Price for Smoked Fish, Incl. Fillets in Spain - 2023

Contents:

1. Price for Smoked Fish, Incl. Fillets in Spain (FOB) - 2023
2. Price for Smoked Fish, Incl. Fillets in Spain (CIF) - 2023
3. Exports of Smoked Fish, Incl. Fillets in Spain
4. Imports of Smoked Fish, Incl. Fillets in Spain

Price for Smoked Fish, Incl. Fillets in Spain (FOB) - 2023

The average smoked fish, incl. fillets export price stood at $24,277 per ton in June 2023, surging by 5% against the previous month. In general, the export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 56% against the previous month. The export price peaked at $26,613 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($34,623 per ton), while the average price for exports to Portugal ($7,493 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Smoked Fish, Incl. Fillets in Spain (CIF) - 2023

In June 2023, the average smoked fish, incl. fillets import price amounted to $12,150 per ton, with an increase of 40% against the previous month. In general, the import price posted a tangible increase. The pace of growth appeared the most rapid in December 2022 an increase of 189% m-o-m. As a result, import price reached the peak level of $21,158 per ton. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Denmark ($27,037 per ton), while the price for Germany ($6,423 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Smoked Fish, Incl. Fillets in Spain

In 2022, after two years of decline, there was growth in overseas shipments of smoked fish, incl. fillets, when their volume increased by 3.4% to 352 tons. Overall, exports, however, recorded a abrupt downturn.

In value terms, smoked fish, incl. fillets exports dropped to $7.2M in 2022. In general, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 13%.

Top Export Markets for Smoked Fish, Incl. Fillets from Spain in 2022:

1. Germany (undefined tons)
2. Italy (272.0 tons)
3. Portugal (33.8 tons)
4. Japan (15.8 tons)
5. United Kingdom (11.0 tons)
6. France (9.1 tons)
7. Sweden (0.1 tons)

Imports of Smoked Fish, Incl. Fillets in Spain

In 2022, overseas purchases of smoked fish, incl. fillets increased by 106% to 329 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, smoked fish, incl. fillets imports surged to $2.7M in 2022. In general, imports, however, continue to indicate a noticeable contraction.

Top Suppliers of Smoked Fish, Incl. Fillets to Spain in 2022:

1. Germany (147.3 tons)
2. France (60.0 tons)
3. Sweden (31.8 tons)
4. Poland (25.3 tons)
5. Denmark (18.6 tons)
6. Netherlands (17.2 tons)
7. Portugal (8.4 tons)

Source: IndexBox Market Intelligence Platform