Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine (CIF) - 2023
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine (CIF) - 2023
In October 2023, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,415 per ton, with an increase of 5.9% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in June 2023 an increase of 42% against the previous month. As a result, import price reached the peak level of $5,270 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Argentina ($4,440 per ton), while the price for China amounted to $3,096 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Argentina (+2.5%).
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,271 per ton, surging by 17% against the previous year. Over the period from 2014 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. As a result, the export price reached the peak level of $5,020 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4,883 per ton), while the average price for exports to Azerbaijan ($2,333 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+9.7%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine
In 2022, after three years of growth, there was significant decline in purchases abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, when their volume decreased by -11.1% to 1.7K tons. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 1.9K tons, and then dropped in the following year.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s rose remarkably to $5.9M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 18%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 4.2 | 4.1 | 4.8 | 5.5 | 9.4% |
China | 0.4 | 0.4 | 0.4 | 0.2 | -20.6% |
Spain | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 4.7 | 4.7 | 5.5 | 5.9 | 7.9% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Ukraine in 2022:
- Argentina (1539.3 tons)
- China (55.0 tons)
- Spain (44.7 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from Ukraine soared to 30 tons, rising by 43% compared with the previous year. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $126K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 84%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | N/A | N/A | N/A | 92.6 | 0% |
Germany | 25.6 | 22.1 | 52.2 | 21.1 | -6.2% |
Singapore | 0.3 | N/A | N/A | 5.2 | 158.8% |
Azerbaijan | N/A | N/A | N/A | 5.0 | 0% |
Estonia | N/A | 7.0 | 19.7 | N/A | 181.4% |
Israel | N/A | 9.0 | N/A | N/A | 0% |
Others | 1.2 | 3.0 | 3.8 | 2.3 | 24.2% |
Total | 27.1 | 41.0 | 75.6 | 126 | 66.9% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Ukraine in 2022:
- Czech Republic (19.6 tons)
- Germany (6.2 tons)
- Azerbaijan (2.2 tons)
- Singapore (1.1 tons)
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