Ireland: Market for Dried Or Salted Fish 2025

Market Size for Dried Or Salted Fish in Ireland

The Irish dried or salted fish market reduced sharply to $X in 2021, which is down by -20.7% against the previous year. Overall, consumption saw a pronounced contraction. Dried or salted fish consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Dried Or Salted Fish in Ireland

In value terms, dried or salted fish production reduced to $X in 2021 estimated in export price. Overall, production showed a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 38%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Dried Or Salted Fish

Exports from Ireland

In 2021, overseas shipments of dried or salted fish were finally on the rise to reach X tons after four years of decline. In general, exports, however, faced a deep downturn. The growth pace was the most rapid in 2015 when exports increased by 76% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, dried or salted fish exports surged to $X in 2021. Over the period under review, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 140% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X tons), Sweden (X tons) and Lithuania (X tons) were the main destinations of dried or salted fish exports from Ireland, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +22.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) emerged as the key foreign market for dried or salted fish exports from Ireland, comprising 65% of total exports. The second position in the ranking was taken by Sweden ($X), with a 17% share of total exports. It was followed by Lithuania, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to -8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+28.5% per year) and Lithuania (+19.8% per year).

Export Prices by Country

In 2021, the average dried or salted fish export price amounted to $X per ton, increasing by 44% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 98%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Lithuania ($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 Sweden (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Salted Fish

Imports into Ireland

In 2021, overseas purchases of dried or salted fish decreased by -46.1% to X tons, falling for the second consecutive year after four years of growth. In general, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by 196%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, dried or salted fish imports reduced sharply to $X in 2021. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 188% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest dried or salted fish supplier to Ireland, with a 45% share of total imports. Moreover, dried or salted fish imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.6% per year) and the Netherlands (+4.3% per year).

In value terms, Germany ($X) constituted the largest supplier of dried or salted fish to Ireland, comprising 63% of total imports. The second position in the ranking was held by the UK ($X), with a 13% share of total imports. It was followed by the Netherlands, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +32.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+8.6% per year) and the Netherlands (+7.8% per year).

Import Prices by Country

In 2021, the average dried or salted fish import price amounted to $X per ton, jumping by 23% against the previous year. Overall, the import price saw resilient growth. The growth pace was the most rapid in 2013 an increase of 100% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Norway ($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 Netherlands (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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