Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain - 2023

Contents:

  1. Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain (FOB) - 2023
  2. Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain (CIF) - 2022
  3. Exports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain
  4. Imports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain

Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain (FOB) - 2023

In September 2023, the average export price for fish; swordfish (xiphias gladius), frozen, other than filletses amounted to $10,123 per ton, surging by 6.4% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 10% against the previous month. Over the period under review, the average export prices hit record highs at $11,094 per ton in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($15,769 per ton), while the average price for exports to South Korea ($850 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain (CIF) - 2022

In 2022, the average import price for fish; swordfish (xiphias gladius), frozen, other than filletses amounted to $6,554 per ton, growing by 23% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $8,283 per ton. From 2016 to 2022, the average import prices remained 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 Belgium ($16,333 per ton), while the price for Denmark ($5,150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain

In 2022, overseas shipments of fish; swordfish (xiphias gladius), frozen, other than filletses were finally on the rise to reach 2.2K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; swordfish (xiphias gladius), frozen, other than filletses surged to $23M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy13.713.013.717.38.1%
France0.60.70.32.867.1%
South KoreaN/A0.1N/A0.6144.9%
Portugal0.30.20.30.518.6%
Singapore0.50.70.60.50.0%
Others1.30.40.31.0-8.4%
Total16.515.215.322.711.2%

Top Export Markets for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets from Spain in 2022:

  1. Italy (1653.8 tons)
  2. France (247.2 tons)
  3. Portugal (78.1 tons)
  4. South Korea (46.7 tons)
  5. Singapore (42.9 tons)

Imports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain

Imports of fish; swordfish (xiphias gladius), frozen, other than filletses into Spain surged to 85 tons in 2022, with an increase of 18% on the year before. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 652%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fish; swordfish (xiphias gladius), frozen, other than filletses surged to $558K in 2022. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 863%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal17836.015037828.5%
Italy37.83.957.212047.0%
NetherlandsN/AN/A60.332.0-46.9%
PolandN/AN/AN/A21.30%
DenmarkN/AN/A76.21.8-97.6%
Chile185N/A39.9N/A-53.6%
Others16.0N/A1.75.4-30.4%
Total41740.038555810.2%

Top Suppliers of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets to Spain in 2022:

  1. Portugal (57.2 tons)
  2. Italy (17.4 tons)
  3. Netherlands (5.7 tons)
  4. Poland (3.9 tons)
  5. Denmark (0.4 tons)

Source: IndexBox Market Intelligence Platform

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