Poland: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in Poland

In 2022, after two years of decline, there was growth in the Polish inedible fish products market, when its value increased by 3.8% to $X. Over the period under review, consumption recorded a abrupt slump. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Inedible Fish Products Production in Poland

In value terms, inedible fish products production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed prominent growth. The growth pace was the most rapid in 2018 when the production volume increased by 113% against the previous year. Inedible fish products production peaked in 2022 and is expected to retain growth in the immediate term.

Inedible Fish Products Exports

Exports from Poland

In 2022, after four years of growth, there was significant decline in overseas shipments of inedible fish products, when their volume decreased by -17.1% to X tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 79% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, inedible fish products exports declined notably to $X in 2022. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2018 when exports increased by 49%. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

France (X tons) was the main destination for inedible fish products exports from Poland, with a 93% share of total exports. It was followed by Denmark (X tons), with a 1.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to France stood at +143.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-10.7% per year) and Germany (-18.6% per year).

In value terms, the largest markets for inedible fish products exported from Poland were Denmark ($X), Germany ($X) and France ($X), with a combined 63% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +111.2%, saw the highest growth rate of 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 2022, the average inedible fish products export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2018 when the average export price increased by 22%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+34.9%), while the prices for the other major destinations experienced mixed trend patterns.

Inedible Fish Products Imports

Imports into Poland

In 2022, inedible fish products imports into Poland soared to X tons, picking up by 35% on 2021. In general, imports continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2016 with an increase of 70% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, inedible fish products imports fell to $X in 2022. Over the period under review, imports showed a buoyant expansion. The growth pace was the most rapid in 2016 when imports increased by 76% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Lithuania (X tons) and Denmark (X tons) were the main suppliers of inedible fish products imports to Poland, together accounting for 75% of total imports. Spain, France, Latvia and China lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +66.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Lithuania ($X) and China ($X) were the largest inedible fish products suppliers to Poland, together comprising 55% of total imports. The Netherlands, Spain, France and Latvia lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Spain, with a CAGR of +56.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average inedible fish products import price stood at $X per ton in 2022, with a decrease of -31.4% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 104%. The import price peaked at $X per ton in 2021, and then fell significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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