Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the United Kingdom - 2023
Contents:
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK (CIF) - 2023
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK (FOB) - 2022
- Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK
- Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK (CIF) - 2023
In November 2023, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $10,535 per ton, declining by -5.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 9.9% month-to-month. Over the period under review, average import prices reached the maximum at $12,186 per ton in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($12,310 per ton), while the price for China ($5,330 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 Poland (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK (FOB) - 2022
The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $4,999 per ton in 2022, with an increase of 21% against the previous year. Overall, the export price showed a perceptible increase. The growth pace was the most rapid in 2015 when the average export price increased by 120% against the previous year. The export price peaked at $7,442 per ton in 2020; however, from 2021 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 the Netherlands ($13,730 per ton), while the average price for exports to China ($2,085 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 the Netherlands (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK
In 2022, after two years of decline, there was significant growth in supplies from abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s, when their volume increased by 13% to 2.3K tons. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat 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.
In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s soared to $23M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.6 | 14.3 | 10.7 | 18.1 | 16.0% |
| Iceland | 3.3 | 2.9 | 3.7 | 2.7 | -6.5% |
| China | 2.9 | 1.3 | 0.8 | 1.7 | -16.3% |
| Thailand | 1.0 | 0.3 | N/A | N/A | -70.0% |
| Others | 0.4 | 0.3 | 0.1 | 0.3 | -9.1% |
| Total | 19.3 | 19.2 | 15.3 | 22.7 | 5.6% |
Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to the UK in 2022:
- Netherlands (1713.5 tons)
- Iceland (274.3 tons)
- China (243.9 tons)
Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK
For the third year in a row, the UK recorded decline in shipments abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s, which decreased by -6.9% to 30 tons in 2022. Overall, exports saw a dramatic decrease.
In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s rose sharply to $151K in 2022. In general, exports continue to indicate a dramatic curtailment.
| Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 205 | 363 | 8.5 | 104 | -20.2% |
| China | N/A | N/A | N/A | 47.2 | 0% |
| Ireland | 291 | 287 | 6.5 | 0.1 | -93.0% |
| Japan | N/A | N/A | 30.7 | N/A | 0% |
| France | 779 | N/A | 55.4 | N/A | -73.3% |
| Others | 110 | 50.4 | 33.1 | N/A | -45.1% |
| Total | 1,384 | 700 | 134 | 151 | -52.2% |
Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from the UK in 2022:
- China (22.6 tons)
- Netherlands (7.6 tons)
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