Price for Fish; Edible Offal, Shark Fins in Spain - 2023

Contents:

  1. Price for Fish; Edible Offal, Shark Fins in Spain (FOB) - 2022
  2. Price for Fish; Edible Offal, Shark Fins in Spain (CIF) - 2022
  3. Exports of Fish; Edible Offal, Shark Fins in Spain
  4. Imports of Fish; Edible Offal, Shark Fins in Spain

Price for Fish; Edible Offal, Shark Fins in Spain (FOB) - 2022

In 2022, the average export price for fish; edible offal, shark finses amounted to $38,017 per ton, reducing by -31.5% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; edible offal, shark fins export price decreased by -42.1% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 84%. The export price peaked at $69,819 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($119,120 per ton), while the average price for exports to Italy ($2,836 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 France (+57.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish; Edible Offal, Shark Fins in Spain (CIF) - 2022

In 2022, the average import price for fish; edible offal, shark finses amounted to $24,522 per ton, shrinking by -15.7% against the previous year. Overall, the import price, however, saw buoyant growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 364% against the previous year. Over the period under review, average import prices attained the peak figure at $29,077 per ton in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($27,449 per ton), while the price for Germany ($9,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+37.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Edible Offal, Shark Fins in Spain

For the third year in a row, Spain recorded decline in overseas shipments of fish; edible offal, shark finses, which decreased by -34.1% to 78 tons in 2022. Over the period under review, exports showed a abrupt decline. The smallest decline of -5.4% was in 2020.

In value terms, fish; edible offal, shark fins exports declined remarkably to $3M in 2022. In general, exports continue to indicate a precipitous contraction. The smallest decline of -8.4% was in 2020.

Export of Fish; Edible Offal, Shark Fins in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR8.36.26.02.0-37.8%
China0.72.00.50.98.7%
ItalyN/AN/A0.1N/A0%
OthersN/AN/AN/AN/A0%
Total8.98.26.53.0-30.4%

Top Export Markets for Fish; Edible Offal, Shark Fins from Spain in 2022:

  1. China (49.5 tons)
  2. Hong Kong SAR (16.8 tons)
  3. Italy (11.4 tons)

Imports of Fish; Edible Offal, Shark Fins in Spain

In 2022, fish; edible offal, shark fins imports into Spain soared to 21 tons, surging by 21% on the previous year's figure. In general, imports, however, recorded a noticeable decrease.

In value terms, fish; edible offal, shark fins imports rose to $522K in 2022. Over the period under review, imports, however, showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 25%.

Import of Fish; Edible Offal, Shark Fins in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom551408319485-4.2%
FranceN/AN/AN/A20.60%
GermanyN/AN/AN/A16.80%
IrelandN/AN/A191N/A0%
OthersN/AN/AN/AN/A0%
Total551408510522-1.8%

Top Suppliers of Fish; Edible Offal, Shark Fins to Spain in 2022:

  1. United Kingdom (18.8 tons)
  2. Germany (1.7 tons)
  3. France (0.8 tons)

Source: IndexBox Market Intelligence Platform

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