United Kingdom: Fish Parts Market 2025

Fish Parts Market Size in the UK

The UK fish parts market rose slightly to $X in 2022, with an increase of 4% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Fish Parts Production in the UK

In value terms, fish parts production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.1% against 2019 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 71% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Fish Parts Exports

Exports from the UK

In 2022, exports of fish heads, tails and maws from the UK shrank markedly to X tons, with a decrease of -29% compared with 2021. Overall, exports, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,274% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, fish parts exports reduced to $X in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 353%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Philippines (X tons), Denmark (X tons) and Portugal (X tons) were the main destinations of fish parts exports from the UK, with a combined 93% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +50.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Portugal ($X) and Denmark ($X) appeared to be the largest markets for fish parts exported from the UK worldwide, together comprising 88% of total exports.

The Netherlands, with a CAGR of +33.9%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 fish parts export price amounted to $X per ton, rising by 31% against the previous year. Overall, the export price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Philippines ($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 the Netherlands (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Fish Parts Imports

Imports into the UK

In 2022, the amount of fish heads, tails and maws imported into the UK dropped to X tons, which is down by -10.6% against 2021 figures. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fish parts imports reduced notably to $X in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 127%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Norway (X tons), Vietnam (X tons) and Spain (X tons) were the main suppliers of fish parts imports to the UK, with a combined 91% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +134.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fish parts suppliers to the UK were Norway ($X), Vietnam ($X) and Spain ($X), with a combined 97% share of total imports.

Spain, with a CAGR of +133.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fish parts import price amounted to $X per ton, declining by -15.7% against the previous year. In general, the import price, however, continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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