded a precipitous slump. The smallest decline of -99.8% was in 2020.

Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A0.10%
Estonia31.4N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total31.40.1N/A0.1-85.3%

Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Finland in 2022:

  1. Belgium (20.0 kg)

Source: IndexBox Market Intelligence Platform

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