Denmark: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Denmark

The Danish frozen catfish fillets market expanded significantly to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the immediate term.

Frozen Catfish Fillets Production in Denmark

In value terms, frozen catfish fillets production surged to $X in 2020 estimated in export prices. Overall, production posted a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Frozen Catfish Fillets Exports

Exports from Denmark

In 2020, overseas shipments of frozen catfish fillets decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish fillets exports contracted to $X in 2020. In general, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Sweden (X tons), Norway (X tons) and Germany (X tons) were the main destinations of frozen catfish fillets exports from Denmark, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Norway, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for frozen catfish fillets exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average frozen catfish fillets export price amounted to $X per ton, which is down by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Catfish Fillets Imports

Imports into Denmark

In 2020, imports of frozen catfish fillets into Denmark declined significantly to X tons, waning by -X% against the year before. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen catfish fillets imports contracted rapidly to $X in 2020. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Vietnam (X tons) was the main frozen catfish fillets supplier to Denmark, with a X% share of total imports. Moreover, frozen catfish fillets imports from Vietnam exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Vietnam amounted to -X%.

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish fillets to Denmark, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam amounted to -X%.

Import Prices by Country

The average frozen catfish fillets import price stood at $X per ton in 2020, falling by -X% against the previous year. Over the period under review, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Vietnam amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands.

Source: IndexBox Platform

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