Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark (FOB) - 2023
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark (CIF) - 2023
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark (FOB) - 2023
In October 2023, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $12,964 per ton, picking up by 7.6% against the previous month. Overall, export price indicated strong growth from October 2022 to October 2023: its price increased at an average monthly rate of +5.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -9.6% against August 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 61% month-to-month. Over the period under review, the average export prices hit record highs at $14,333 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($28,499 per ton), while the average price for exports to Italy ($7,888 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark (CIF) - 2023
In October 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $16,517 per ton, surging by 5.5% against the previous month. Over the period under review, import price indicated a mild expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -0.9% against August 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 123% against the previous month. The import price peaked at $16,666 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($26,518 per ton), while the price for Faroe Islands ($11,926 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark
For the fourth consecutive year, Denmark recorded growth in shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s, which increased by 55% to 2.1K tons in 2022. Over the period under review, exports showed a significant 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 fillets; fresh or chilled, other than fish of heading 0304.4s surged to $13M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.0% 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 +90.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 0.6 | 1.1 | 7.3 | 100.9% |
| Sweden | 1.6 | 1.9 | 1.9 | 1.7 | 2.0% |
| Norway | 1.1 | 1.1 | 1.4 | 1.3 | 5.7% |
| France | 0.3 | 1.2 | 1.0 | 0.8 | 38.7% |
| Italy | 0.8 | 0.6 | 0.6 | 0.4 | -20.6% |
| Netherlands | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Belgium | 0.8 | 0.7 | 1.0 | 0.2 | -37.0% |
| Poland | 0.2 | 0.1 | 1.0 | 0.1 | -20.6% |
| Canada | 0.4 | 1.3 | N/A | N/A | 225.0% |
| Others | 0.8 | 1.2 | 0.6 | 1.2 | 14.5% |
| Total | 7.0 | 9.1 | 9.1 | 13.3 | 23.9% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Denmark in 2022:
- Germany (1397.8 tons)
- Sweden (196.3 tons)
- France (117.3 tons)
- Poland (64.0 tons)
- Norway (60.1 tons)
- Italy (57.4 tons)
- Netherlands (36.2 tons)
- Belgium (11.7 tons)
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark
In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s imported into Denmark soared to 915 tons, jumping by 23% compared with the year before. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $11M in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 1.1 | 2.2 | 2.7 | 6.2 | 78.0% |
| Netherlands | 0.8 | 0.2 | 0.7 | 1.2 | 14.5% |
| Germany | 1.5 | 1.8 | 2.2 | 1.2 | -7.2% |
| Estonia | 0.4 | 0.3 | 0.6 | 0.9 | 31.0% |
| Sweden | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Spain | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
| Faroe Islands | 0.4 | 0.4 | 0.5 | 0.3 | -9.1% |
| Others | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Total | 5.3 | 5.6 | 7.8 | 11.3 | 28.7% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Denmark in 2022:
- Iceland (530.1 tons)
- Germany (105.4 tons)
- Netherlands (66.3 tons)
- Estonia (61.9 tons)
- Sweden (46.5 tons)
- Faroe Islands (34.3 tons)
- Spain (26.3 tons)
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