Report Update Nov 1, 2024

Ireland - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in Ireland

In 2020, the Irish frozen atlantic halibut market increased by X% to $X, rising for the second year in a row after ten years of decline. Overall, consumption enjoyed a significant increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Frozen Atlantic Halibut Exports

Exports from Ireland

In 2020, the amount of frozen atlantic halibut exported from Ireland contracted rapidly to X kg, which is down by -X% against 2019 figures. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, frozen atlantic halibut exports shrank dramatically to $X in 2020. Overall, exports, however, saw a resilient increase. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Denmark (X tons) was the main destination for frozen atlantic halibut exports from Ireland, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Denmark totaled +X%.

From 2007 to 2019, the average annual growth rate of value to Denmark totaled +X%.

Export Prices by Country

The average frozen atlantic halibut export price stood at $X per ton in 2019, growing by X% against the previous year. Overall, export price indicated a temperate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, frozen atlantic halibut export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2007 to 2019, the rate of growth in terms of prices for Denmark amounted to +X% per year.

Frozen Atlantic Halibut Imports

Imports into Ireland

In 2020, overseas purchases of frozen atlantic halibut decreased by -X% to X kg, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, frozen atlantic halibut imports reduced notably to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Spain (X kg) constituted the largest frozen atlantic halibut supplier to Ireland, with a X% share of total imports. Moreover, frozen atlantic halibut imports from Spain exceeded the figures recorded by the second-largest supplier, the UK (X kg), twofold.

From 2007 to 2020, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Lithuania (X% per year).

In value terms, Spain ($X) constituted the largest supplier of frozen atlantic halibut to Ireland, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Lithuania (X% per year).

Import Prices by Country

In 2020, the average frozen atlantic halibut import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2019 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic halibut in the world?

The countries with the highest volumes of frozen atlantic halibut consumption in 2020 were China, Denmark and Japan, with a combined 74% share of global consumption.

What are the largest producers of frozen atlantic halibut in the world?

Denmark constituted the country with the largest volume of frozen atlantic halibut production, comprising approx. 42% of total volume. Moreover, frozen atlantic halibut production in Denmark exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Norway, with a 13% share.

What are the leading suppliers of frozen atlantic halibut to Ireland?

In value terms, Spain constituted the largest supplier of frozen atlantic halibut to Ireland, comprising 75% of total imports. The second position in the ranking was occupied by the UK, with a 22% share of total imports.

What is the average export price for frozen atlantic halibut in Ireland?

In 2019, the average frozen atlantic halibut export price amounted to $7,190 per ton, surging by 3.3% against the previous year.

What is the average import price for frozen atlantic halibut in Ireland?

In 2020, the average frozen atlantic halibut import price amounted to $10,344 per ton, with an increase of 9.5% against the previous year.

This report provides an in-depth analysis of the frozen atlantic halibut market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023