Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden (FOB) - 2023
  3. Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden
  4. Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden (CIF) - 2023

In October 2023, the average import price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $5,420 per ton, increasing by 10% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $5,551 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Norway ($6,398 per ton), while the price for Iceland ($3,870 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Morocco (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden (FOB) - 2023

In October 2023, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $6,444 per ton, surging by 2.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $7,116 per ton. From August 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was Thailand ($6,530 per ton), while the average price for exports to Norway stood at $6,443 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden

In 2022, approx. 4K tons of fish fillets; frozen, coalfish (pollachius virens)s were imported into Sweden; with an increase of 12% compared with 2021. In general, imports, however, showed a pronounced downturn.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s surged to $19M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.210.27.89.71.8%
Norway4.54.15.46.311.9%
Iceland1.01.00.81.26.3%
MoroccoN/AN/AN/A0.80%
Lithuania0.10.5N/A0.681.7%
Denmark0.40.40.20.57.7%
Others0.40.40.40.2-20.6%
Total15.616.614.519.37.4%

Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Sweden in 2022:

  1. China (2156.7 tons)
  2. Norway (1135.2 tons)
  3. Iceland (229.9 tons)
  4. Morocco (211.0 tons)
  5. Lithuania (102.6 tons)
  6. Denmark (96.3 tons)

Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden

For the fourth consecutive year, Sweden recorded growth in shipments abroad of fish fillets; frozen, coalfish (pollachius virens)s, which increased by 4.8% to 1.5K tons in 2022. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s soared to $8.4M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 31%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.71.91.42.513.7%
Germany0.20.11.12.1119.0%
Finland1.71.71.41.70.0%
Poland0.51.72.11.647.4%
Norway0.20.20.20.314.5%
Belgium0.20.10.20.20.0%
Others0.10.2N/A0.10.0%
Total4.55.86.68.423.1%

Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Sweden in 2022:

  1. France (451.4 tons)
  2. Germany (405.4 tons)
  3. Finland (276.8 tons)
  4. Poland (272.5 tons)
  5. Norway (53.7 tons)
  6. Belgium (40.7 tons)

Source: IndexBox Market Intelligence Platform

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