Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia (FOB) - 2023
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia (CIF) - 2023
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,129 per ton in October 2023, flattening at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 5.3% m-o-m. As a result, import price attained the peak level of $4,373 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From October 2022 to October 2023, the rate of growth in terms of prices for Slovenia amounted to +0.7% per month.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia (FOB) - 2023
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $6,541 per ton in October 2023, rising by 4.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in December 2022 an increase of 8.3% month-to-month. The export price peaked in October 2023.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Serbia ($6,569 per ton), while the average price for exports to Bosnia and Herzegovina ($1,702 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia
In 2022, approx. 2.4K tons of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were imported into Croatia; with an increase of 23% compared with 2021. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern 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.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $9.4M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 6.3 | 4.8 | 4.4 | 7.8 | 7.4% |
| Slovenia | 0.1 | 0.1 | 1.0 | 0.6 | 81.7% |
| Spain | 1.3 | 0.4 | 0.6 | 0.6 | -22.7% |
| Others | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Total | 7.8 | 5.5 | 6.1 | 9.4 | 6.4% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Croatia in 2022:
- Argentina (2048.1 tons)
- Spain (150.5 tons)
- Slovenia (144.2 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from Croatia skyrocketed to 509 tons, with an increase of 29% against the year before. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $2.5M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 684 | 461 | 595 | 722 | 1.8% |
| Hungary | 407 | 557 | 453 | 628 | 15.6% |
| Montenegro | 138 | 116 | 144 | 463 | 49.7% |
| Serbia | 326 | 513 | 283 | 360 | 3.4% |
| Bosnia and Herzegovina | 23.5 | 0.2 | 74.4 | 209 | 107.2% |
| Bulgaria | N/A | N/A | 8.2 | 44.6 | 443.9% |
| Greece | 59.1 | 189 | 89.1 | N/A | 22.8% |
| Others | 49.9 | 32.8 | 35.6 | 60.9 | 6.9% |
| Total | 1,688 | 1,869 | 1,682 | 2,487 | 13.8% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Croatia in 2022:
- Slovenia (152.5 tons)
- Hungary (125.5 tons)
- Montenegro (90.1 tons)
- Serbia (70.8 tons)
- Bosnia and Herzegovina (50.2 tons)
- Bulgaria (8.9 tons)
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