Live Fish Price in Denmark - 2023

Contents:

  1. Live Fish Price in Denmark (FOB) - 2023
  2. Live Fish Price in Denmark (CIF) - 2022
  3. Live Fish Exports in Denmark
  4. Live Fish Imports in Denmark

Live Fish Price in Denmark (FOB) - 2023

The average live fish export price stood at $6,220 per ton in June 2023, almost unchanged from the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 11% month-to-month. The export price peaked at $6,265 per ton in May 2023, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($9,594 per ton), while the average price for exports to Germany ($5,874 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 the Netherlands (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Price in Denmark (CIF) - 2022

The average live fish import price stood at $12,100 per ton in 2022, dropping by -23.2% against the previous year. Overall, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 56% against the previous year. As a result, import price reached the peak level of $19,671 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($15,704 per ton), while the price for Canada ($8,317 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+0.7%), while the prices for the other major suppliers experienced a decline.

Live Fish Exports in Denmark

In 2022, shipments abroad of live fish decreased by -29.6% to 6.6K tons, falling for the second consecutive year after two years of growth. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 9.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, live fish exports declined remarkably to $39M in 2022. Overall, exports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 8.2% against the previous year.

Export of Live Fish in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.824.424.924.51.0%
Poland6.48.16.54.8-9.1%
Netherlands0.91.84.62.132.6%
Italy1.61.93.61.84.0%
Austria1.52.43.71.86.3%
Finland3.72.82.41.4-27.7%
Others3.83.72.82.2-16.7%
Total41.745.148.438.6-2.5%

Top Export Markets for Live Fish from Denmark in 2022:

  1. Germany (4499.6 tons)
  2. Poland (937.5 tons)
  3. Austria (306.5 tons)
  4. Netherlands (259.7 tons)
  5. Finland (207.7 tons)
  6. Italy (184.7 tons)

Live Fish Imports in Denmark

Live fish imports into Denmark soared to 405 tons in 2022, jumping by 50% against the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +66.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, live fish imports skyrocketed to $4.9M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Live Fish in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,5111,4811,5051,198-7.4%
Czech Republic4006678561,09439.8%
Sweden651998297634-0.9%
Poland8.313.8672613319.6%
Spain12.29.09.3485241.3%
Germany807N/A0.5111-48.4%
Canada24.7N/AN/A58.933.6%
Others985917908711-10.3%
Total4,3984,0854,2474,9053.7%

Top Suppliers of Live Fish to Denmark in 2022:

  1. Netherlands (115.1 tons)
  2. Czech Republic (105.7 tons)
  3. Sweden (64.6 tons)
  4. Poland (39.0 tons)
  5. Spain (39.0 tons)
  6. Germany (8.9 tons)
  7. Canada (7.1 tons)

Source: IndexBox Market Intelligence Platform

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