United Kingdom: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in the UK

For the fifth consecutive year, the UK market for frozen atlantic salmon and danube salmon recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption posted a prominent increase. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Production of Frozen Atlantic Salmon And Danube Salmon in the UK

In value terms, production of frozen atlantic salmon and danube salmon dropped to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from the UK

Exports of frozen atlantic salmon and danube salmon from the UK reduced sharply to X tons in 2021, with a decrease of -X% against the year before. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon expanded significantly to $X in 2021. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for exports of frozen atlantic salmon and danube salmon from the UK, accounting for a X% share of total exports. Moreover, exports of frozen atlantic salmon and danube salmon to Ukraine exceeded the volume sent to the second major destination, the United States (X tons), twofold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and China (-X% per year).

In value terms, the United States ($X) emerged as the key foreign market for frozen atlantic salmon and danube salmon exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and the Netherlands (-X% per year).

Export Prices by Country

The average export price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, picking up by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Ghana ($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 China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into the UK

In 2021, purchases abroad of frozen atlantic salmon and danube salmon increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of frozen atlantic salmon and danube salmon soared to $X in 2021. In general, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Norway (X tons) constituted the largest frozen atlantic salmon and danube salmon supplier to the UK, accounting for a X% share of total imports. Moreover, imports of frozen atlantic salmon and danube salmon from Norway exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. Denmark (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Norway stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and Denmark (+X% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen atlantic salmon and danube salmon to the UK, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Portugal, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Portugal (+X% per year).

Import Prices by Country

In 2021, the average import price for frozen atlantic salmon and danube salmon amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a pronounced descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for Iceland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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