EU: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in the EU

In 2022, the EU market for frozen, dried and smoked fish increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Frozen, Dried And Smoked Fish in the EU

In value terms, frozen, dried and smoked fish production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Frozen, Dried And Smoked Fish

Exports in the EU

In 2022, shipments abroad of frozen, dried and smoked fish decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, frozen, dried and smoked fish exports expanded notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Spain (X tons), Denmark (X tons), Germany (X tons), Poland (X tons) and Ireland (X tons) were the key exporters of frozen, dried and smoked fish, together committing X% of total exports. The following exporters - Portugal (X tons), Sweden (X tons), Estonia (X tons), France (X tons), Belgium (X tons), Lithuania (X tons) and Latvia (X tons) - together made up X% of total exports.

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

In value terms, the Netherlands ($X), Denmark ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Poland, Germany, Sweden, Belgium, Portugal, France, Lithuania, Ireland, Estonia and Latvia lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Estonia ($X per ton) was amongst the lowest.

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

Imports of Frozen, Dried And Smoked Fish

Imports in the EU

In 2022, approx. X tons of frozen, dried and smoked fish were imported in the European Union; standing approx. at 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, frozen, dried and smoked fish imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons), Spain (X tons), Germany (X tons), France (X tons), Poland (X tons), Italy (X tons), Portugal (X tons) and Denmark (X tons) was the main importer of frozen, dried and smoked fish in the European Union, making up X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen, dried and smoked fish importing markets in the European Union were Spain ($X), Germany ($X) and France ($X), with a combined X% share of total imports. The Netherlands, Italy, Denmark, Portugal and Poland lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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