France: Market for Fish Fillets and Other Fish Meat 2024

Market Size for Fish Fillets and Other Fish Meat in France

The French market for fish fillets and other fish meat rose remarkably to $X in 2022, growing by 15% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Production of Fish Fillets and Other Fish Meat in France

In value terms, production of fish fillets and other fish meat surged to $X in 2022 estimated in export price. Over the period under review, production showed a mild expansion. The growth pace was the most rapid in 2020 when the production volume increased by 504%. Production of peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Fish Fillets and Other Fish Meat

Exports from France

Exports of fish fillets and other fish meat from France shrank to X tons in 2022, declining by -10.7% compared with the year before. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, exports of fish fillets and other fish meat shrank rapidly to $X in 2022. The total export value increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of exports of fish fillets and other fish meat from France, together comprising 48% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +13.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fish fillets and other fish meat exported from France were Belgium ($X), Italy ($X) and Germany ($X), together comprising 57% of total exports. Switzerland, the Netherlands, Spain, the UK, Poland, Japan, Luxembourg, Denmark, Belarus and Estonia lagged somewhat behind, together comprising a further 36%.

Switzerland, with a CAGR of +18.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fish fillets and other fish meat stood at $X per ton in 2022, which is down by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets and Other Fish Meat

Imports into France

In 2022, purchases abroad of fish fillets and other fish meat increased by 10% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets and other fish meat expanded sharply to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The Netherlands (X tons), China (X tons) and the United States (X tons) were the main suppliers of imports of fish fillets and other fish meat to France, with a combined 37% share of total imports. Germany, Denmark, Sweden, Russia, Spain, the UK, Poland, Belgium, Namibia and Norway lagged somewhat behind, together accounting for a further 51%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +40.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Sweden ($X) and China ($X) were the largest fish fillets and other fish meat suppliers to France, with a combined 36% share of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +40.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for fish fillets and other fish meat amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 7.5% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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