Live Fish Price in Italy - 2023
Contents:
- Live Fish Price in Italy (FOB) - 2023
- Live Fish Price in Italy (CIF) - 2023
- Live Fish Exports in Italy
- Live Fish Imports in Italy
Live Fish Price in Italy (FOB) - 2023
The average live fish export price stood at $11,149 per ton in June 2023, dropping by -9.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 46% m-o-m. The export price peaked at $12,332 per ton in May 2023, and then fell in the following month.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Tunisia ($56,447 per ton), while the average price for exports to Slovenia ($1,227 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 Poland (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in Italy (CIF) - 2023
The average live fish import price stood at $13,972 per ton in June 2023, increasing by 30% against the previous month. Overall, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, live fish import price increased by +30.1% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 104% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Greece ($33,440 per ton), while the price for Germany ($4,692 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 Hungary (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Exports in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of live fish, which increased by 6.2% to 7.1K tons in 2022. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, live fish exports skyrocketed to $67M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Live Fish in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 11.2 | 11.6 | 12.3 | 14.6 | 9.2% |
| Malta | 2.7 | 2.0 | 1.8 | 12.3 | 65.8% |
| Tunisia | 5.4 | 7.8 | 10.8 | 10.4 | 24.4% |
| Greece | 1.5 | 1.1 | 4.2 | 4.3 | 42.1% |
| Germany | 2.4 | 2.0 | 2.7 | 3.6 | 14.5% |
| Albania | 1.8 | 2.1 | 2.8 | 3.4 | 23.6% |
| Poland | 2.3 | 1.6 | 3.3 | 3.2 | 11.6% |
| France | 0.7 | 0.8 | 1.4 | 2.0 | 41.9% |
| Czech Republic | 0.6 | 0.7 | 0.7 | 1.1 | 22.4% |
| Spain | 2.0 | 1.5 | 2.1 | 1.1 | -18.1% |
| Hungary | 0.8 | 0.7 | 0.7 | 0.8 | 0.0% |
| Romania | 0.2 | 0.8 | 0.8 | 0.7 | 51.8% |
| Others | 3.9 | 4.7 | 6.9 | 9.7 | 35.5% |
| Total | 35.4 | 37.5 | 50.6 | 67.0 | 23.7% |
Top Export Markets for Live Fish from Italy in 2022:
- Austria (3234.9 tons)
- Poland (906.7 tons)
- Malta (826.9 tons)
- Germany (608.9 tons)
- Czech Republic (287.1 tons)
- Tunisia (212.0 tons)
- Hungary (185.7 tons)
- France (158.8 tons)
- Greece (154.5 tons)
- Romania (119.7 tons)
- Albania (110.4 tons)
- Spain (60.0 tons)
Live Fish Imports in Italy
In 2022, the amount of live fish imported into Italy skyrocketed to 3.9K tons, rising by 88% on 2021 figures. Overall, imports showed significant growth. 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 $41M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Live Fish in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.1 | 2.9 | 7.1 | 10.9 | 52.1% |
| Greece | 2.2 | 1.5 | 3.1 | 5.6 | 36.5% |
| Germany | 0.2 | 0.3 | 0.8 | 5.5 | 201.8% |
| Netherlands | 1.7 | 1.7 | 2.6 | 4.7 | 40.4% |
| Belgium | 0.1 | N/A | 0.3 | 2.6 | 196.2% |
| France | 3.1 | 2.6 | 2.6 | 2.2 | -10.8% |
| Denmark | 1.5 | 1.8 | 3.6 | 1.7 | 4.3% |
| Sweden | 1.8 | 0.7 | 0.3 | 1.1 | -15.1% |
| Hungary | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| Others | 5.9 | 5.3 | 6.5 | 6.1 | 1.1% |
| Total | 19.7 | 16.8 | 27.0 | 40.8 | 27.5% |
Top Suppliers of Live Fish to Italy in 2022:
- Spain (1715.0 tons)
- Germany (530.2 tons)
- Netherlands (413.4 tons)
- Belgium (388.4 tons)
- Greece (244.1 tons)
- Hungary (139.8 tons)
- Denmark (139.5 tons)
- France (116.8 tons)
- Sweden (103.2 tons)
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