Belgium: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Belgium

The Belgian market for fresh or chilled salmonoids fillets declined modestly to $X in 2022, falling by -5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from Belgium

In 2022, shipments abroad of fresh or chilled salmonoids fillets decreased by -41.9% to X tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by 136% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets exports contracted notably to $X in 2022. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by 106%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Luxembourg (X tons) and France (X kg) were the main destinations of fresh or chilled salmonoids fillets exports from Belgium, together comprising 87% of total exports. The Netherlands and Austria lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +41.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Luxembourg ($X) were the largest markets for fresh or chilled salmonoids fillets exported from Belgium worldwide, with a combined 83% share of total exports. France and Austria lagged somewhat behind, together accounting for a further 17%.

In terms of the main countries of destination, Austria, with a CAGR of +47.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, increasing by 23% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled salmonoids fillets export price increased by +88.7% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 35%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 Netherlands (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into Belgium

For the third year in a row, Belgium recorded decline in overseas purchases of fresh or chilled salmonoids fillets, which decreased by -22.2% to X tons in 2022. Over the period under review, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of 48% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports declined to $X in 2022. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 82%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of fresh or chilled salmonoids fillets to Belgium, accounting for a 79% share of total imports. Moreover, fresh or chilled salmonoids fillets imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. France (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+131.3% per year) and France (-19.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to Belgium, comprising 80% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by France, with a 4% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+132.0% per year) and France (-17.3% per year).

Import Prices by Country

In 2022, the average import price for fresh or chilled salmonoids fillets amounted to $X per ton, rising by 21% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled salmonoids fillets import price increased by +67.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 23% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and the Netherlands ($X per ton), while the price for Denmark ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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