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

Contents:

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

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

The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $9,723 per ton in November 2023, rising by 5% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +4.0%. The most prominent rate of growth was recorded in December 2022 an increase of 47% m-o-m. Over the period under review, average import prices reached the maximum at $9,962 per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the Netherlands ($11,078 per ton) and Russia ($11,027 per ton), while the price for Germany ($7,983 per ton) and China ($8,219 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), 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 France (FOB) - 2023

The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $10,459 per ton in November 2023, with an increase of 13% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in March 2023 an increase of 35% month-to-month. The export price peaked at $12,653 per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($17,648 per ton), while the average price for exports to Spain ($7,348 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 Portugal (+275.4%), 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 France

After three years of growth, overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -12.3% to 21K tons in 2022. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 1.2% against the previous year. As a result, imports reached the peak of 24K tons, and then dropped in the following year.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s shrank to $159M in 2022. Over the period under review, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 2.9%. As a result, imports reached the peak of $179M. 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53.745.636.238.3-10.7%
Netherlands2.934.350.735.3130.0%
Poland11.817.628.531.638.9%
Germany22.825.118.715.7-11.7%
Russia16.220.316.014.4-3.9%
Denmark7.813.212.47.5-1.3%
Lithuania2.01.01.73.520.5%
Spain4.65.73.73.2-11.4%
United Kingdom7.56.31.92.4-31.6%
Iceland13.7N/AN/A0.1-80.6%
Norway24.60.30.10.1-84.0%
Others6.39.46.86.72.1%
Total174179177159-3.0%

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

  1. China (5.0K tons)
  2. Netherlands (4.5K tons)
  3. Poland (4.1K tons)
  4. Germany (2.5K tons)
  5. Russia (1.8K tons)
  6. Denmark (0.8K tons)
  7. Lithuania (0.4K tons)
  8. Spain (0.4K tons)
  9. United Kingdom (0.3K tons)

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

In 2022, overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -29.2% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of 1.6K tons, and then shrank rapidly in the following year.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s shrank rapidly to $9.8M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports attained the peak of $12M, and then declined notably in the following year.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.81.83.12.851.8%
United KingdomN/AN/A0.51.8260.0%
Germany1.51.81.91.2-7.2%
Belgium1.72.32.01.2-11.0%
Netherlands1.90.71.81.1-16.7%
Poland2.61.11.00.8-32.5%
Luxembourg0.20.20.20.314.5%
MoroccoN/AN/A0.10.10.0%
Others0.71.01.30.6-5.0%
Total9.59.111.99.81.0%

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

  1. Spain (300.1 tons)
  2. United Kingdom (235.5 tons)
  3. Germany (142.7 tons)
  4. Belgium (130.5 tons)
  5. Netherlands (102.6 tons)
  6. Poland (75.1 tons)
  7. Luxembourg (25.8 tons)
  8. Morocco (22.5 tons)

Source: IndexBox Market Intelligence Platform

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