Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Norway - 2022
Contents:
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Norway (FOB) - 2022
- Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Norway
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Norway (FOB) - 2022
In 2022, the average export price for fish amounted to $3,867 per ton, surging by 6.9% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish increased by +78.3% against 2013 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 6.9% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($3,829 per ton), while the average price for exports to Taiwan (Chinese) totaled $3,555 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.6%).
Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Norway
In 2022, the amount of fish exported from Norway rose slightly to 482 tons, with an increase of 4.6% against the previous year. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 4.6%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of fish expanded rapidly to $1.9M in 2022. The total export value increased at an average annual rate of +11.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 1.3 | 1.5 | 1.6 | 1.8 | 11.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 1.5 | 1.7 | 1.9 | 13.5% |
Top Export Markets for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) from Norway in 2022:
- Ukraine (476.1 tons)
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