Netherlands: Fresh Fish Fillet Market 2024

Fresh Fish Fillet Market Size in the Netherlands

In 2021, the Dutch fresh fish fillet market decreased by -36.8% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a relatively flat trend pattern. Fresh fish fillet consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Fresh Fish Fillet Production in the Netherlands

In value terms, fresh fish fillet production reduced slightly to $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.8% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 52%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Fresh Fish Fillet Exports

Exports from the Netherlands

In 2021, exports of fresh or chilled fish fillets from the Netherlands skyrocketed to X tons, jumping by 32% on the previous year. Over the period under review, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fresh fish fillet exports surged to $X in 2021. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2017 when exports increased by 52% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of fresh fish fillet exports from the Netherlands, with a combined 66% share of total exports. These countries were followed by Italy, the United States, Spain, Israel, the UK and Sweden, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +113.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Germany ($X) appeared to be the largest markets for fresh fish fillet exported from the Netherlands worldwide, together comprising 65% of total exports. The United States, Italy, Israel, Spain, the UK and Sweden lagged somewhat behind, together accounting for a further 24%.

In terms of the main countries of destination, the United States, with a CAGR of +112.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fresh fish fillet export price amounted to $X per ton, with an increase of 6.6% against the previous year. Over the last nine years, it increased at an average annual rate of +5.9%. The pace of growth was the most pronounced in 2013 an increase of 17% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Israel ($X per ton), while the average price for exports to the UK ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Fish Fillet Imports

Imports into the Netherlands

In 2021, overseas purchases of fresh or chilled fish fillets increased by 27% to X tons, rising for the sixth year in a row after two years of decline. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 30% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, fresh fish fillet imports soared to $X in 2021. Overall, imports posted prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Iceland (X tons) constituted the largest supplier of fresh fish fillet to the Netherlands, with a 45% share of total imports. Moreover, fresh fish fillet imports from Iceland exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Iceland amounted to +46.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.4% per year) and Belgium (-0.5% per year).

In value terms, Iceland ($X) constituted the largest supplier of fresh or chilled fish fillets to the Netherlands, comprising 43% of total imports. The second position in the ranking was held by Belgium ($X), with a 15% share of total imports. It was followed by Turkey, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Iceland amounted to +43.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.2% per year) and Turkey (+2.0% per year).

Import Prices by Country

The average fresh fish fillet import price stood at $X per ton in 2021, with an increase of 5.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2020 an increase of 15%. The import price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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