France: Frozen Fish Meat Market 2024

Frozen Fish Meat Market Size in France

The French frozen fish meat market declined slightly to $X in 2021, with a decrease of -3.6% against the previous year. In general, consumption continues to indicate a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Frozen Fish Meat Production in France

In value terms, frozen fish meat production expanded sharply to $X in 2021 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 196% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Frozen Fish Meat Exports

Exports from France

In 2021, exports of frozen fish meat from France soared to X tons, growing by 43% compared with the previous year. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, frozen fish meat exports skyrocketed to $X in 2021. Overall, exports, however, showed a deep slump. 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

Poland (X tons), Estonia (X tons) and Belarus (X tons) were the main destinations of frozen fish meat exports from France, together comprising 47% of total exports. These countries were followed by the Netherlands, Germany, Belgium, Denmark, Italy, Ukraine, Spain, the UK, the United States and the Philippines, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +36.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fish meat exported from France were Belarus ($X), Poland ($X) and the Netherlands ($X), together comprising 34% of total exports. Italy, Estonia, Denmark, Belgium, Spain, the United States, the UK, Ukraine, Germany and the Philippines lagged somewhat behind, together accounting for a further 46%.

Italy, with a CAGR of +28.7%, saw 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 frozen fish meat export price stood at $X per ton in 2021, falling by -18.1% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 15%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($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 Philippines (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Meat Imports

Imports into France

Frozen fish meat imports into France shrank modestly to X tons in 2021, with a decrease of -4% on 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 15%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen fish meat imports totaled $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 25%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of frozen fish meat to France, with a 54% share of total imports. Moreover, frozen fish meat imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+24.8% per year) and the Netherlands (+43.3% per year).

In value terms, the United States ($X) constituted the largest supplier of frozen fish meat to France, comprising 51% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.7% share of total imports. It was followed by Spain, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+37.2% per year) and Spain (+9.8% per year).

Import Prices by Country

The average frozen fish meat import price stood at $X per ton in 2021, with an increase of 5.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 19%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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 Spain ($X per ton), while the price for Iceland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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