EU: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in the EU

The EU market for frozen atlantic salmon and danube salmon skyrocketed to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Frozen Atlantic Salmon And Danube Salmon in the EU

In value terms, production of frozen atlantic salmon and danube salmon shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production saw slight growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X, and then fell notably in the following year.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports in the EU

In 2021, shipments abroad of frozen atlantic salmon and danube salmon decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, and then shrank modestly in the following year.

In value terms, exports of frozen atlantic salmon and danube salmon contracted to $X in 2021. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Denmark represented the key exporting country with an export of around X tons, which accounted for X% of total exports. Sweden (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (X%), the Netherlands (X%), Poland (X%) and Estonia (X%). Ireland (X tons) followed a long way behind the leaders.

Exports from Denmark increased at an average annual rate of +X% from 2012 to 2021. At the same time, Ireland (+X%), Sweden (+X%), Poland (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, Lithuania (-X%) and Estonia (-X%) illustrated a downward trend over the same period. While the share of Denmark (+X p.p.), Sweden (+X p.p.), Ireland (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Lithuania (-X p.p.) and Estonia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X) remains the largest frozen atlantic salmon and danube salmon supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In Denmark, exports of frozen atlantic salmon and danube salmon increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, falling by -X% against the previous year. Overall, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the other leaders experienced more modest paces of growth.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports in the EU

In 2021, after two years of growth, there was decline in purchases abroad of frozen atlantic salmon and danube salmon, when their volume decreased by -X% to X tons. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, imports of frozen atlantic salmon and danube salmon rose significantly to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

Denmark was the main importing country with an import of around X tons, which accounted for X% of total imports. Sweden (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Germany (X%), the Netherlands (X%) and Estonia (X%). Spain (X tons) took a little share of total imports.

Denmark was also the fastest-growing in terms of the frozen atlantic salmon and danube salmon imports, with a CAGR of +X% from 2012 to 2021. At the same time, Poland (+X%), the Netherlands (+X%) and Sweden (+X%) displayed positive paces of growth. By contrast, Spain (-X%), Germany (-X%) and Estonia (-X%) illustrated a downward trend over the same period. Denmark (+X p.p.), Poland (+X p.p.), the Netherlands (+X p.p.) and Sweden (+X p.p.) significantly strengthened its position in terms of the total imports, while Spain, Germany and Estonia saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, Denmark ($X) constitutes the largest market for imported frozen atlantic salmon and danube salmon in the European Union, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Sweden, with a X% share.

In Denmark, imports of frozen atlantic salmon and danube salmon increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Sweden (+X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, picking up by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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