Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic
  4. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic (CIF) - 2023

In October 2023, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $3,513 per ton, waning by -4.6% against the previous month. In general, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in April 2023 an increase of 49% month-to-month. Over the period under review, average import prices hit record highs at $5,451 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,649 per ton), while the price for the Netherlands ($624 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 the United States (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic (FOB) - 2023

The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,805 per ton in October 2023, falling by -13.1% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 34% against the previous month. Over the period under review, the average export prices hit record highs at $6,760 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was Lithuania ($5,907 per ton), while the average price for exports to Slovakia stood at $4,772 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+0.9%).

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic

In 2022, approx. 3.3K tons of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were imported into the Czech Republic; growing by 7.6% against the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $13M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +51.2% 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 the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.87.18.311.012.1%
Argentina0.70.50.50.6-5.0%
Estonia0.30.40.40.410.1%
Namibia0.2N/A0.20.314.5%
China0.70.30.20.1-47.7%
Others0.20.30.30.426.0%
Total9.98.59.812.88.9%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to the Czech Republic in 2022:

  1. United States (2879.7 tons)
  2. Argentina (130.6 tons)
  3. Estonia (107.3 tons)
  4. Namibia (66.5 tons)
  5. China (24.1 tons)

Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic

For the third consecutive year, the Czech Republic recorded decline in overseas shipments of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, which decreased by -25% to 752 tons in 2022. In general, exports showed a abrupt setback. The smallest decline of -6.1% was in 2020.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s plummeted to $4.1M in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 4.1% against the previous year.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia4.64.84.94.0-4.6%
Lithuania0.10.20.10.10.0%
Others0.10.10.1N/A0.0%
Total4.85.05.04.1-5.1%

Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from the Czech Republic in 2022:

  1. Slovakia (723.3 tons)
  2. Lithuania (24.7 tons)

Source: IndexBox Market Intelligence Platform

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