Frozen Tilapia Fillets Price in Sweden - 2023
Contents:
- Frozen Tilapia Fillets Price in Sweden (CIF) - 2023
- Frozen Tilapia Fillets Price in Sweden (FOB) - 2022
- Frozen Tilapia Fillets Imports in Sweden
- Frozen Tilapia Fillets Exports in Sweden
Frozen Tilapia Fillets Price in Sweden (CIF) - 2023
The average frozen tilapia fillets import price stood at $6,543 per ton in May 2023, growing by 36% against the previous month. Overall, the import price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in August 2022 an increase of 148% m-o-m. The import price peaked at $18,011 per ton in September 2022; however, from October 2022 to May 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($6,720 per ton), while the price for the Netherlands ($6,166 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapia Fillets Price in Sweden (FOB) - 2022
The average frozen tilapia fillets export price stood at $3,696 per ton in 2022, reducing by -7.6% against the previous year. In general, the export price saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 an increase of 15% against the previous year. The export price peaked at $5,319 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($4,700 per ton), while the average price for exports to Iceland totaled $3,473 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.5%), while the prices for the other major destinations experienced a decline.
Frozen Tilapia Fillets Imports in Sweden
In 2022, approx. 56 tons of frozen tilapia fillets were imported into Sweden; growing by 7.3% compared with the previous year. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 13%. As a result, imports reached the peak of 58 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen tilapia fillets imports skyrocketed to $488K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Tilapia Fillets in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 137 | 170 | 203 | 259 | 23.6% |
| China | 71.0 | 73.6 | 81.7 | 165 | 32.5% |
| Germany | 40.5 | 42.5 | 19.5 | 45.8 | 4.2% |
| Netherlands | 43.9 | 21.3 | 14.3 | 11.6 | -35.8% |
| Denmark | 16.2 | 12.2 | 20.1 | 6.0 | -28.2% |
| Vietnam | N/A | 4.7 | 9.3 | N/A | 97.9% |
| Others | 7.1 | 0.9 | N/A | N/A | -87.3% |
| Total | 315 | 325 | 348 | 488 | 15.7% |
Top Suppliers of Frozen Tilapia Fillets to Sweden in 2022:
- China (33.6 tons)
- Taiwan (Chinese) (16.5 tons)
- Germany (2.6 tons)
- Netherlands (1.9 tons)
- Denmark (1.2 tons)
Frozen Tilapia Fillets Exports in Sweden
In 2022, overseas shipments of frozen tilapia fillets increased by 92% to 1.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep slump.
In value terms, frozen tilapia fillets exports surged to $6.1K in 2022. Over the period under review, exports, however, showed a sharp contraction.
| Export of Frozen Tilapia Fillets in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | N/A | N/A | 0.2 | 4.7 | 2250.0% |
| Finland | 10.7 | 7.5 | 0.4 | 1.4 | -49.2% |
| Denmark | 0.2 | 1.3 | 0.7 | N/A | 87.1% |
| Norway | N/A | N/A | 2.2 | N/A | 0% |
| Netherlands | 2.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 8.7 | 3.4 | 6.1 | -23.1% |
Top Export Markets for Frozen Tilapia Fillets from Sweden in 2022:
- Iceland (1346.0 kg)
- Finland (298.0 kg)
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