Belgium - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Fillet Price in Belgium - 2023
Contents:
- Frozen Catfish Fillet Price in Belgium (CIF) - 2023
- Frozen Catfish Fillet Price in Belgium (FOB) - 2023
- Frozen Catfish Fillet Imports in Belgium
- Frozen Catfish Fillet Exports in Belgium
Frozen Catfish Fillet Price in Belgium (CIF) - 2023
In August 2023, the average frozen catfish fillet import price amounted to $3,845 per ton, with a decrease of -3.1% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 13% month-to-month. Over the period under review, average import prices attained the peak figure at $4,557 per ton in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($6,347 per ton), while the price for Vietnam amounted to $3,531 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%).
Frozen Catfish Fillet Price in Belgium (FOB) - 2023
The average frozen catfish fillet export price stood at $3,398 per ton in July 2023, dropping by -5.8% against the previous month. Overall, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in May 2023 an increase of 11% m-o-m. The export price peaked at $4,289 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Luxembourg ($4,795 per ton) and Germany ($3,749 per ton), while the average price for exports to France ($3,213 per ton) and the Netherlands ($3,299 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Catfish Fillet Imports in Belgium
In 2022, imports of frozen catfish fillets into Belgium surged to 5.7K tons, jumping by 42% on the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, frozen catfish fillet imports soared to $24M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish Fillet in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 11.1 | 12.8 | 9.1 | 20.1 | 21.9% |
| Netherlands | 0.8 | 2.0 | 2.3 | 3.1 | 57.1% |
| Germany | 0.3 | 0.2 | 1.6 | 0.4 | 10.1% |
| Others | 0.3 | 0.1 | 0.1 | 0.4 | 10.1% |
| Total | 12.6 | 15.1 | 13.1 | 24.1 | 24.1% |
Top Suppliers of Frozen Catfish Fillet to Belgium in 2022:
- Vietnam (4.9K tons)
- Netherlands (0.6K tons)
- Germany (0.1K tons)
Frozen Catfish Fillet Exports in Belgium
In 2022, frozen catfish fillet exports from Belgium skyrocketed to 2K tons, rising by 33% on the previous year's figure. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 142% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, frozen catfish fillet exports soared to $8.4M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Frozen Catfish Fillet in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 563 | 3,065 | 1,304 | 3,115 | 76.9% |
| France | 992 | 2,031 | 1,189 | 2,640 | 38.6% |
| Germany | 880 | 564 | 457 | 1,093 | 7.5% |
| United Kingdom | 0.3 | 6.6 | 1,621 | 347 | 949.7% |
| Luxembourg | 93.0 | 231 | 230 | 283 | 44.9% |
| Spain | 7.6 | 5.9 | N/A | 260 | 224.6% |
| Denmark | N/A | N/A | 76.6 | 224 | 192.4% |
| Austria | 152 | 30.0 | 21.7 | 135 | -3.9% |
| Others | 121 | 172 | 232 | 255 | 28.2% |
| Total | 2,809 | 6,105 | 5,130 | 8,353 | 43.8% |
Top Export Markets for Frozen Catfish Fillet from Belgium in 2022:
- France (680.9 tons)
- Netherlands (674.9 tons)
- Germany (249.8 tons)
- United Kingdom (74.8 tons)
- Luxembourg (65.9 tons)
- Spain (65.8 tons)
- Denmark (64.9 tons)
- Austria (30.4 tons)
This report provides an in-depth analysis of the frozen catfish fillets market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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