Germany: Fresh Fish Fillet Market 2024

Fresh Fish Fillet Market Size in Germany

For the tenth consecutive year, the German fresh fish fillet market recorded growth in sales value, which increased by 4.4% to $X in 2021. Over the period under review, consumption, however, recorded a resilient increase. Fresh fish fillet consumption peaked in 2021 and is expected to retain growth in the immediate term.

Fresh Fish Fillet Production in Germany

In value terms, fresh fish fillet production shrank to $X in 2021 estimated in export price. Overall, production, however, recorded a strong expansion. The growth pace was the most rapid in 2019 when the production volume increased by 38%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Fresh Fish Fillet Exports

Exports from Germany

In 2021, overseas shipments of fresh or chilled fish fillets increased by 11% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 20%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, fresh fish fillet exports surged to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.9% 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 +30.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for fresh fish fillet exports from Germany, accounting for a 34% share of total exports. Moreover, fresh fish fillet exports to the United States exceeded the volume sent to the second major destination, Austria (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +272.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-2.4% per year) and Poland (+3.2% per year).

In value terms, the United States ($X) remains the key foreign market for fresh or chilled fish fillets exports from Germany, comprising 34% of total exports. The second position in the ranking was taken by Austria ($X), with a 14% share of total exports. It was followed by Switzerland, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +277.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+0.9% per year) and Switzerland (+12.0% per year).

Export Prices by Country

In 2021, the average fresh fish fillet export price amounted to $X per ton, surging by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +4.8%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Poland ($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 Netherlands (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Fish Fillet Imports

Imports into Germany

In 2021, fresh fish fillet imports into Germany contracted to X tons, waning by -3% compared with 2020. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 9.6%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, fresh fish fillet imports rose significantly to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 13% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Denmark (X tons) were the main suppliers of fresh fish fillet imports to Germany, together accounting for 68% of total imports. These countries were followed by Sweden, Sri Lanka, Iceland, Maldives, Norway, Tanzania and the UK, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +85.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Netherlands ($X) and Sweden ($X) were the largest fresh fish fillet suppliers to Germany, together comprising 65% of total imports.

Sweden, with a CAGR of +100.3%, 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 2021, the average fresh fish fillet import price amounted to $X per ton, picking up by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +5.3%. The pace of growth appeared the most rapid in 2013 an increase of 16%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Tanzania ($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 UK (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :