Netherlands: Frozen Cuttlefishes Market 2024

Frozen Cuttlefishes Market Size in the Netherlands

In 2021, the Dutch frozen cuttlefishes market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption showed a modest expansion. Frozen cuttlefishes consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Frozen Cuttlefishes Production in the Netherlands

In value terms, frozen cuttlefishes production totaled $X in 2021 estimated in export price. In general, production continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2019 with a decrease of -6.9%. Frozen cuttlefishes production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Frozen Cuttlefishes Exports

Exports from the Netherlands

In 2021, shipments abroad of frozen cuttlefishes decreased by -55.1% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 74% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, frozen cuttlefishes exports fell notably to $X in 2021. Overall, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 46% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of frozen cuttlefishes exports from the Netherlands, with a combined 44% share of total exports. Greece, Croatia, Aruba, Denmark, Spain and Portugal lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +143.6%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and Belgium ($X) constituted the largest markets for frozen cuttlefishes exported from the Netherlands worldwide, with a combined 52% share of total exports. These countries were followed by Croatia, Greece, Denmark, Aruba, Spain and Portugal, which together accounted for a further 37%.

Croatia, with a CAGR of +161.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average frozen cuttlefishes export price amounted to $X per ton, with an increase of 45% against the previous year. Overall, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 92%. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Aruba ($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 Belgium (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Cuttlefishes Imports

Imports into the Netherlands

Frozen cuttlefishes imports into the Netherlands contracted markedly to X tons in 2021, declining by -32% on 2020 figures. In general, imports faced a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 101%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, frozen cuttlefishes imports reduced to $X in 2021. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 188% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), China (X tons) and Germany (X tons) were the main suppliers of frozen cuttlefishes imports to the Netherlands, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of -0.8%), while purchases for the other leaders experienced a decline.

In value terms, the largest frozen cuttlefishes suppliers to the Netherlands were Spain ($X), China ($X) and Germany ($X), together comprising 82% of total imports.

Among the main suppliers, Spain, with a CAGR of +2.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average frozen cuttlefishes import price amounted to $X per ton, picking up by 41% against the previous year. Over the period under review, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 44%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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