Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK - 2023
Contents:
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK (CIF) - 2023
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK (FOB) - 2022
- Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK
- Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK (CIF) - 2023
The average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $6,367 per ton in December 2023, remaining stable against the previous month. Overall, the import price, however, saw a perceptible decrease. The growth pace was the most rapid in April 2023 an increase of 7.7% month-to-month. The import price peaked at $8,426 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Poland ($7,807 per ton), while the price for Russia ($4,026 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Russia (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $6,855 per ton, shrinking by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $7,062 per ton, and then declined slightly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($10,350 per ton), while the average price for exports to Germany ($2,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK
In 2022, approx. 19K tons of fish fillets; frozen, haddock (melanogrammus aeglefinus)s were imported into the UK; surging by 10% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s surged to $144M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 48.7 | 46.0 | 52.6 | 58.5 | 6.3% |
| China | 26.6 | 23.0 | 29.2 | 45.0 | 19.2% |
| Russia | 12.1 | 10.8 | 0.8 | 20.5 | 19.2% |
| Norway | 13.8 | 8.9 | 9.6 | 9.1 | -13.0% |
| Faroe Islands | 2.9 | 2.0 | 3.1 | 4.5 | 15.8% |
| Poland | 4.9 | 5.1 | 1.2 | 3.5 | -10.6% |
| Denmark | 6.4 | 11.4 | 8.0 | N/A | 11.8% |
| Others | 4.1 | 3.6 | 4.4 | 3.2 | -7.9% |
| Total | 120 | 111 | 109 | 144 | 6.3% |
Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to the UK in 2022:
- China (7.1K tons)
- Iceland (5.8K tons)
- Russia (3.0K tons)
- Norway (1.0K tons)
- Faroe Islands (0.8K tons)
- Poland (0.5K tons)
Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK
For the third year in a row, the UK recorded decline in overseas shipments of fish fillets; frozen, haddock (melanogrammus aeglefinus)s, which decreased by -56.6% to 166 tons in 2022. Overall, exports saw a dramatic setback. The smallest decline of -1.4% was in 2020.
In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s fell sharply to $1.1M in 2022. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year.
| Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 918 | 940 | 402 | 396 | -24.4% |
| Netherlands | 625 | 54.3 | 74.2 | 365 | -16.4% |
| Iceland | 215 | 44.5 | 168 | 163 | -8.8% |
| France | 254 | 157 | 163 | 115 | -23.2% |
| Norway | 159 | 197 | 1,418 | 33.3 | -40.6% |
| Spain | 194 | 198 | 26.3 | 24.5 | -49.8% |
| Germany | N/A | 0.3 | N/A | 7.8 | 409.9% |
| China | N/A | 211 | N/A | 2.9 | -88.3% |
| Denmark | 93.4 | 70.3 | 30.4 | N/A | -42.9% |
| Belgium | 101 | 4.0 | 48.8 | N/A | -30.5% |
| Poland | 27.3 | N/A | N/A | N/A | 0% |
| Nicaragua | N/A | N/A | 213 | N/A | 0% |
| Others | 336 | 202 | 160 | 33.3 | -53.7% |
| Total | 2,922 | 2,079 | 2,704 | 1,140 | -26.9% |
Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from the UK in 2022:
- Ireland (59.0 tons)
- Netherlands (52.1 tons)
- Iceland (21.8 tons)
- France (11.1 tons)
- Norway (4.6 tons)
- Germany (2.8 tons)
- Spain (2.5 tons)
- China (0.4 tons)
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