Ireland: Smoked Herring Market 2025

Smoked Herring Market Size in Ireland

In 2022, after two years of decline, there was significant growth in the Irish smoked herring market, when its value increased by 5.7% to $X. Over the period under review, consumption, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2019 when the market value increased by 9.4%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Smoked Herring Production in Ireland

In value terms, smoked herring production contracted to $X in 2022 estimated in export price. Overall, production faced a deep reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 18%. Smoked herring production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Smoked Herring Exports

Exports from Ireland

In 2022, smoked herring exports from Ireland fell modestly to X tons, approximately reflecting the previous year's figure. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 518% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, smoked herring exports declined to $X in 2022. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 565%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for smoked herring exports from Ireland, with a 97% share of total exports. Moreover, smoked herring exports to the UK exceeded the volume sent to the second major destination, Bahrain (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +22.5%.

In value terms, the UK ($X) emerged as the key foreign market for smoked herrings exports from Ireland, comprising 97% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 3.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +22.1%.

Export Prices by Country

The average smoked herring export price stood at $X per ton in 2022, waning by -6.5% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 171%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Smoked Herring Imports

Imports into Ireland

In 2022, the amount of smoked herrings imported into Ireland totaled X tons, approximately equating the year before. In general, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 87% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, smoked herring imports amounted to $X in 2022. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 60% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of smoked herring to Ireland, accounting for a 70% share of total imports. Moreover, smoked herring imports from the UK exceeded the figures recorded by the second-largest supplier, Iceland (X tons), fivefold. The third position in this ranking was held by Germany (X kg), with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (0.0% per year) and Germany (-13.6% per year).

In value terms, the UK ($X) constituted the largest supplier of smoked herrings to Ireland, comprising 63% of total imports. The second position in the ranking was taken by Iceland ($X), with an 18% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (0.0% per year) and Germany (-20.3% per year).

Import Prices by Country

The average smoked herring import price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Iceland ($X per ton) and Germany ($X per ton), while the price for the UK ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :