Live Fish Price in Spain - 2023

Contents:

  1. Live Fish Price in Spain (FOB) - 2023
  2. Live Fish Price in Spain (CIF) - 2023
  3. Live Fish Exports in Spain
  4. Live Fish Imports in Spain

Live Fish Price in Spain (FOB) - 2023

The average live fish export price stood at $6,797 per ton in June 2023, with a decrease of -6.4% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 19% m-o-m. Over the period under review, the average export prices hit record highs at $8,292 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($14,696 per ton), while the average price for exports to Belgium ($1,584 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Price in Spain (CIF) - 2023

The average live fish import price stood at $8,211 per ton in June 2023, waning by -15.1% against the previous month. Overall, the import price, however, posted a moderate expansion. The pace of growth appeared the most rapid in March 2023 an increase of 186% month-to-month. As a result, import price attained the peak level of $13,417 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($13,576 per ton), while the price for France ($6,909 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Live Fish Exports in Spain

In 2022, approx. 5.5K tons of live fish were exported from Spain; which is down by -45.6% compared with the previous year. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. As a result, the exports attained the peak of 10K tons, and then reduced remarkably in the following year.

In value terms, live fish exports shrank sharply to $41M in 2022. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. As a result, the exports attained the peak of $70M, and then reduced sharply in the following year.

Export of Live Fish in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17.217.923.812.6-9.9%
Italy27.826.932.811.9-24.6%
Sweden0.10.50.43.6230.2%
Portugal5.23.74.13.2-14.9%
Belgium0.91.11.42.132.6%
Netherlands0.81.51.21.214.5%
Germany0.91.01.11.03.6%
Ireland0.91.20.1N/A-66.7%
Others7.14.14.95.6-7.6%
Total60.857.869.941.2-12.2%

Top Export Markets for Live Fish from Spain in 2022:

  1. France (2133.2 tons)
  2. Italy (1197.2 tons)
  3. Belgium (616.7 tons)
  4. Sweden (424.3 tons)
  5. Portugal (346.8 tons)
  6. Germany (234.6 tons)
  7. Netherlands (180.4 tons)
  8. Ireland (3.3 tons)

Live Fish Imports in Spain

In 2022, the amount of live fish imported into Spain skyrocketed to 13K tons, picking up by 85% on the year before. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, live fish imports surged to $102M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Live Fish in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden27.124.223.542.516.2%
France10.717.011.639.854.9%
Italy1.55.52.05.554.2%
Germany2.50.2N/A3.612.9%
Denmark2.81.12.02.7-1.2%
Netherlands1.20.81.42.018.6%
Portugal3.83.63.91.0-35.9%
Others7.86.28.95.3-12.1%
Total57.558.653.210221.1%

Top Suppliers of Live Fish to Spain in 2022:

  1. France (6.2K tons)
  2. Sweden (5.1K tons)
  3. Italy (0.9K tons)
  4. Denmark (0.3K tons)
  5. Netherlands (0.2K tons)
  6. Portugal (0.2K tons)
  7. Germany (0.2K tons)

Source: IndexBox Market Intelligence Platform

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