United Kingdom: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in the UK

The UK frozen salmonoids market stood at $X in 2019, standing approx. at the previous year. Overall, consumption recorded a abrupt contraction. The pace of growth was the most pronounced in 2009 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2010 to 2019, the growth of the market remained at a lower figure.

Frozen Salmonoids Production in the UK

In value terms, frozen salmonoids production expanded sharply to $X in 2020 estimated in export prices. Overall, production enjoyed a prominent expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Frozen Salmonoids Exports

Exports from the UK

In 2020, shipments abroad of frozen salmonoids increased by X% to X tons, rising for the seventh year in a row after two years of decline. Overall, exports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to see steady growth in the immediate term.

In value terms, frozen salmonoids exports declined to $X in 2020. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Ireland (X tons) was the main destination for frozen salmonoids exports from the UK, with a X% share of total exports. Moreover, frozen salmonoids exports to Ireland exceeded the volume sent to the second major destination, Georgia (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Ireland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+X% per year) and Belgium (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for frozen salmonoids exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Ireland amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

In 2020, the average frozen salmonoids export price amounted to $X per ton, waning by -X% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced a decline.

Frozen Salmonoids Imports

Imports into the UK

In 2020, purchases abroad of frozen salmonoids decreased by -X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen salmonoids imports amounted to $X in 2020. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2009; however, from 2010 to 2020, imports remained at a lower figure.

Imports by Country

Ireland (X tons), Myanmar (X tons) and Germany (X tons) were the main suppliers of frozen salmonoids imports to the UK, together comprising X% of total imports. Poland and Romania lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of frozen salmonoids to the UK, comprising X% of total imports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Ireland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+X% per year) and Germany (-X% per year).

Import Prices by Country

The average frozen salmonoids import price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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