Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium
  4. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium (CIF) - 2023

The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $10,667 per ton in November 2023, increasing by 5.7% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 10% m-o-m. The import price peaked at $11,002 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($17,828 per ton), while the price for China ($5,733 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium (FOB) - 2023

The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $11,990 per ton in November 2023, surging by 6.3% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 46% month-to-month. The export price peaked at $12,719 per ton in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($23,281 per ton), while the average price for exports to Chad ($7,601 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium

In 2022, supplies from abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -13.9% to 3K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 42%. As a result, imports attained the peak of 3.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped to $28M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, imports reached the peak of $31M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.611.512.913.014.8%
Denmark3.85.25.37.123.2%
Germany3.34.43.92.8-5.3%
China0.73.51.31.322.9%
Poland0.41.72.10.931.0%
Lithuania0.71.83.60.84.6%
Russia0.80.50.10.6-9.1%
VietnamN/A1.20.40.3-50.0%
Others2.11.10.90.8-27.5%
Total20.430.830.627.510.5%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Belgium in 2022:

  1. Netherlands (1463.3 tons)
  2. Denmark (765.1 tons)
  3. Germany (279.2 tons)
  4. China (137.4 tons)
  5. Russia (97.7 tons)
  6. Poland (90.0 tons)
  7. Lithuania (87.7 tons)
  8. Vietnam (40.0 tons)

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium

In 2022, shipments abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -7.2% to 567 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of 966 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s expanded markedly to $5.6M in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. As a result, the exports reached the peak of $7.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,8921,7001,7491,9430.9%
Germany9971,2071,0911,1765.7%
Luxembourg9531,044970849-3.8%
France8332,8181,0518490.6%
Spain44.476.316529888.6%
Denmark6.11380.2290262.3%
Mexico9.120.211083.5109.4%
Others383262152116-32.8%
Total5,1187,2665,2895,6043.1%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Belgium in 2022:

  1. Netherlands (210.1 tons)
  2. Germany (109.0 tons)
  3. France (95.6 tons)
  4. Luxembourg (74.3 tons)
  5. Denmark (33.1 tons)
  6. Spain (26.3 tons)
  7. Mexico (12.3 tons)

Source: IndexBox Market Intelligence Platform

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