Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland (CIF) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland
  4. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland (CIF) - 2022

The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $8,225 per ton in 2022, dropping by -7.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $8,905 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 Sri Lanka ($12,331 per ton), while the price for the UK ($5,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $4,658 per ton, waning by -38.3% against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2020 an increase of 24% against the previous year. Over the period under review, the average export prices reached the maximum at $7,553 per ton in 2021, and then contracted sharply in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($5,450 per ton), while the average price for exports to Italy ($4,493 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 the Netherlands (-0.0%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland

In 2022, overseas purchases of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -13.4% to 257 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 67%. As a result, imports reached the peak of 444 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s fell rapidly to $2.1M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 78% against the previous year. As a result, imports reached the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark21.22167891,128276.1%
Sri LankaN/AN/A4274372.3%
Netherlands15.2254275260157.7%
FranceN/AN/AN/A1900%
United Kingdom9751,92210048.2-63.3%
Iceland7767611,0352.3-85.6%
Others25.376.519.050.125.6%
Total1,8133,2302,6452,1165.3%

Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Ireland in 2022:

  1. Denmark (144.2 tons)
  2. Netherlands (35.9 tons)
  3. Sri Lanka (35.5 tons)
  4. France (28.1 tons)
  5. United Kingdom (9.2 tons)
  6. Iceland (0.2 tons)

Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland

In 2022, shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -30.6% to 42 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 32,836% against the previous year.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s contracted notably to $197K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 40,680% against the previous year.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.8335333166492.0%
ItalyN/AN/A12029.8-75.2%
NetherlandsN/A9.46.40.2-85.4%
OthersN/A0.6N/A0.4-18.4%
Total0.8345460197526.8%

Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Ireland in 2022:

  1. United Kingdom (35.5 tons)
  2. Italy (6.6 tons)

Source: IndexBox Market Intelligence Platform

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