France: Fresh Fish Fillet Market 2024

Fresh Fish Fillet Market Size in France

After two years of decline, the French fresh fish fillet market increased by 17% to $X in 2021. Overall, consumption, however, saw a slight reduction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Fresh Fish Fillet Production in France

In value terms, fresh fish fillet production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Fresh fish fillet production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Fresh Fish Fillet Exports

Exports from France

In 2021, exports of fresh or chilled fish fillets from France skyrocketed to X tons, with an increase of 37% on the previous year. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fresh fish fillet exports skyrocketed to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +30.7% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for fresh fish fillet exports from France, accounting for a 46% share of total exports. Moreover, fresh fish fillet exports to Belgium exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was taken by Switzerland (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-3.5% per year) and Switzerland (+17.7% per year).

In value terms, Belgium ($X) remains the key foreign market for fresh or chilled fish fillets exports from France, comprising 47% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 16% share of total exports. It was followed by Italy, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+26.2% per year) and Italy (+0.5% per year).

Export Prices by Country

In 2021, the average fresh fish fillet export price amounted to $X per ton, rising by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.2%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 19% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the UK ($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 Switzerland (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Fish Fillet Imports

Imports into France

Fresh fish fillet imports into France soared to X tons in 2021, with an increase of 19% on the previous year. In general, imports recorded 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, fresh fish fillet imports soared to $X in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Denmark (X tons) and Sweden (X tons) were the main suppliers of fresh fish fillet imports to France, with a combined 62% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +38.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Denmark ($X) and Sweden ($X) appeared to be the largest fresh fish fillet suppliers to France, together comprising 60% of total imports.

Sweden, with a CAGR of +38.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fresh fish fillet import price amounted to $X per ton, surging by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2018 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Norway ($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 (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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