France: Market for Frozen Fish And Seafood 2024

Market Size for Frozen Fish And Seafood in France

The French frozen fish and seafood market reached $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Frozen fish and seafood consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Frozen Fish And Seafood in France

In value terms, frozen fish and seafood production expanded slightly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Frozen Fish And Seafood

Exports from France

For the fourth year in a row, France recorded decline in shipments abroad of frozen fish and seafood, which decreased by X% to X tons in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, frozen fish and seafood exports declined slightly to $X in 2022. Overall, exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of frozen fish and seafood exports from France, together accounting for X% of total exports. Germany, Portugal, Poland, Cote d'Ivoire, Morocco, Ghana, Belgium, Denmark, Colombia and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fish and seafood exported from France were Spain ($X), Italy ($X) and Germany ($X), together comprising X% of total exports. Belgium, the Netherlands, Poland, Portugal, the UK, Denmark, Cote d'Ivoire, Ghana, Morocco and Colombia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Morocco, with a CAGR of X%, 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 average frozen fish and seafood export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen fish and seafood export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Colombia ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fish And Seafood

Imports into France

In 2022, frozen fish and seafood imports into France expanded notably to X tons, growing by X% against the previous year. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, frozen fish and seafood imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X tons), Spain (X tons) and China (X tons) were the main suppliers of frozen fish and seafood imports to France, with a combined X% share of total imports. The United States, Ecuador, Germany, Belgium, the UK, Russia, India, Vietnam, Venezuela and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the Netherlands ($X), Ecuador ($X) and Spain ($X) appeared to be the largest frozen fish and seafood suppliers to France, with a combined X% share of total imports. Belgium, China, the United States, the UK, India, Germany, Russia, Vietnam, Poland and Venezuela lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the average frozen fish and seafood import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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