Belgium: Frozen Fish Fillet Market 2025

Frozen Fish Fillet Market Size in Belgium

After two years of growth, the Belgian frozen fish fillet market decreased by -13.7% to $X in 2022. Over the period under review, consumption continues to indicate a slight decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Frozen Fish Fillet Production in Belgium

In value terms, frozen fish fillet production expanded notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Frozen Fish Fillet Exports

Exports from Belgium

In 2022, overseas shipments of frozen fish fillet decreased by -47% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 48%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen fish fillet exports reduced markedly to $X in 2022. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of frozen fish fillet exports from Belgium, with a combined 78% share of total exports. Luxembourg, Denmark, Austria, Finland, Spain, Italy and Poland lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +16.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fish fillet exported from Belgium were Germany ($X), the Netherlands ($X) and France ($X), with a combined 72% share of total exports. Luxembourg, Denmark, Austria, Finland, Italy, Spain and Poland lagged somewhat behind, together accounting for a further 21%.

In terms of the main countries of destination, Finland, with a CAGR of +18.3%, 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

In 2022, the average frozen fish fillet export price amounted to $X per ton, increasing by 7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 20%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Finland ($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 Poland (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Fillet Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in overseas purchases of frozen fish fillet, when their volume decreased by -30.7% to X tons. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, frozen fish fillet imports contracted markedly to $X in 2022. Overall, imports recorded a pronounced downturn. The pace of growth was the most pronounced in 2020 with an increase of 33%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Vietnam (X tons) and China (X tons) were the main suppliers of frozen fish fillet imports to Belgium, together comprising 58% of total imports. Denmark, Germany, the United States and France lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +13.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) constituted the largest supplier of frozen fish fillet to Belgium, comprising 29% of total imports. The second position in the ranking was taken by Denmark ($X), with a 14% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+1.5% per year) and China (-11.1% per year).

Import Prices by Country

In 2022, the average frozen fish fillet import price amounted to $X per ton, surging by 4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Denmark ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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