Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark
  4. Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark (CIF) - 2023

In November 2023, the average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $8,045 per ton, falling by -40.8% against the previous month. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in October 2023 an increase of 41% month-to-month. As a result, import price attained the peak level of $13,580 per ton, and then declined dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Iceland ($13,796 per ton), while the price for Norway ($5,792 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 Iceland (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark (FOB) - 2023

In November 2023, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $8,016 per ton, waning by -3.1% against the previous month. In general, the export price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 62% m-o-m. The export price peaked at $10,528 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Sweden ($13,655 per ton), while the average price for exports to Spain ($5,894 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 Netherlands (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark

In 2022, the amount of fish fillets; frozen, haddock (melanogrammus aeglefinus)s imported into Denmark skyrocketed to 684 tons, growing by 360% compared with 2021 figures. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s soared to $5.3M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1500.1N/A4,241204.6%
Faroe Islands2404025391,02362.1%
Germany50417245.961.6-50.4%
Iceland47054.51892.0-83.8%
GreenlandN/AN/A293N/A0%
Ukraine187N/AN/AN/A0%
Others60.635716420.7-30.1%
Total1,6129861,2315,34949.2%

Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Denmark in 2022:

  1. Poland (577.1 tons)
  2. Faroe Islands (93.0 tons)
  3. Germany (7.8 tons)
  4. Iceland (0.2 tons)

Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark

In 2022, shipments abroad of fish fillets; frozen, haddock (melanogrammus aeglefinus)s decreased by -6.3% to 308 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 118% against the previous year. As a result, the exports reached the peak of 434 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s rose to $1.9M in 2022. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 113%. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1424.41561,410114.9%
Germany24817.970.5135-18.3%
IrelandN/AN/A10612417.0%
Spain36.3N/A32.894.137.4%
PolandN/A91.639883.3-4.6%
France34817846535.3-53.4%
Sweden18615757.28.2-64.7%
United Kingdom1641,970580N/A88.1%
Others10219416.527.6-35.3%
Total1,2252,6121,8811,91816.1%

Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Denmark in 2022:

  1. Norway (228.0 tons)
  2. Germany (27.7 tons)
  3. Poland (14.4 tons)
  4. Ireland (13.8 tons)
  5. Spain (12.4 tons)
  6. France (4.6 tons)
  7. Sweden (1.8 tons)

Source: IndexBox Market Intelligence Platform

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