EU: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in the EU

The EU frozen freshwater fish market rose notably to $X in 2021, picking up by 6.6% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Frozen Freshwater Fish Production in the EU

In value terms, frozen freshwater fish production expanded markedly to $X in 2021 estimated in export price. The total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 30%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Frozen Freshwater Fish Exports

Exports in the EU

In 2021, frozen freshwater fish exports in the European Union shrank to X tons, dropping by -6.1% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, frozen freshwater fish exports dropped modestly to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 15%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

In 2021, the Netherlands (X tons), distantly followed by Spain (X tons), Germany (X tons), Portugal (X tons) and Belgium (X tons) were the main exporters of frozen freshwater fish, together creating 87% of total exports. Estonia (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +13.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen freshwater fish supplying countries in the European Union were the Netherlands ($X), Spain ($X) and Portugal ($X), with a combined 72% share of total exports.

In terms of the main exporting countries, the Netherlands, with a CAGR of +8.4%, saw the highest growth rate of the value of exports, 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 2021, growing by 5.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 7.5% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the other leaders experienced mixed trends in the export price figures.

Frozen Freshwater Fish Imports

Imports in the EU

In 2021, approx. X tons of frozen freshwater fish were imported in the European Union; picking up by 3% on the year before. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 7.9% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, frozen freshwater fish imports reached $X in 2021. Overall, imports, however, recorded a mild descent. The growth pace was the most rapid in 2017 with an increase of 8.9% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons) and Spain (X tons) represented the major importers of frozen freshwater fish in 2021, finishing at approx. 25% and 21% of total imports, respectively. France (X tons) ranks next in terms of the total imports with a 9.9% share, followed by Portugal (9.3%), Italy (7.3%) and Belgium (4.9%). The following importers - Germany (X tons), Poland (X tons), Sweden (X tons), Lithuania (X tons) and Greece (X tons) - together made up 15% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +13.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Portugal ($X) constituted the countries with the highest levels of imports in 2021, with a combined 53% share of total imports. France, Italy, Belgium, Germany, Poland, Sweden, Greece and Lithuania lagged somewhat behind, together comprising a further 39%.

Sweden, with a CAGR of +13.2%, saw 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

The import price in the European Union stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2017 when the import price increased by 11%. 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 Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+2.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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