Live Fish Price in Ireland - 2023
Contents:
- Live Fish Price in Ireland (FOB) - 2022
- Live Fish Price in Ireland (CIF) - 2023
- Live Fish Exports in Ireland
- Live Fish Imports in Ireland
Live Fish Price in Ireland (FOB) - 2022
The average live fish export price stood at $26,107 per ton in 2022, almost unchanged from the previous year. In general, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 82% against the previous year. The export price peaked in 2022 and is likely to continue 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 the UK ($59,035 per ton), while the average price for exports to France stood at $24,406 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+20.2%).
Live Fish Price in Ireland (CIF) - 2023
The average live fish import price stood at $6,935 per ton in June 2023, reducing by -9.4% against the previous month. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in September 2022 an increase of 60% month-to-month. The import price peaked at $14,693 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Sri Lanka ($11,241 per ton), while the price for Germany ($1,949 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 the Netherlands (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Exports in Ireland
In 2022, the amount of live fish exported from Ireland expanded notably to 113 tons, picking up by 12% against the year before. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, live fish exports expanded remarkably to $2.9M in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 140%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Live Fish in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.0 | 1.0 | 2.1 | 2.6 | 9.1% |
| United Kingdom | N/A | N/A | 0.5 | 0.3 | -40.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 1.1 | 2.6 | 2.9 | 13.2% |
Top Export Markets for Live Fish from Ireland in 2022:
- France (107.4 tons)
- United Kingdom (5.5 tons)
Live Fish Imports in Ireland
In 2022, overseas purchases of live fish increased by 67% to 209 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp downturn.
In value terms, live fish imports surged to $2M in 2022. In general, imports, however, showed a significant curtailment.
| Import of Live Fish in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3,304 | 1,605 | 671 | 1,313 | -26.5% |
| Germany | 20.7 | 50.1 | 106 | 139 | 88.7% |
| Sri Lanka | N/A | 8.0 | 118 | 103 | 258.8% |
| Indonesia | 32.6 | 20.3 | 60.8 | 91.2 | 40.9% |
| Italy | 83.1 | 55.3 | 63.8 | 79.3 | -1.5% |
| Czech Republic | 0.4 | N/A | 60.5 | 50.0 | 400.0% |
| France | 86.4 | N/A | 38.0 | 30.7 | -29.2% |
| Poland | 122 | 52.7 | 43.7 | 5.1 | -65.3% |
| Others | 218 | 55.2 | 81.6 | 160 | -9.8% |
| Total | 3,867 | 1,847 | 1,244 | 1,972 | -20.1% |
Top Suppliers of Live Fish to Ireland in 2022:
- United Kingdom (97.0 tons)
- Germany (64.4 tons)
- Italy (9.5 tons)
- Sri Lanka (7.1 tons)
- France (6.2 tons)
- Indonesia (5.6 tons)
- Czech Republic (5.5 tons)
- Poland (0.7 tons)
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