Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain
  4. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain (CIF) - 2023

The average import price for fish fillets; frozen, nile perch (lates niloticus)s stood at $6,149 per ton in November 2023, surging by 8.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.3%. The growth pace was the most rapid in March 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices reached the maximum in November 2023.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($8,508 per ton), while the price for Tanzania totaled $6,054 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Portugal (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain (FOB) - 2023

In November 2023, the average export price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $6,950 per ton, which is down by -14.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 50% month-to-month. The export price peaked at $8,148 per ton in October 2023, and then shrank in the following month.

Average prices varied noticeably for the major foreign markets. In November 2023, the countries with the highest prices were Portugal ($7,604 per ton) and Italy ($7,113 per ton), while the average price for exports to the Netherlands ($6,413 per ton) and France ($6,605 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain

In 2022, approx. 1.7K tons of fish fillets; frozen, nile perch (lates niloticus)s were imported into Spain; growing by 49% against the year before. In general, imports, however, continue to indicate a abrupt slump.

In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s surged to $10M in 2022. Over the period under review, imports enjoyed notable growth. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania6.13.15.15.8-1.7%
Uganda2.40.81.02.96.5%
Kenya0.40.10.61.140.1%
Netherlands0.60.10.30.4-12.6%
PortugalN/A0.20.10.1-29.3%
Italy0.30.40.1N/A-42.3%
OthersN/AN/AN/AN/A0%
Total9.74.77.210.42.3%

Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Spain in 2022:

  1. Tanzania (905.8 tons)
  2. Uganda (470.8 tons)
  3. Kenya (190.3 tons)
  4. Netherlands (64.2 tons)
  5. Portugal (32.8 tons)
  6. Italy (4.1 tons)

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain

For the third year in a row, Spain recorded decline in overseas shipments of fish fillets; frozen, nile perch (lates niloticus)s, which decreased by -59.2% to 114 tons in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -5.3% was in 2020.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s contracted rapidly to $895K in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 10%. As a result, the exports attained the peak of $1.9M, and then fell notably in the following year.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal647144428255-26.7%
Italy15848889324615.9%
Cuba37118.94.3224-15.5%
Greece6.4362135101150.8%
Poland27352294.229.3-52.5%
France25.814.811.820.0-8.1%
NetherlandsN/A94.6206N/A117.8%
Others21366.711419.8-54.7%
Total1,6951,7111,887895-19.2%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Spain in 2022:

  1. Italy (35.1 tons)
  2. Portugal (33.7 tons)
  3. Cuba (25.0 tons)
  4. Greece (11.0 tons)
  5. Poland (3.9 tons)
  6. France (2.3 tons)

Source: IndexBox Market Intelligence Platform

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