United Kingdom: Market for Frozen Fish And Seafood 2025

Market Size for Frozen Fish And Seafood in the UK

The UK frozen fish and seafood market dropped to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Frozen Fish And Seafood in the UK

In value terms, frozen fish and seafood production reached $X in 2022 estimated in export price. Over the period under review, production recorded a mild slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Frozen fish and seafood production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Frozen Fish And Seafood

Exports from the UK

In 2022, after five years of decline, there was significant growth in overseas shipments of frozen fish and seafood, when their volume increased by X% to X tons. Overall, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen fish and seafood exports rose notably to $X in 2022. In general, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for frozen fish and seafood exports from the UK, with a X% share of total exports. Moreover, frozen fish and seafood exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Nigeria (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Nigeria (X% per year).

In value terms, France ($X) remains the key foreign market for frozen fish and seafood exports from the UK, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Spain (X% per year).

Export Prices by Country

The average frozen fish and seafood export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Nigeria ($X 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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fish And Seafood

Imports into the UK

In 2022, after two years of decline, there was growth in overseas purchases of frozen fish and seafood, when their volume increased by X% to X tons. In general, imports, however, showed a slight decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen fish and seafood imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Norway (X tons) and Vietnam (X tons) were the main suppliers of frozen fish and seafood imports to the UK, with a combined X% share of total imports. Iceland, Russia, India, the United States, Ecuador, Turkey, Faroe Islands, Myanmar, Bangladesh and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Iceland ($X) and Norway ($X) constituted the largest frozen fish and seafood suppliers to the UK, with a combined X% share of total imports. Vietnam, Russia, India, Turkey, Ecuador, Faroe Islands, the United States, Bangladesh, Myanmar and Germany lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fish and seafood import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Bangladesh ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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