uk seafood imports report

 A report publish by Seafish shows Seafood imports into the UK from EU Countries Increase in 2019

Statistics have shown that in 2019, seafood imports into the UK from EU countries increased volume and value, whilst the average price decreased.

Seafood trade between the two blocs in 2019 was estimated at  £2,548m up 7.7% with 604,000 tonnes (+6%) passing over the water with an average price of £4.22 per kilo.

Imports increased £1,205 million in 2019 which was a 10.5% rise on the previous year. Although 271,000 tonnes (+18.7%) the average price of the imported fish dropped -6.9% ot £4.45 per kg on the market.

Exports to the EU from the UK earned £1,343m (+5.4%). This was a decrease on 2018 of -2.5% or 333,000 tonnes but UK fish producers increased the value of their seafood by +8.1% or £4.03 per kilogram.

The EU countries that import the largest value of seafood into the UK are Germany, Sweden and Denmark and a lot of the same imports come indirectly from Norway.

Germany increased its share of imported seafood by 15.5% (56,700) tonnes earning +28.2% (from £186.9m in 2018 to 239.6m in 2019) on income and see the price of their seafood increase 11% (£4.22).

Sweden increased their share of imports into the UK bfrom £201.1m in 2018 to £232.9m in 2019 (+15.8%) increasig their import volume by 20.6% or 20,600 tonnes but see ing the value of their seafood decrease -4.0% (4.87 per kilo).

Denmark dropped from first position in 2018 to be replaced by Germany in 2019. Danish imports into the UK fell 8.7% from £207.8m in 2018 to £189.7m last year. That was driven by a decrease of -8.4% in tonnage imported into the UK and a slight drop of -0.4% in seafood prices.

The species with the greatest import value from the EU are salmon, tuna, and cod.

In 2019 the UK imported £365.5m worth of salmon, mainly from Sweden. That was an increase of 11.4% on 2018. The tonnage increase was 17.8% (56,900 tonnes) but prices for the product dropped -5.4%.

Tuna imports increased signifcantly by 84.6% from 15,100 tonnes in 2018 to 28,000 tonnes in 2019. The value of the imports rose to £124.3m (£62.8m) but saw a dip in prices received of -11.8%.

Cod saw a drop in imports tonnage of -9.5% dropping from 22,400 tonnes in 2018 to 20,300 tonnes last year but the overall value increased to £115.5m with prices increasing 19.8% from 2018.

Over 20% of import value and volume from the EU, is salmon from Sweden.

Seafood exports from the UK to EU countries volume decreased, whilst value increased due to a higher price per kilo. 

France, Spain, and the Ireland remained the EU countries that receive the largest value of seafood exports  

The species with the greatest export value are salmon, nephrops and scallops. 

Over 25% of export value to the EU, is salmon to France.

France imported £556.4m (13.9%) worth of fish from the UK in 2019. That was 93,700 tonnes (up 19.7%) but prices dropped -4.8%.

Spain continued as the second largest importer of UK seafood with £194.6m (down -2.0%. This was mostly due to a decrease in seafood imported, down -11.9% whereas the price increased 11.2% to £5.23 per kilo on average.

Ireland stayed in third place with £167.7m with of UK imports down 2.1%. This was the result of a decrease in imports of -1.6% and a slight dcrease in the average price paid of -0.6%.

For more information visit Seafish. Click here

Brian J McMullin Solicitors
MMG Welding Killybegs

Report shows Seafood imports into the UK from EU Countries Increase in 2019

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