Spain - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Herring Price in Spain - 2023
Contents:
- Preserved Herring Price in Spain (CIF) - 2023
- Preserved Herring Price in Spain (FOB) - 2022
- Preserved Herring Imports in Spain
- Preserved Herring Exports in Spain
Preserved Herring Price in Spain (CIF) - 2023
The average preserved herring import price stood at $4,379 per ton in June 2023, surging by 7.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 23% against the previous month. The import price peaked at $4,873 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($6,860 per ton), while the price for Poland ($1,002 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 France (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Herring Price in Spain (FOB) - 2022
In 2022, the average preserved herring export price amounted to $11,495 per ton, picking up by 11% against the previous year. In general, the export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($19,010 per ton), while the average price for exports to the Netherlands ($3,886 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 Italy (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Herring Imports in Spain
In 2022, approx. 773 tons of herrings (prepared or preserved) were imported into Spain; rising by 39% compared with the previous year's figure. Overall, imports, however, recorded a abrupt decrease.
In value terms, preserved herring imports soared to $3.4M in 2022. Over the period under review, imports, however, saw a abrupt contraction.
| Import of Preserved Herring in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,035 | 890 | 558 | 1,343 | 9.1% |
| Sweden | 495 | 510 | 653 | 1,030 | 27.7% |
| France | 67.9 | 334 | 300 | 292 | 62.6% |
| Netherlands | 416 | 508 | 126 | 227 | -18.3% |
| Romania | 44.1 | 84.0 | 112 | 119 | 39.2% |
| Denmark | 359 | 65.3 | 45.2 | 78.1 | -39.9% |
| Lithuania | 26.9 | 37.3 | 92.3 | 56.7 | 28.2% |
| Poland | 77.4 | 44.3 | 40.7 | 48.9 | -14.2% |
| Latvia | 317 | 7.7 | 1.1 | 0.7 | -87.0% |
| Greece | 1,055 | 1,071 | 491 | N/A | -31.8% |
| Others | 298 | 321 | 82.3 | 155 | -19.6% |
| Total | 4,191 | 3,872 | 2,501 | 3,350 | -7.2% |
Top Suppliers of Preserved Herring to Spain in 2022:
- Germany (305.3 tons)
- Romania (113.4 tons)
- Sweden (113.1 tons)
- France (78.7 tons)
- Netherlands (39.9 tons)
- Lithuania (36.6 tons)
- Poland (36.0 tons)
- Denmark (16.7 tons)
- Latvia (0.1 tons)
Preserved Herring Exports in Spain
After two years of decline, shipments abroad of herrings (prepared or preserved) increased by 9.9% to 133 tons in 2022. Overall, exports, however, continue to indicate a deep setback.
In value terms, preserved herring exports soared to $1.5M in 2022. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved Herring in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 685 | 378 | 465 | 504 | -9.7% |
| France | 149 | 236 | 307 | 359 | 34.1% |
| Croatia | 149 | 56.3 | 141 | 182 | 6.9% |
| Portugal | 346 | 296 | 56.7 | 124 | -29.0% |
| United Kingdom | 18.3 | 30.3 | 72.2 | 111 | 82.4% |
| Netherlands | 13.3 | 54.2 | 56.3 | 54.6 | 60.1% |
| Lithuania | N/A | 1.0 | 5.8 | 15.0 | 287.3% |
| Albania | 28.7 | N/A | N/A | N/A | 0% |
| Czech Republic | 26.6 | 14.4 | 10.6 | N/A | -36.9% |
| Others | 105 | 201 | 140 | 177 | 19.0% |
| Total | 1,521 | 1,268 | 1,254 | 1,526 | 0.1% |
Top Export Markets for Preserved Herring from Spain in 2022:
- Italy (28.1 tons)
- France (18.9 tons)
- Portugal (18.6 tons)
- Croatia (17.1 tons)
- Netherlands (14.1 tons)
- United Kingdom (13.1 tons)
- Lithuania (2.8 tons)
This report provides an in-depth analysis of the preserved herring market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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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