Germany - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Herring Price in Germany - 2023
Contents:
- Preserved Herring Price in Germany (CIF) - 2023
- Preserved Herring Price in Germany (FOB) - 2023
- Preserved Herring Imports in Germany
- Preserved Herring Exports in Germany
Preserved Herring Price in Germany (CIF) - 2023
The average preserved herring import price stood at $3,858 per ton in June 2023, dropping by -5.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices attained the peak figure at $4,082 per ton in May 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($6,343 per ton), while the price for Latvia ($1,885 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Herring Price in Germany (FOB) - 2023
In June 2023, the average preserved herring export price amounted to $3,245 per ton, which is down by -26.4% against the previous month. Over the period under review, the export price recorded a mild slump. The most prominent rate of growth was recorded in January 2023 an increase of 21% against the previous month. As a result, the export price attained the peak level of $4,525 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($8,051 per ton), while the average price for exports to the Czech Republic ($1,605 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Herring Imports in Germany
In 2022, approx. 46K tons of herrings (prepared or preserved) were imported into Germany; picking up by 3% compared with the previous year. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of 48K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved herring imports rose remarkably to $160M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Preserved Herring in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 86.5 | 100 | 97.3 | 121 | 11.8% |
Lithuania | 12.0 | 14.5 | 14.4 | 12.1 | 0.3% |
Denmark | 13.7 | 12.9 | 13.3 | 9.4 | -11.8% |
Netherlands | 7.9 | 6.9 | 7.5 | 7.8 | -0.4% |
Sweden | 2.6 | 2.6 | 3.2 | 4.4 | 19.2% |
Norway | 0.1 | N/A | 0.8 | 2.8 | 203.7% |
Others | 2.0 | 2.8 | 3.0 | 3.0 | 14.5% |
Total | 125 | 140 | 140 | 160 | 8.6% |
Top Suppliers of Preserved Herring to Germany in 2022:
- Poland (35.4K tons)
- Denmark (3.0K tons)
- Lithuania (2.8K tons)
- Sweden (1.4K tons)
- Norway (1.2K tons)
- Netherlands (1.1K tons)
Preserved Herring Exports in Germany
In 2022, shipments abroad of herrings (prepared or preserved) decreased by -30.4% to 11K tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved herring exports dropped notably to $45M in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 7.3%. As a result, the exports reached the peak of $66M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Preserved Herring in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 10.7 | 11.1 | 10.1 | 9.5 | -3.9% |
United States | 7.3 | 10.3 | 7.7 | 7.2 | -0.5% |
Poland | 12.1 | 16.3 | 10.4 | 4.9 | -26.0% |
Lithuania | 1.1 | 1.4 | 2.9 | 3.4 | 45.7% |
Netherlands | 4.5 | 4.1 | 3.9 | 2.7 | -15.7% |
Czech Republic | 1.4 | 1.9 | 1.5 | 2.0 | 12.6% |
Romania | 2.7 | 2.0 | 2.3 | 1.9 | -11.1% |
Belgium | 2.7 | 2.7 | 3.8 | 1.3 | -21.6% |
France | 2.5 | 2.1 | 2.4 | 1.2 | -21.7% |
Switzerland | 1.3 | 1.4 | 1.2 | 1.2 | -2.6% |
Australia | 1.7 | 1.3 | 0.6 | 1.1 | -13.5% |
Slovakia | 1.2 | 1.3 | 1.2 | 1.0 | -5.9% |
Hungary | 1.3 | 1.2 | 1.4 | 1.0 | -8.4% |
Others | 11.2 | 9.2 | 8.0 | 6.0 | -18.8% |
Total | 61.8 | 66.3 | 57.4 | 44.6 | -10.3% |
Top Export Markets for Preserved Herring from Germany in 2022:
- Austria (1982.3 tons)
- Poland (1817.6 tons)
- Lithuania (1195.8 tons)
- United States (1042.2 tons)
- Netherlands (1007.1 tons)
- Czech Republic (718.5 tons)
- Romania (484.1 tons)
- Belgium (364.7 tons)
- France (292.6 tons)
- Hungary (272.2 tons)
- Slovakia (267.4 tons)
- Switzerland (251.1 tons)
- Australia (233.1 tons)
This report provides an in-depth analysis of the preserved herring market in Germany. 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 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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Preserved Herring imports experienced the highest growth rate in August 2022, with a significant increase of 30% compared to the previous month. The total value of preserved herring imports in July 2023 reached $12M.
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