EU: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in the EU

The EU inedible fish products market stood at $X in 2022, surging by X% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2015 indices. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Inedible Fish Products Production in the EU

In value terms, inedible fish products production stood at $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2015 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Inedible Fish Products Exports

Exports in the EU

In 2022, after four years of growth, there was significant decline in shipments abroad of inedible fish products, when their volume decreased by X% to X tons. In general, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, inedible fish products exports declined to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Poland was the major exporting country with an export of around X tons, which reached X% of total exports. Germany (X tons) took the second position in the ranking, followed by Sweden (X tons) and the Netherlands (X tons). All these countries together held near X% share of total exports. Lithuania (X tons), Portugal (X tons) and Denmark (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to inedible fish products exports from Poland stood at X%. At the same time, Denmark (X%), Germany (X%), Lithuania (X%) and Portugal (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Germany and Denmark increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inedible fish products supplying countries in the European Union were Germany ($X), Poland ($X) and Denmark ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Inedible Fish Products Imports

Imports in the EU

In 2022, the amount of inedible fish products imported in the European Union contracted to X tons, waning by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, inedible fish products imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X tons) represented the largest importer of inedible fish products, mixing up X% of total imports. It was distantly followed by Germany (X tons), France (X tons) and Spain (X tons), together committing a X% share of total imports. The following importers - Ireland (X tons), Portugal (X tons) and Poland (X tons) - each recorded a X% share of total imports.

Denmark experienced a relatively flat trend pattern with regard to volume of imports of inedible fish products. At the same time, Ireland (X%), Portugal (X%), France (X%), Germany (X%), Spain (X%) and Poland (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. While the share of Germany (X p.p.), France (X p.p.) and Ireland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Denmark (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inedible fish products importing markets in the European Union were Denmark ($X), France ($X) and Germany ($X), together accounting for X% of total imports.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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