United Kingdom - Smoked Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Smoked Fish Other than Salmon and Herring in the UK - 2023
Contents:
- Price for Smoked Fish Other than Salmon and Herring in the UK (CIF) - 2022
- Price for Smoked Fish Other than Salmon and Herring in the UK (FOB) - 2023
- Imports of Smoked Fish Other than Salmon and Herring in the UK
- Exports of Smoked Fish Other than Salmon and Herring in the UK
Price for Smoked Fish Other than Salmon and Herring in the UK (CIF) - 2022
The average import price for smoked fish other than salmon and herring stood at $5,010 per ton in 2022, surging by 14% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for smoked fish other than salmon and herring increased by +101.9% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 49%. Over the period under review, average import prices attained the peak figure at $5,189 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Poland ($9,936 per ton), while the price for China ($4,235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Smoked Fish Other than Salmon and Herring in the UK (FOB) - 2023
The average export price for smoked fish other than salmon and herring stood at $5,658 per ton in November 2023, shrinking by -5.5% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 46% m-o-m. The export price peaked at $9,149 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saint Kitts and Nevis ($9,157 per ton), while the average price for exports to Saint Lucia ($2,370 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Smoked Fish Other than Salmon and Herring in the UK
Imports of smoked fish other than salmon and herring into the UK dropped sharply to 2.5K tons in 2022, falling by -18.9% against the year before. Overall, imports showed a sharp decrease. The smallest decline of -3% was in 2021.
In value terms, imports of smoked fish other than salmon and herring reduced to $13M in 2022. Over the period under review, imports recorded a sharp shrinkage. The smallest decline of -6.8% was in 2021.
Import of Smoked Fish Other than Salmon and Herring in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.0 | 10.9 | 8.9 | 8.3 | -2.7% |
Vietnam | 0.1 | N/A | 0.1 | 1.3 | 135.1% |
Lithuania | 0.6 | 0.7 | 0.7 | 0.7 | 5.3% |
Poland | 0.4 | 0.4 | 1.0 | 0.6 | 14.5% |
Netherlands | 9.8 | N/A | 0.3 | 0.4 | -65.6% |
Denmark | 4.3 | 2.0 | 1.7 | 0.3 | -58.8% |
Others | 0.9 | 0.8 | 1.1 | 1.1 | 6.9% |
Total | 25.0 | 14.8 | 13.8 | 12.7 | -20.2% |
Top Suppliers of Smoked Fish Other than Salmon and Herring to the UK in 2022:
- China (1971.7 tons)
- Vietnam (229.5 tons)
- Lithuania (108.7 tons)
- Poland (63.0 tons)
- Netherlands (57.7 tons)
- Denmark (37.4 tons)
Exports of Smoked Fish Other than Salmon and Herring in the UK
In 2022, the amount of smoked fish other than salmon and herring exported from the UK skyrocketed to 607 tons, with an increase of 61% on the year before. Overall, total exports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.5% against 2020 indices.
In value terms, exports of smoked fish other than salmon and herring contracted to $2.3M in 2022. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $5.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Smoked Fish Other than Salmon and Herring in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 2,611 | 3,266 | 1,592 | 1,008 | -27.2% |
Brazil | N/A | N/A | N/A | 244 | 0% |
Saint Kitts and Nevis | 159 | 147 | 174 | 190 | 6.1% |
Australia | 10.2 | N/A | 66.9 | 117 | 125.5% |
Antigua and Barbuda | 91.4 | 76.1 | 104 | 108 | 5.7% |
Dominica | 85.0 | 65.2 | 39.7 | 97.9 | 4.8% |
France | 662 | 364 | 235 | 95.1 | -47.6% |
Saint Vincent and the Grenadines | 16.8 | 26.0 | 23.2 | 90.6 | 75.4% |
Norway | N/A | 1,140 | N/A | N/A | 0% |
Others | 793 | 363 | 258 | 313 | -26.6% |
Total | 4,428 | 5,448 | 2,493 | 2,263 | -20.0% |
Top Export Markets for Smoked Fish Other than Salmon and Herring from the UK in 2022:
- Ireland (210.2 tons)
- Saint Kitts and Nevis (24.3 tons)
- Dominica (20.3 tons)
- Antigua and Barbuda (19.8 tons)
- Saint Vincent and the Grenadines (19.2 tons)
- Australia (17.5 tons)
- Brazil (10.6 tons)
- France (8.2 tons)
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring in the UK. 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 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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Explore the top countries by import value for smoked salmon in 2023. Discover key statistics and market insights from IndexBox.
Explore the top countries by import value for smoked salmon in 2023. Discover key statistics and market insights from IndexBox.