Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece (CIF) - 2023
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,711 per ton in October 2023, almost unchanged from the previous month. Over the period under review, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in May 2023 an increase of 113% month-to-month. Over the period under review, average import prices attained the maximum at $8,116 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($4,256 per ton), while the price for Argentina amounted to $3,665 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Argentina (+1.5%).
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,454 per ton in 2022, picking up by 6.1% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 50%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($4,791 per ton), while the average price for exports to Italy ($3,054 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 Cyprus (+9.7%), 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 Greece
After three years of growth, purchases abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -12.9% to 577 tons in 2022. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 663 tons, and then contracted in the following year.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s shrank slightly to $1.9M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17%.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 630 | 1,143 | 1,428 | 1,170 | 22.9% |
| Spain | 628 | 138 | 114 | 494 | -7.7% |
| Namibia | 83.3 | 165 | N/A | 85.6 | 0.9% |
| Denmark | N/A | N/A | 137 | 75.8 | -44.7% |
| Cyprus | N/A | 16.2 | 104 | 71.8 | 110.5% |
| Croatia | 84.6 | 171 | 102 | N/A | 9.8% |
| Others | 50.7 | 100 | 81.2 | 41.1 | -6.8% |
| Total | 1,476 | 1,733 | 1,965 | 1,938 | 9.5% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Greece in 2022:
- Argentina (365.9 tons)
- Spain (126.6 tons)
- Denmark (24.8 tons)
- Namibia (24.4 tons)
- Cyprus (21.8 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Greece
In 2022, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s from Greece surged to 38 tons, growing by 311% on 2021 figures. In general, exports posted a significant increase.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $171K in 2022. Overall, exports posted significant growth. 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 Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | N/A | N/A | N/A | 99.4 | 0% |
| Cyprus | 28.7 | 25.0 | 38.0 | 69.0 | 34.0% |
| Spain | 14.9 | 144 | N/A | N/A | 866.4% |
| Others | 0.7 | N/A | 1.1 | 2.2 | 46.5% |
| Total | 44.3 | 169 | 39.1 | 171 | 56.9% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Greece in 2022:
- North Macedonia (20.7 tons)
- Cyprus (16.9 tons)
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