Germany: Frozen Catfish Market 2022

Frozen Catfish Market Size in Germany

The German frozen catfish market expanded significantly to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a significant expansion. The pace of growth was the most pronounced in 2016 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Frozen Catfish Exports

Exports from Germany

In 2020, overseas shipments of frozen catfish were finally on the rise to reach X tons for the first time since 2015, thus ending a four-year declining trend. In general, exports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen catfish exports skyrocketed to $X in 2020. Overall, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for frozen catfish exports from Germany, accounting for a X% share of total exports. Moreover, frozen catfish exports to France exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The third position in this ranking was occupied by Denmark (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Denmark (+X% per year).

In value terms, France ($X) remains the key foreign market for frozen catfish exports from Germany, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual growth rate of value to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Denmark (+X% per year).

Export Prices by Country

In 2020, the average frozen catfish export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen catfish export price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Austria ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ireland, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Catfish Imports

Imports into Germany

In 2020, approx. X tons of frozen catfish were imported into Germany; surging by X% on 2019. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, frozen catfish imports expanded rapidly to $X in 2020. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in years to come.

Imports by Country

In 2020, Vietnam (X tons) constituted the largest frozen catfish supplier to Germany, with a X% share of total imports. Moreover, frozen catfish imports from Vietnam exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume from Vietnam amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Latvia (+X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish to Germany, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Vietnam totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Latvia (+X% per year).

Import Prices by Country

The average frozen catfish import price stood at $X per ton in 2020, leveling off at the previous year. Over the period under review, import price indicated a measured increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen catfish import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to continue growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Latvia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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