United Kingdom - Herring, Salted Or In Brine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Herring, Salted Or In Brine - Market Analysis, Forecast, Size, Trends And Insights

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Price for Herring, Salted or in Brine in the UK - 2023

Contents:

  1. Price for Herring, Salted or in Brine in the UK (FOB) - 2023
  2. Price for Herring, Salted or in Brine in the UK (CIF) - 2022
  3. Exports of Herring, Salted or in Brine in the UK
  4. Imports of Herring, Salted or in Brine in the UK

Price for Herring, Salted or in Brine in the UK (FOB) - 2023

In August 2023, the average export price for herring, salted or in brine amounted to $1,627 per ton, with a decrease of -6.7% against the previous month. In general, the export price recorded a abrupt descent. As a result, the export price reached the peak level of $1,744 per ton, and then contracted in the following month.

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

From July 2023 to August 2023, the rate of growth in terms of prices for Ukraine amounted to -6.7% per month.

Price for Herring, Salted or in Brine in the UK (CIF) - 2022

In 2022, the average import price for herring, salted or in brine amounted to $2,523 per ton, flattening at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 27%. As a result, import price attained the peak level of $2,535 per ton, leveling off 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 Norway ($12,574 per ton), while the price for Belgium ($760 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Herring, Salted or in Brine in the UK

In 2022, approx. 219 tons of herring, salted or in brine were exported from the UK; with a decrease of -71.4% against the previous year. Over the period under review, exports showed a sharp slump. The smallest decline of -10.1% was in 2021.

In value terms, herring, salted or in brine exports declined remarkably to $354K in 2022. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

Export of Herring, Salted or in Brine in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine1,2529021,224354-34.4%
Netherlands18868.524.0N/A-64.3%
ThailandN/A155N/AN/A0%
Others19.16.26.0N/A-44.0%
Total1,4591,1321,254354-37.6%

Top Export Markets for Herring, Salted or in Brine from the UK in 2022:

  1. Ukraine (218.9 tons)

Imports of Herring, Salted or in Brine in the UK

In 2022, overseas purchases of herring, salted or in brine decreased by -29.8% to 36 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of 58 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, herring, salted or in brine imports contracted markedly to $90K in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year.

Import of Herring, Salted or in Brine in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.37.410.924.538.1%
Lithuania27.71.66.724.0-4.7%
Norway15.88.36.315.90.2%
Belgium0.41.11.611.8209.0%
Poland1.61.51.05.046.2%
Romania2.31.20.63.818.2%
Denmark3.41.71.22.7-7.4%
Latvia5.17.63.72.7-19.1%
Ireland9.65.03.8N/A-37.1%
Germany5.25.44.9N/A-2.9%
Others0.475.388.8N/A1390.0%
Total80.711612990.43.9%

Top Suppliers of Herring, Salted or in Brine to the UK in 2022:

  1. Belgium (15.5 tons)
  2. Netherlands (7.9 tons)
  3. Lithuania (5.8 tons)
  4. Poland (2.3 tons)
  5. Romania (1.3 tons)
  6. Latvia (1.3 tons)
  7. Norway (1.3 tons)
  8. Denmark (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for herring, salted or in brine in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • United Kingdom

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in the UK
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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