Norway - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Fillet Price in Norway - 2023
Contents:
- Frozen Catfish Fillet Price in Norway (CIF) - 2023
- Frozen Catfish Fillet Price in Norway (FOB) - 2022
- Frozen Catfish Fillet Imports in Norway
- Frozen Catfish Fillet Exports in Norway
Frozen Catfish Fillet Price in Norway (CIF) - 2023
The average frozen catfish fillet import price stood at $3,166 per ton in September 2023, waning by -40.3% against the previous month. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 106% against the previous month. As a result, import price attained the peak level of $7,482 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From September 2022 to September 2023, the rate of growth in terms of prices for Denmark amounted to 0.0% per month.
Frozen Catfish Fillet Price in Norway (FOB) - 2022
In 2022, the average frozen catfish fillet export price amounted to $5,177 per ton, falling by -21.7% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2019 an increase of 168%. Over the period under review, the average export prices reached the maximum at $13,003 per ton in 2013; however, from 2014 to 2022, the 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 Germany ($9,903 per ton), while the average price for exports to Poland stood at $5,030 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+62.7%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Catfish Fillet Imports in Norway
Frozen catfish fillet imports into Norway stood at 98 tons in 2022, surging by 4.8% on the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, frozen catfish fillet imports surged to $421K in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish Fillet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 194 | 168 | 168 | 393 | 26.5% |
| Denmark | 173 | 154 | 147 | 11.2 | -59.8% |
| Iceland | 4.7 | 2.9 | 1.1 | 8.5 | 21.8% |
| China | 0.3 | 0.3 | 0.2 | 7.1 | 187.1% |
| Others | 5.1 | 3.1 | 27.1 | 1.6 | -32.1% |
| Total | 377 | 328 | 343 | 421 | 3.7% |
Top Suppliers of Frozen Catfish Fillet to Norway in 2022:
- Vietnam (90.9 tons)
- Iceland (2.4 tons)
- Denmark (2.2 tons)
- China (2.0 tons)
Frozen Catfish Fillet Exports in Norway
In 2022, the amount of frozen catfish fillets exported from Norway fell slightly to 16 tons, declining by -3.5% on the year before. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year.
In value terms, frozen catfish fillet exports contracted dramatically to $84K in 2022. In general, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, the exports attained the peak of $111K, and then declined significantly in the following year.
| Export of Frozen Catfish Fillet in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 78.8 | 0% |
| Germany | 54.3 | 56.7 | 2.6 | 4.8 | -55.5% |
| Zambia | N/A | N/A | 15.7 | N/A | 0% |
| Austria | 10.2 | N/A | N/A | N/A | 0% |
| Philippines | 7.4 | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 89.9 | N/A | 0% |
| Others | 2.5 | N/A | 2.3 | N/A | -4.1% |
| Total | 74.4 | 56.7 | 111 | 83.6 | 4.0% |
Top Export Markets for Frozen Catfish Fillet from Norway in 2022:
- Poland (15.7 tons)
- Germany (0.5 tons)
This report provides an in-depth analysis of the frozen catfish fillets market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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