Germany: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in Germany

The German inedible fish products market reduced to $X in 2022, dropping by -9.5% against the previous year. Overall, consumption saw a pronounced slump. Inedible fish products consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Inedible Fish Products Production in Germany

In value terms, inedible fish products production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 69% against the previous year. Inedible fish products production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Inedible Fish Products Exports

Exports from Germany

In 2022, inedible fish products exports from Germany expanded to X tons, growing by 2.2% on the previous year. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 516% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, inedible fish products exports fell to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +11.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.7% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 155% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Denmark (X tons) and Poland (X tons) were the main destinations of inedible fish products exports from Germany, together accounting for 41% of total exports. France, Malta, Bulgaria, Austria, Romania, Belgium, the United States, the Czech Republic, Lithuania and Finland lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +103.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for inedible fish products exports from Germany, comprising 21% of total exports. The second position in the ranking was taken by France ($X), with a 9.6% share of total exports. It was followed by Malta, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+17.8% per year) and Malta (+12.1% per year).

Export Prices by Country

The average inedible fish products export price stood at $X per ton in 2022, falling by -5.7% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 12%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Denmark ($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 the United States (-4.5%), while the prices for the other major destinations experienced a decline.

Inedible Fish Products Imports

Imports into Germany

In 2022, overseas purchases of inedible fish products decreased by -2.3% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by 24%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, inedible fish products imports stood at $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 55% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Denmark (X tons) were the main suppliers of inedible fish products imports to Germany, with a combined 85% share of total imports. Croatia and Iceland lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of +75.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Denmark ($X) were the largest inedible fish products suppliers to Germany, with a combined 64% share of total imports. Croatia and Iceland lagged somewhat behind, together accounting for a further 4.3%.

In terms of the main suppliers, Croatia, with a CAGR of +47.2%, saw the highest growth rate of the value of imports, 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 inedible fish products import price amounted to $X per ton, rising by 4.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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