Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal - 2023

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal (FOB) - 2022
  2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal (CIF) - 2022
  3. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal
  4. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $1,607 per ton in 2022, waning by -15.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. As a result, the export price attained the peak level of $3,530 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($5,943 per ton), while the average price for exports to Thailand ($457 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 Angola (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal (CIF) - 2022

The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $4,746 per ton in 2022, shrinking by -2.5% against the previous year. Overall, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 37%. The import price peaked at $4,868 per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($8,031 per ton), while the price for Denmark ($1,579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal

In 2022, approx. 1.7K tons of fish; edible offal, other than shark fins, fish heads, tails and mawses were exported from Portugal; picking up by 60% compared with 2021 figures. In general, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses skyrocketed to $2.8M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,1381,8831,5482,25425.6%
China520287427249-21.8%
ThailandN/AN/A15.0123720.0%
Others14574.198.91848.3%
Total1,8032,2452,0882,81116.0%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Portugal in 2022:

  1. Vietnam (1278.1 tons)
  2. Thailand (269.6 tons)
  3. China (133.2 tons)

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal

For the third year in a row, Portugal recorded decline in overseas purchases of fish; edible offal, other than shark fins, fish heads, tails and mawses, which decreased by -8.1% to 379 tons in 2022. Over the period under review, imports showed a drastic downturn. The smallest decline of -0.6% was in 2020.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses dropped to $1.8M in 2022. Overall, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden34.332.4247660168.0%
Netherlands628473417508-6.8%
Vietnam1,1491,8101,086459-26.4%
Spain78.153.250.495.87.0%
Iceland15011566.043.8-33.7%
DenmarkN/A27.98.726.5-2.5%
United KingdomN/A149N/AN/A0%
Others9.263.01315.4-16.3%
Total2,0492,7232,0061,798-4.3%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Portugal in 2022:

  1. Vietnam (127.3 tons)
  2. Netherlands (124.4 tons)
  3. Sweden (82.1 tons)
  4. Denmark (16.8 tons)
  5. Spain (14.4 tons)
  6. Iceland (12.6 tons)

Source: IndexBox Market Intelligence Platform

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