Luxembourg - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Price in Luxembourg - 2023
Contents:
- Frozen Fish Meat Price in Luxembourg (CIF) - 2022
- Frozen Fish Meat Price in Luxembourg (FOB) - 2022
- Frozen Fish Meat Imports in Luxembourg
- Frozen Fish Meat Exports in Luxembourg
Frozen Fish Meat Price in Luxembourg (CIF) - 2022
The average frozen fish meat import price stood at $8,417 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 25%. The import price peaked at $9,272 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($10,187 per ton), while the price for Germany ($5,190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Meat Price in Luxembourg (FOB) - 2022
The average frozen fish meat export price stood at $8,611 per ton in 2022, declining by -10.4% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 an increase of 63% against the previous year. The export price peaked at $30,593 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($12,102 per ton), while the average price for exports to Azerbaijan ($5,735 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-7.7%), while the prices for the other major destinations experienced a decline.
Frozen Fish Meat Imports in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in purchases abroad of frozen fish meat, which increased by 4.7% to 45 tons in 2022. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, frozen fish meat imports expanded modestly to $376K in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Frozen Fish Meat in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 43.9 | 157 | 197 | 200 | 65.8% |
| France | 94.1 | 79.0 | 70.3 | 91.7 | -0.9% |
| Portugal | 46.5 | 48.9 | 52.4 | 58.5 | 8.0% |
| Germany | 3.4 | 32.0 | 35.6 | 25.7 | 96.3% |
| Thailand | 20.4 | N/A | N/A | N/A | 0% |
| India | 19.6 | N/A | N/A | N/A | 0% |
| Others | 79.0 | 0.9 | 8.9 | N/A | -66.4% |
| Total | 307 | 318 | 364 | 376 | 7.0% |
Top Suppliers of Frozen Fish Meat to Luxembourg in 2022:
- Belgium (23.4 tons)
- France (9.0 tons)
- Portugal (7.3 tons)
- Germany (4.9 tons)
Frozen Fish Meat Exports in Luxembourg
After three years of growth, overseas shipments of frozen fish meat decreased by -24.3% to 2.5 tons in 2022. Over the period under review, exports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. As a result, the exports reached the peak of 3.3 tons, and then plummeted in the following year.
In value terms, frozen fish meat exports reduced notably to $21K in 2022. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. As a result, the exports reached the peak of $32K, and then contracted remarkably in the following year.
| Export of Frozen Fish Meat in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.9 | 6.4 | 6.4 | 6.5 | -9.9% |
| Belgium | 10.1 | 5.3 | 4.7 | 5.3 | -19.3% |
| Germany | 6.9 | 3.9 | 4.4 | 4.3 | -14.6% |
| United Kingdom | N/A | N/A | 14.8 | 3.9 | -73.6% |
| Azerbaijan | 0.3 | 1.8 | 1.3 | 1.4 | 67.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 26.2 | 17.3 | 31.6 | 21.4 | -6.5% |
Top Export Markets for Frozen Fish Meat from Luxembourg in 2022:
- France (728.0 kg)
- Belgium (624.0 kg)
- Germany (569.0 kg)
- United Kingdom (324.0 kg)
- Azerbaijan (245.0 kg)
This report provides an in-depth analysis of the frozen fish meat market in Luxembourg. 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 2030.
Product coverage:
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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
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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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