Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK - 2023
Contents:
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK (CIF) - 2022
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK (FOB) - 2022
- Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK
- Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK (CIF) - 2022
The average import price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $40,912 per ton in 2022, jumping by 814% against the previous year. Over the period under review, the import price enjoyed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +11.7% per year.
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK (FOB) - 2022
In 2022, the average export price for fish; toothfish (dissostichus spp.), frozen, other than filletses amounted to $6,678 per ton, remaining stable against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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; toothfish (dissostichus spp.), frozen, other than filletses decreased by -35.1% against 2018 indices. The pace of growth was the most pronounced in 2017 an increase of 47%. Over the period under review, the average export prices hit record highs at $10,283 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($31,228 per ton), while the average price for exports to Cyprus ($3,146 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 Spain (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK
In 2022, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses into the UK declined notably to 872 kg, dropping by -74.8% compared with 2021 figures. In general, imports faced a sharp curtailment. The smallest decline of -26.9% was in 2020.
In value terms, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses soared to $36K in 2022. Overall, imports recorded a abrupt slump.
| Import of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 35.7 | 0% |
| Spain | 1.1 | 0.8 | 0.5 | N/A | -32.6% |
| France | 41.9 | 17.5 | 12.0 | N/A | -46.5% |
| Portugal | 6.5 | 3.3 | 0.7 | N/A | -67.2% |
| Others | 2.6 | 15.8 | 2.3 | N/A | -5.9% |
| Total | 52.1 | 37.5 | 15.5 | 35.7 | -11.8% |
Top Suppliers of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets to the UK in 2022:
- Australia (872.0 kg)
Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK
For the fourth consecutive year, the UK recorded growth in shipments abroad of fish; toothfish (dissostichus spp.), frozen, other than filletses, which increased by 0.5% to 22 tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 313% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of fish; toothfish (dissostichus spp.), frozen, other than filletses amounted to $149K in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 233%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 18.0 | 32.7 | 89.4 | 105 | 80.0% |
| Cyprus | 1.1 | 2.8 | 17.8 | 17.6 | 152.0% |
| Germany | 0.8 | 1.1 | 2.3 | 2.0 | 35.7% |
| Others | 4.4 | 7.8 | 38.7 | 24.0 | 76.0% |
| Total | 24.4 | 44.5 | 148 | 149 | 82.8% |
Top Export Markets for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets from the UK in 2022:
- Ireland (15.9 tons)
- Cyprus (5.6 tons)
- Germany (0.3 tons)
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