United Kingdom - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingUK Imports of Preserved Mackerel Decline Significantly to $3.3M in October 2023
United Kingdom Preserved Mackerel Imports
In October 2023, purchases abroad of mackerel (prepared or preserved) decreased by -26.5% to 558 tons, falling for the second consecutive month after two months of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when imports increased by 107% against the previous month. As a result, imports attained the peak of 1K tons. From December 2022 to October 2023, the growth of imports failed to regain momentum.
In value terms, preserved mackerel imports contracted dramatically to $3.3M (IndexBox estimates) in October 2023. In general, total imports indicated noticeable growth from October 2022 to October 2023: its value increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, imports decreased by -40.7% against August 2023 indices. The most prominent rate of growth was recorded in November 2022 with an increase of 58% month-to-month.
| COUNTRY | Import Value of Preserved Mackerel in United Kingdom (thousand USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| Denmark | 1,396 | 2,260 | 1,994 | 1,163 | 1,580 | 2,597 | 1,774 | 1,684 | 1,902 | 2,302 | 3,818 | 2,912 | 1,550 |
| Latvia | 745 | 782 | 901 | 1,210 | 1,042 | 1,233 | 885 | 986 | 943 | 963 | 928 | 841 | 1,208 |
| Portugal | 32.2 | 215 | 30.2 | 78.5 | 155 | 138 | 86.0 | 312 | 238 | 124 | 209 | 129 | 327 |
| China | 21.7 | 98.5 | 130 | 27.5 | 160 | 34.9 | 30.8 | 188 | 99.5 | 105 | 190 | 85.5 | 81.1 |
| Poland | 97.8 | 262 | 513 | 82.5 | 258 | 254 | 179 | 115 | 205 | 19.7 | 361 | 242 | 4.7 |
| Others | 146 | 227 | 78.2 | 27.0 | 32.7 | 75.0 | 31.5 | 76.4 | 119 | 188 | 141 | 353 | 176 |
| Total | 2,438 | 3,845 | 3,645 | 2,588 | 3,228 | 4,332 | 2,986 | 3,361 | 3,506 | 3,702 | 5,648 | 4,563 | 3,347 |
Imports by Country
Denmark (243 tons), Latvia (196 tons) and Portugal (48 tons) were the main suppliers of preserved mackerel imports to the UK, together accounting for 87% of total imports. These countries were followed by China and Poland, which together accounted for a further 7.8%.
From October 2022 to October 2023, the biggest increases were in China (with a CAGR of +15.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest preserved mackerel suppliers to the UK were Denmark ($1.5M), Latvia ($1.2M) and Portugal ($327K), together accounting for 92% of total imports.
Portugal, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In October 2023, the preserved mackerel price stood at $6,002 per ton (CIF, United Kingdom), approximately reflecting the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in December 2022 when the average import price increased by 58% m-o-m. Over the period under review, average import prices attained the peak figure at $6,562 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Portugal ($6,855 per ton), while the price for China ($1,886 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Portugal (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the preserved mackerel market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
