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United Kingdom - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Cuttlefishes Price in the UK - 2023
Contents:
- Frozen Cuttlefishes Price in the UK (CIF) - 2022
- Frozen Cuttlefishes Price in the UK (FOB) - 2022
- Frozen Cuttlefishes Imports in the UK
- Frozen Cuttlefishes Exports in the UK
Frozen Cuttlefishes Price in the UK (CIF) - 2022
The average frozen cuttlefishes import price stood at $7,428 per ton in 2022, surging by 12% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen cuttlefishes import price increased by +112.3% against 2013 indices. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($12,571 per ton), while the price for the United States ($4,927 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Cuttlefishes Price in the UK (FOB) - 2022
In 2022, the average frozen cuttlefishes export price amounted to $9,755 per ton, standing approx. at the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2021 when the average export price increased by 86%. As a result, the export price attained the peak level of $9,897 per ton, and then dropped slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Ireland.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +11.1% per year.
Frozen Cuttlefishes Imports in the UK
In 2022, the amount of frozen cuttlefishes imported into the UK reduced dramatically to 181 tons, which is down by -37% on 2021. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.
In value terms, frozen cuttlefishes imports dropped remarkably to $1.3M in 2022. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports reached the peak of $1.9M, and then dropped significantly in the following year.
Import of Frozen Cuttlefishes in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 772 | 1,121 | 761 | 678 | -4.2% |
Thailand | 45.5 | 71.3 | 82.0 | 241 | 74.3% |
Vietnam | N/A | 17.5 | 13.5 | 180 | 220.7% |
United States | 86.7 | N/A | N/A | 163 | 23.4% |
Bulgaria | N/A | N/A | N/A | 25.2 | 0% |
Sri Lanka | 61.3 | 3.4 | 25.5 | N/A | -35.5% |
India | 384 | 164 | N/A | N/A | -57.3% |
Denmark | 191 | 98.8 | 25.5 | N/A | -63.5% |
Others | 210 | 169 | 1,002 | 55.3 | -35.9% |
Total | 1,751 | 1,645 | 1,909 | 1,342 | -8.5% |
Top Suppliers of Frozen Cuttlefishes to the UK in 2022:
- China (97.8 tons)
- United States (33.1 tons)
- Vietnam (21.0 tons)
- Thailand (19.2 tons)
- Bulgaria (5.1 tons)
Frozen Cuttlefishes Exports in the UK
In 2022, overseas shipments of frozen cuttlefishes increased by 451% to 2.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp decline.
In value terms, frozen cuttlefishes exports surged to $21K in 2022. Overall, exports, however, faced a dramatic decline.
Export of Frozen Cuttlefishes in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 31.4 | 19.8 | 3.9 | 21.3 | -12.1% |
France | 113 | N/A | N/A | 0.1 | -90.4% |
Spain | 151 | 19.1 | N/A | N/A | -87.4% |
Greece | 10.5 | 0.6 | N/A | N/A | -94.3% |
Italy | 412 | N/A | N/A | N/A | 0% |
Others | 14.4 | 1.4 | N/A | N/A | -90.3% |
Total | 732 | 41.0 | 3.9 | 21.4 | -69.2% |
Top Export Markets for Frozen Cuttlefishes from the UK in 2022:
- France (undefined tons)
- Ireland (2.2 tons)
This report provides an in-depth analysis of the frozen cuttlefishes market 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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