Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece
  4. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece (CIF) - 2023

In November 2023, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $4,337 per ton, falling by -24.2% against the previous month. Overall, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in May 2023 an increase of 47% month-to-month. As a result, import price reached the peak level of $7,114 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($9,133 per ton), while the price for China ($4,055 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,479 per ton, picking up by 28% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by +89.1% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($7,951 per ton), while the average price for exports to Italy ($3,619 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 UK (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece

In 2022, the amount of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s imported into Greece shrank to 1.7K tons, falling by -1.8% compared with the previous year's figure. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s expanded significantly to $7.9M in 2022. Over the period under review, imports saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 20%.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.94.33.25.5-2.3%
Netherlands1.50.41.31.3-4.7%
Iceland0.20.40.50.426.0%
Germany0.70.50.40.4-17.0%
Others0.50.41.80.3-15.7%
Total8.76.07.27.9-3.2%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Greece in 2022:

  1. China (1262.8 tons)
  2. Netherlands (226.1 tons)
  3. Iceland (63.9 tons)
  4. Germany (63.2 tons)

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece

In 2022, after two years of decline, there was significant growth in overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, when their volume increased by 47% to 11 tons. In general, exports, however, faced a sharp curtailment.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s soared to $84K in 2022. Over the period under review, exports, however, recorded a abrupt descent.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus10.952.723.366.883.0%
Romania1.60.87.710.687.8%
United KingdomN/A1.44.53.660.4%
Germany10352.39.02.0-73.1%
ItalyN/AN/AN/A0.70%
South AfricaN/A11.4N/AN/A0%
NetherlandsN/A3.2N/AN/A0%
OthersN/A0.60.30.4-18.4%
Total11612244.784.1-10.2%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Greece in 2022:

  1. Cyprus (8.4 tons)
  2. Romania (1.8 tons)
  3. United Kingdom (0.5 tons)
  4. Germany (0.3 tons)
  5. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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