Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy (FOB) - 2023
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy (CIF) - 2023
In October 2023, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $5,715 per ton, standing approximately at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices reached the maximum at $6,023 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($7,253 per ton), while the price for China ($3,974 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy (FOB) - 2023
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $5,121 per ton in August 2023, dropping by -28% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 36% m-o-m. As a result, the export price reached the peak level of $7,117 per ton, and then reduced notably in the following month.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Croatia ($8,178 per ton), while the average price for exports to Spain ($4,058 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+3.2%), 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 Italy
After two years of decline, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 18% to 26K tons in 2022. In general, imports, however, saw a pronounced curtailment.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $127M in 2022. Over the period under review, imports, however, continue to indicate a noticeable descent.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 28.9 | 25.5 | 21.6 | 32.8 | 4.3% |
| South Africa | 31.9 | 27.1 | 30.5 | 28.6 | -3.6% |
| Namibia | 32.6 | 26.3 | 24.0 | 26.6 | -6.6% |
| United States | 20.0 | 17.7 | 18.9 | 21.9 | 3.1% |
| Argentina | 10.3 | 6.5 | 5.5 | 8.2 | -7.3% |
| Netherlands | 0.9 | 0.7 | 0.6 | 3.0 | 49.4% |
| France | 3.0 | 2.5 | 2.6 | 2.2 | -9.8% |
| Others | 9.3 | 4.5 | 3.3 | 4.1 | -23.9% |
| Total | 137 | 111 | 107 | 127 | -2.5% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Italy in 2022:
- Spain (6.9K tons)
- United States (5.9K tons)
- Namibia (4.8K tons)
- South Africa (4.5K tons)
- Argentina (2.0K tons)
- Netherlands (0.5K tons)
- France (0.4K tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy
In 2022, overseas shipments of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were finally on the rise to reach 108 tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $564K in 2022. Overall, exports, however, recorded a abrupt downturn.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 296 | 122 | N/A | 150 | -20.3% |
| Malta | 30.0 | 23.2 | 68.6 | 132 | 63.9% |
| Slovenia | 161 | 112 | 138 | 131 | -6.6% |
| Croatia | 22.0 | 29.1 | 34.1 | 69.6 | 46.8% |
| Portugal | 169 | N/A | N/A | 35.5 | -40.6% |
| France | 7.1 | 2.7 | 1.2 | 22.3 | 46.4% |
| Cyprus | N/A | N/A | N/A | 17.9 | 0% |
| Ireland | 37.6 | N/A | N/A | N/A | 0% |
| Others | 25.8 | 16.6 | 7.0 | 5.6 | -39.9% |
| Total | 749 | 306 | 249 | 564 | -9.0% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Italy in 2022:
- Slovenia (29.0 tons)
- Spain (28.2 tons)
- Malta (23.4 tons)
- Croatia (13.7 tons)
- Portugal (6.5 tons)
- France (3.6 tons)
- Cyprus (3.2 tons)
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