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

Contents:

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

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

The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $11,287 per ton in 2022, waning by -11.1% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 85% against the previous year. As a result, import price reached the peak level of $16,202 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($21,077 per ton), while the price for Ireland ($2,269 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $2,896 per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 177% against the previous year. As a result, the export price attained the peak level of $13,148 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($16,809 per ton), while the average price for exports to the Philippines ($870 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 Nigeria (+1,169.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by -17.1% to 54 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 424% against the previous year. As a result, imports attained the peak of 65 tons, and then declined remarkably in the following year.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses reduced remarkably to $607K in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 362% against the previous year. As a result, imports reached the peak of $825K, and then contracted sharply in the following year.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/A308301-2.3%
VietnamN/AN/A15319527.5%
SpainN/AN/AN/A92.70%
Lithuania24.730.019.016.4-12.8%
Germany59.611376.2N/A13.1%
Poland15.622.524.4N/A25.1%
CanadaN/AN/A238N/A0%
Others1.912.56.32.915.1%
Total10217882560781.2%

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

  1. Norway (25.5 tons)
  2. Vietnam (20.5 tons)
  3. Spain (4.4 tons)
  4. Lithuania (2.5 tons)

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

In 2022, approx. 66 tons of fish; edible offal, other than shark fins, fish heads, tails and mawses were exported from the UK; jumping by 208% against 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 642% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses soared to $192K in 2022. Over the period under review, exports posted a significant expansion. 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.027.96.969.3105.4%
PortugalN/AN/AN/A54.70%
DenmarkN/AN/A49.945.7-8.4%
PhilippinesN/AN/AN/A20.50%
Ireland19.38.40.1N/A-92.8%
Moldova7.0N/AN/AN/A0%
GhanaN/A1.4N/AN/A0%
Others9.50.43.31.9-41.5%
Total43.938.160.119263.5%

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

  1. Philippines (23.5 tons)
  2. Denmark (19.3 tons)
  3. Portugal (19.1 tons)
  4. Netherlands (4.1 tons)

Source: IndexBox Market Intelligence Platform

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