EU: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in the EU

The EU market for jellyfish, dried, salted or in brine, smoked was estimated at $X in 2022, picking up by 4.4% against the previous year. In general, consumption continues to indicate significant growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in the EU

In value terms, production of jellyfish, dried, salted or in brine, smoked fell remarkably to $X in 2022 estimated in export price. In general, production, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 749%. Over the period under review, production of reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports in the EU

In 2022, exports of jellyfish, dried, salted or in brine, smoked in the European Union soared to X tons, increasing by 18% compared with the year before. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 237% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of jellyfish, dried, salted or in brine, smoked reached $X in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2014 when exports increased by 572% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Spain represented the major exporting country with an export of about X tons, which recorded 80% of total exports. The Netherlands (X tons) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by Portugal (9.4%).

Spain was also the fastest-growing in terms of the jellyfish, dried, salted or in brine, smoked exports, with a CAGR of +221.7% from 2012 to 2022. At the same time, Portugal (+107.1%) and the Netherlands (+62.0%) displayed positive paces of growth. While the share of Spain (+80 p.p.), the Netherlands (+9.8 p.p.) and Portugal (+9.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest jellyfish, dried, salted or in brine, smoked supplier in the European Union, comprising 93% of total exports. The second position in the ranking was taken by Portugal ($X), with a 4.4% share of total exports.

In Spain, exports of jellyfish, dried, salted or in brine, smoked expanded at an average annual rate of +193.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Portugal (+127.0% per year) and the Netherlands (+49.5% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, waning by -15% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 99%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then shrank rapidly in the following year.

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 Spain ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.6%), while the other leaders experienced a decline in the export price figures.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports in the EU

In 2022, imports of jellyfish, dried, salted or in brine, smoked in the European Union skyrocketed to X tons, picking up by 88% on the previous year's figure. Over the period under review, imports recorded a measured increase. The pace of growth was the most pronounced in 2013 with an increase of 969% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of jellyfish, dried, salted or in brine, smoked surged to $X in 2022. In general, imports enjoyed a tangible increase. The pace of growth was the most pronounced in 2013 with an increase of 718%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Italy represented the key importing country with an import of around X tons, which reached 42% of total imports. Spain (X tons) ranks second in terms of the total imports with a 22% share, followed by Denmark (15%), the Netherlands (8.3%) and Portugal (7.8%). France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +50.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and Portugal ($X) were the countries with the highest levels of imports in 2022, with a combined 86% share of total imports.

Spain, with a CAGR of +68.9%, saw the highest rates of growth with regard to the value of imports, in terms of 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, declining by -23.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 79% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

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 Spain ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :