Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (CIF) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $6,121 per ton, increasing by 3.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 17%. The import price peaked at $6,660 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($9,440 per ton), while the price for Portugal ($4,593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $8,375 per ton in 2022, with an increase of 2.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $9,784 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,284 per ton), while the average price for exports to Belgium ($7,978 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 Belgium (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
Imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Luxembourg rose markedly to 65 tons in 2022, picking up by 5.3% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s expanded notably to $397K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 114 | 156 | 165 | 176 | 15.6% |
Germany | 39.7 | 68.5 | 69.7 | 71.5 | 21.7% |
Portugal | 47.5 | 52.3 | 45.8 | 53.4 | 4.0% |
France | 14.4 | 17.3 | 19.3 | 36.0 | 35.7% |
South Africa | 19.0 | 22.8 | 17.4 | 25.7 | 10.6% |
Belgium | 4.9 | 16.3 | 37.8 | 22.8 | 66.9% |
Argentina | 6.3 | 7.0 | 6.5 | 8.7 | 11.4% |
Others | 3.0 | 1.0 | 2.0 | 3.7 | 7.2% |
Total | 249 | 341 | 364 | 397 | 16.8% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Luxembourg in 2022:
- Namibia (29.4 tons)
- Portugal (11.6 tons)
- Germany (11.4 tons)
- France (3.8 tons)
- Belgium (3.7 tons)
- South Africa (3.5 tons)
- Argentina (1.4 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Luxembourg
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from Luxembourg skyrocketed to 2.9 tons, picking up by 103% compared with the year before. In general, exports enjoyed significant growth. 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 surged to $25K in 2022. Over the period under review, exports saw a significant increase. 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 Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 4.5 | 6.3 | 6.5 | 11.4 | 36.3% |
France | 1.0 | 3.2 | 4.9 | 10.7 | 120.4% |
Germany | 0.3 | 0.6 | 0.4 | 2.5 | 102.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.8 | 10.1 | 11.8 | 24.6 | 61.9% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Luxembourg in 2022:
- Belgium (1434.0 kg)
- France (1234.0 kg)
- Germany (271.0 kg)
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