Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal
  4. Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $3,360 per ton, picking up by 11% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 73% against the previous year. Over the period under review, average import prices attained the maximum at $5,386 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($3,516 per ton), while the price for Spain stood at $2,691 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.1%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $5,032 per ton, reducing by -47.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 93% against the previous year. As a result, the export price attained the peak level of $9,568 per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6,548 per ton), while the average price for exports to Angola ($2,398 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.7%).

Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal

After two years of decline, purchases abroad of fish fillets; frozen, haddock (melanogrammus aeglefinus)s increased by 2,057% to 9.7 tons in 2022. In general, imports recorded notable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s soared to $33K in 2022. Over the period under review, imports, however, continue to indicate a mild descent.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A27.60%
Spain33.70.31.44.9-47.4%
GermanyN/A0.5N/AN/A0%
OthersN/A0.6N/AN/A0%
Total33.71.51.432.5-1.2%

Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Portugal in 2022:

  1. Denmark (7.9 tons)
  2. Spain (1.8 tons)

Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal

Exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s from Portugal soared to 1.3 tons in 2022, rising by 2,805% on the year before. Over the period under review, exports, however, recorded a sharp downturn.

In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s surged to $6.4K in 2022. In general, exports, however, saw a precipitous curtailment.

Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Portugal (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United KingdomN/AN/A5.30%
AngolaN/AN/A1.10%
Netherlands12.4N/AN/A0%
OthersN/A0.4N/A0%
Total12.40.46.4-28.2%

Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Portugal in 2022:

  1. United Kingdom (806.0 kg)
  2. Angola (465.0 kg)
  3. Netherlands (7.0 kg)

Source: IndexBox Market Intelligence Platform

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