Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine
  4. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $4,443 per ton, with a decrease of -3.5% against the previous year. Overall, export price indicated a prominent expansion from 2014 to 2022: its price increased at an average annual rate of +6.9% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -14.4% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 44%. Over the period under review, the average export prices hit record highs at $5,190 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,961 per ton), while the average price for exports to Denmark ($4,342 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine (CIF) - 2022

The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $9,782 per ton in 2022, remaining constant against the previous year. In general, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by 80% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($18,080 per ton), while the price for Lithuania ($8,401 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine

In 2022, approx. 653 tons of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were exported from Ukraine; which is down by -24.8% on the previous year. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s declined markedly to $2.9M in 2022. In general, exports continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 2.3%.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4.73.33.72.3-21.2%
NetherlandsN/AN/AN/A0.40%
GermanyN/A0.1N/A0.10.0%
Norway0.10.20.1N/A0.0%
France1.30.30.2N/A-60.8%
OthersN/AN/AN/AN/A0%
Total6.03.94.02.9-21.5%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Ukraine in 2022:

  1. Denmark (535.3 tons)
  2. Netherlands (86.7 tons)
  3. Germany (28.9 tons)

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine

In 2022, overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -30.1% to 20 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 400%. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell notably to $193K in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 599%. As a result, imports reached the peak of $429K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland31.229115912458.4%
DenmarkN/A6.129.338.9152.5%
GreenlandN/AN/AN/A16.80%
Lithuania6.642.335.211.319.6%
SpainN/A16.61.0N/A-94.0%
Norway18.548.343.3N/A53.0%
Others5.024.85.82.0-26.3%
Total61.442927319346.5%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Ukraine in 2022:

  1. Iceland (14.1 tons)
  2. Denmark (2.1 tons)
  3. Greenland (2.0 tons)
  4. Lithuania (1.3 tons)

Source: IndexBox Market Intelligence Platform

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