Benelux: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Benelux

The Benelux market for fresh or chilled salmonoids fillets rose modestly to $X in 2022, with an increase of 2.4% against the previous year. The market value increased at an average annual rate of +6.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Benelux

In value terms, fresh or chilled salmonoids fillets production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +6.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 45%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Benelux

In 2022, the amount of fresh or chilled salmonoids fillets exported in Benelux dropped sharply to X tons, waning by -81.3% on 2021. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 650%. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced sharply in the following year.

In value terms, fresh or chilled salmonoids fillets exports contracted markedly to $X in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2018 with an increase of 442%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

The Netherlands dominates exports structure, resulting at X tons, which was near 97% of total exports in 2022. Belgium (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the fresh or chilled salmonoids fillets exports, with a CAGR of -9.5% from 2012 to 2022. Belgium (-16.5%) illustrated a downward trend over the same period. The Netherlands (+3.1 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -3.3% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest fresh or chilled salmonoids fillets supplier in Benelux, comprising 95% of total exports. The second position in the ranking was taken by Belgium ($X), with a 5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to -6.3%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, with an increase of 12% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +35.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 21%. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%).

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Benelux

In 2022, overseas purchases of fresh or chilled salmonoids fillets decreased by -13.5% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 43% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports declined to $X in 2022. Overall, imports saw a perceptible slump. The pace of growth was the most pronounced in 2018 with an increase of 68% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Luxembourg (X tons) and Belgium (X tons) were the key importers of fresh or chilled salmonoids fillets in 2022, finishing at near 44% and 35% of total imports, respectively. It was distantly followed by the Netherlands (X tons), comprising a 21% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Luxembourg (with a CAGR of +13.9%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest fresh or chilled salmonoids fillets importing markets in Benelux were Luxembourg ($X), Belgium ($X) and the Netherlands ($X).

Among the main importing countries, Luxembourg, with a CAGR of +17.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, increasing by 6.5% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.3% 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 +38.2% against 2019 indices. The growth pace was the most rapid in 2013 when the import price increased by 35% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform