France: Preserved Salmon Market 2024

Preserved Salmon Market Size in France

The French preserved salmon market soared to $X in 2021, picking up by 73% against the previous year. Over the period under review, consumption recorded a prominent increase. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the near future.

Preserved Salmon Production in France

In value terms, preserved salmon production skyrocketed to $X in 2021 estimated in export price. Overall, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 97%. Preserved salmon production peaked in 2021 and is likely to see steady growth in the near future.

Preserved Salmon Exports

Exports from France

In 2021, exports of salmon (prepared or preserved) from France soared to X tons, rising by 24% against 2020. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 105%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, preserved salmon exports soared to $X in 2021. In general, exports showed a strong expansion. The growth pace was the most rapid in 2019 with an increase of 52%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), the United States (X tons) and Spain (X tons) were the main destinations of preserved salmon exports from France, together accounting for 62% of total exports. Italy, the UK, Belgium and Ireland lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +109.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Spain ($X) were the largest markets for preserved salmon exported from France worldwide, with a combined 58% share of total exports. Italy, the UK, Belgium and Ireland lagged somewhat behind, together accounting for a further 28%.

Ireland, with a CAGR of +81.4%, recorded the highest rates of growth with regard to the value of exports, among 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 preserved salmon export price stood at $X per ton in 2021, growing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 when the average export price increased by 26%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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 Belgium ($X per ton), while the average price for exports to Germany ($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 (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Salmon Imports

Imports into France

In 2021, purchases abroad of salmon (prepared or preserved) increased by 70% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved salmon imports surged to $X in 2021. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest preserved salmon supplier to France, accounting for a 56% share of total imports. Moreover, preserved salmon imports from Poland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was held by Denmark (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+23.9% per year) and Denmark (-7.2% per year).

In value terms, Poland ($X) constituted the largest supplier of salmon (prepared or preserved) to France, comprising 62% of total imports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total imports. It was followed by Denmark, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+20.2% per year) and Denmark (-5.8% per year).

Import Prices by Country

The average preserved salmon import price stood at $X per ton in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2016 an increase of 50%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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 Sweden ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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