France: Preserved Fish Fillet Market 2024

Preserved Fish Fillet Market Size in France

In 2021, the French preserved fish fillet market increased by 3% to $X, rising for the second year in a row after five years of decline. In general, consumption faced a abrupt slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Preserved Fish Fillet Production in France

In value terms, preserved fish fillet production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt shrinkage. Preserved fish fillet production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Preserved Fish Fillet Exports

Exports from France

Preserved fish fillet exports from France shrank dramatically to X tons in 2021, reducing by -41.9% against the previous year. Over the period under review, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 54%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, preserved fish fillet exports shrank dramatically to $X in 2021. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by 64%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), New Caledonia (X tons) and Germany (X tons) were the main destinations of preserved fish fillet exports from France, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +77.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for fish fillets (dried, salted or in brine, but not smoked) exports from France, comprising 36% of total exports. The second position in the ranking was taken by New Caledonia ($X), with a 17% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland totaled +69.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+56.4% per year) and the United States (+28.6% per year).

Export Prices by Country

The average preserved fish fillet export price stood at $X per ton in 2021, rising by 35% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved fish fillet export price increased by +114.5% against 2014 indices. The most prominent rate of growth was recorded in 2019 an increase of 46%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Fish Fillet Imports

Imports into France

In 2021, purchases abroad of fish fillets (dried, salted or in brine, but not smoked) decreased by -0.9% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 37%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, preserved fish fillet imports rose sharply to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.1% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 30% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), China (X tons) and Spain (X tons) were the main suppliers of preserved fish fillet imports to France, together accounting for 79% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +55.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved fish fillet suppliers to France were Spain ($X), the Netherlands ($X) and China ($X), with a combined 72% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +47.2%, recorded the highest growth rate of 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

The average preserved fish fillet import price stood at $X per ton in 2021, growing by 8.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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