Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland - 2023
Contents:
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland (CIF) - 2023
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland (FOB) - 2022
- Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland
- Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland (CIF) - 2023
In August 2023, the average import price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $7,698 per ton, approximately mirroring the previous month. In general, the import price, however, recorded modest growth. The growth pace was the most rapid in November 2022 an increase of 274% against the previous month. As a result, import price attained the peak level of $24,584 per ton. From December 2022 to August 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were the Netherlands ($8,387 per ton) and Poland ($7,782 per ton), while the price for Denmark ($6,768 per ton) and Sweden ($7,399 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $10,886 per ton, therefore, remained relatively stable against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 4,034%. As a result, the export price reached the peak level of $333,537 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +90.5% per year.
Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland
In 2022, after two years of decline, there was significant growth in purchases abroad of fish fillets; frozen, coalfish (pollachius virens)s, when their volume increased by 16% to 619 tons. Overall, imports, however, saw a mild reduction.
In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s skyrocketed to $5M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 754 | 1,913 | 2,016 | 2,095 | 40.6% |
| Norway | 325 | N/A | N/A | 1,409 | 63.1% |
| China | 259 | 417 | 235 | 486 | 23.3% |
| Lithuania | 135 | 188 | 117 | 463 | 50.8% |
| Sweden | 281 | 316 | 387 | 297 | 1.9% |
| Netherlands | 40.6 | 59.0 | 42.9 | 198 | 69.6% |
| Denmark | 1,656 | 142 | 15.2 | 47.0 | -69.5% |
| Germany | 154 | 69.4 | 2.7 | N/A | -86.8% |
| Others | 112 | 4.6 | 1.8 | 9.7 | -55.8% |
| Total | 3,714 | 3,108 | 2,817 | 5,005 | 10.5% |
Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Finland in 2022:
- Poland (351.2 tons)
- Lithuania (72.5 tons)
- China (72.0 tons)
- Sweden (48.9 tons)
- Norway (39.4 tons)
- Netherlands (28.4 tons)
- Denmark (6.2 tons)
Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland
In 2022, exports of fish fillets; frozen, coalfish (pollachius virens)s from Finland shrank dramatically to 132 kg, with a decrease of -64.5% against 2021. Overall, exports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2021 when exports increased by 389% against the previous year. As a result, the exports attained the peak of 372 kg, and then dropped significantly in the following year.
In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s contracted notably to $1.4K in 2022. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 468% against the previous year.
| Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 0.5 | 0.7 | 4.0 | 1.4 | 40.9% |
| Norway | 40.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 41.0 | 0.7 | 4.0 | 1.4 | -67.6% |
Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Finland in 2022:
- Estonia (132.0 kg)
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