EU: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in the EU

In 2020, the EU frozen salmonoids market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Frozen Salmonoids Production in the EU

In value terms, frozen salmonoids production soared to $X in 2020 estimated in export prices. In general, production continues to indicate modest growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of frozen salmonoids production in 2020 were Belgium (X tons), France (X tons) and the Czech Republic (X tons), with a combined X% share of total production.

From 2007 to 2020, the most notable rate of growth in terms of frozen salmonoids production, amongst the main producing countries, was attained by the Czech Republic, while frozen salmonoids production for the other leaders experienced more modest paces of growth.

Frozen Salmonoids Exports

Exports in the EU

For the third year in a row, the European Union recorded decline in shipments abroad of frozen salmonoids, which decreased by -X% to X tons in 2020. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, frozen salmonoids exports dropped notably to $X in 2020. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

The Czech Republic was the main exporter of frozen salmonoids in the European Union, with the volume of exports recording X tons, which was approx. X% of total exports in 2020. Spain (X tons) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%) and Poland (X%). The following exporters - Ireland (X tons), Denmark (X tons) and the Netherlands (X tons) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to frozen salmonoids exports from the Czech Republic stood at +X%. At the same time, Lithuania (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. Ireland experienced a relatively flat trend pattern. By contrast, Poland (-X%), Spain (-X%), the Netherlands (-X%) and Denmark (-X%) illustrated a downward trend over the same period. While the share of the Czech Republic (+X p.p.), Lithuania (+X p.p.), Poland (+X p.p.) and Ireland (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of the Netherlands (-X p.p.), Spain (-X p.p.) and Denmark (-X p.p.) displayed negative dynamics.

In value terms, the Czech Republic ($X) emerged as the largest frozen salmonoids supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the Czech Republic stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and Spain (-X% per year).

Export Prices by Country

In 2020, the frozen salmonoids export price in the European Union amounted to $X per ton, dropping by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports in the EU

In 2020, after two years of growth, there was significant decline in purchases abroad of frozen salmonoids, when their volume decreased by -X% to X tons. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen salmonoids imports declined remarkably to $X in 2020. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons) and the Czech Republic (X tons) represented roughly X% of total imports of frozen salmonoids in 2020. Finland (X tons) ranks next in terms of the total imports with a X% share, followed by Sweden (X%), Ireland (X%) and Lithuania (X%). Poland (X tons), Greece (X tons), Cyprus (X tons), Germany (X tons), the Netherlands (X tons) and Italy (X tons) held a minor share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cyprus, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X), Ireland ($X) and Finland ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Finland saw the highest rates of growth with regard to 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 2020, the frozen salmonoids import price in the European Union amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Finland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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