Netherlands: Preserved Anchovies Market 2024

Preserved Anchovies Market Size in the Netherlands

The Dutch preserved anchovies market totaled $X in 2021, rising by 13% against the previous year. Overall, consumption showed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Preserved Anchovies Production in the Netherlands

In value terms, preserved anchovies production rose rapidly to $X in 2021 estimated in export price. In general, production enjoyed a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 44%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Preserved Anchovies Exports

Exports from the Netherlands

In 2021, approx. X tons of anchovies (prepared or preserved) were exported from the Netherlands; increasing by 44% on 2020. Over the period under review, exports posted a modest increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved anchovies exports surged to $X in 2021. In general, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 49% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for preserved anchovies exports from the Netherlands, accounting for a 40% share of total exports. Moreover, preserved anchovies exports to Belgium exceeded the volume sent to the second major destination, Germany (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+34.8% per year) and the United States (+169.8% per year).

In value terms, Belgium ($X) remains the key foreign market for anchovies (prepared or preserved) exports from the Netherlands, comprising 41% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Belgium totaled +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+48.4% per year) and the United States (+161.1% per year).

Export Prices by Country

In 2021, the average preserved anchovies export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved anchovies export price increased by +7.8% against 2014 indices. The growth pace was the most rapid in 2014 an increase of 81%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Aruba ($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 Thailand (+57.2%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Anchovies Imports

Imports into the Netherlands

In 2021, overseas purchases of anchovies (prepared or preserved) increased by 2.4% to X tons, rising for the fourth consecutive year after four years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved anchovies imports stood at $X in 2021. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 66%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest preserved anchovies supplier to the Netherlands, with a 53% share of total imports. Moreover, preserved anchovies imports from Spain exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+3.1% per year) and Belgium (-5.3% per year).

In value terms, Spain ($X) constituted the largest supplier of anchovies (prepared or preserved) to the Netherlands, comprising 60% of total imports. The second position in the ranking was taken by Peru ($X), with a 15% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+17.8% per year) and Belgium (-0.8% per year).

Import Prices by Country

In 2021, the average preserved anchovies import price amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2014 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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