Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany (FOB) - 2023
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany (CIF) - 2023
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,381 per ton in October 2023, which is down by -22.1% against the previous month. Overall, the import price showed a perceptible decline. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 79% month-to-month. As a result, import price reached the peak level of $8,027 per ton. From September 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for Peru amounted to +2.1% per month.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany (FOB) - 2023
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $6,452 per ton in October 2023, jumping by 22% against the previous month. Over the period under review, export price indicated a notable increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by +43.4% against June 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 66% month-to-month. As a result, the export price attained the peak level of $8,267 per ton. From June 2023 to October 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +5.3% per month.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany
In 2022, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Germany soared to 8.4K tons, increasing by 78% on the previous year. Over the period under review, imports, however, recorded a abrupt decrease.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $35M in 2022. Overall, imports, however, continue to indicate a deep slump.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 13.9 | 4.7 | 5.4 | 9.1 | -13.2% |
| Peru | 4.0 | 2.1 | 2.4 | 8.4 | 28.1% |
| United States | 17.0 | 4.4 | 4.0 | 8.1 | -21.9% |
| Netherlands | 1.3 | 2.3 | 2.6 | 3.9 | 44.2% |
| South Africa | 1.9 | 1.2 | 1.3 | 1.6 | -5.6% |
| Spain | 0.2 | 0.1 | N/A | 1.2 | 81.7% |
| Argentina | 1.2 | 0.3 | 0.6 | 0.8 | -12.6% |
| Others | 1.0 | 0.4 | 1.0 | 1.5 | 14.5% |
| Total | 40.5 | 15.6 | 17.4 | 34.6 | -5.1% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Germany in 2022:
- Peru (2.5K tons)
- United States (2.2K tons)
- Namibia (2.0K tons)
- Netherlands (0.6K tons)
- South Africa (0.3K tons)
- Argentina (0.2K tons)
- Spain (0.2K tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany
In 2022, overseas shipments of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -4.2% to 3.2K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s fell to $16M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. As a result, the exports reached the peak of $18M, and then contracted in the following year.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.8 | 6.9 | 9.5 | 5.3 | -8.0% |
| Poland | 1.9 | 3.4 | 3.7 | 5.1 | 39.0% |
| Austria | 2.5 | 1.7 | 2.2 | 1.9 | -8.7% |
| Italy | 0.9 | 1.6 | 0.5 | 1.0 | 3.6% |
| France | 0.8 | 0.6 | 0.5 | 0.6 | -9.1% |
| Belgium | 0.5 | 0.3 | 0.3 | 0.6 | 6.3% |
| Sweden | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Others | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
| Total | 14.3 | 15.2 | 17.6 | 15.7 | 3.2% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Germany in 2022:
- Poland (1323.7 tons)
- Netherlands (956.6 tons)
- Austria (309.0 tons)
- France (169.7 tons)
- Italy (146.4 tons)
- Belgium (97.1 tons)
- Sweden (52.8 tons)
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