Spain Preserved Mackerel Import Value in February 2023
In February 2023, the preserved mackerel value amounted to $5,212 per ton (CIF, Spain), rising by 2.3% towards the earlier month. General, the import value, nonetheless, confirmed a comparatively flat development sample. The tempo of progress appeared probably the most speedy in August 2022 when the typical import value elevated by 12% towards the earlier month. Over the interval beneath evaluate, common import costs hit file highs at $5,780 per ton in March 2022; nonetheless, from April 2022 to February 2023, import costs remained at a decrease determine.
Costs various noticeably by the nation of origin: the nation with the very best value was Morocco ($7,610 per ton), whereas the worth for Ecuador ($804 per ton) was amongst the bottom.
From February 2022 to February 2023, probably the most notable price of progress by way of costs was attained by Cabo Verde (+0.7%), whereas the costs for the opposite main suppliers skilled combined development patterns.
Spain Preserved Mackerel Imports
After two months of progress, purchases overseas of mackerel (ready or preserved) decreased by -39% to 264 tons in February 2023. Over the interval beneath evaluate, imports, nonetheless, recorded a resilient enhance. Probably the most distinguished price of progress was recorded in Might 2022 when imports elevated by 267% month-to-month.
In worth phrases, preserved mackerel imports decreased sharply to $1.4M (IndexBox estimates) in February 2023. General, imports, nonetheless, recorded a buoyant enlargement. The expansion tempo was probably the most speedy in Might 2022 when imports elevated by 260% m-o-m. Consequently, imports attained the height of $2.9M. From June 2022 to February 2023, the expansion of imports remained at a considerably decrease determine.
Spain Preserved Mackerel Imports by Nation
Portugal (102 tons), Cabo Verde (81 tons) and China (47 tons) have been the principle suppliers of preserved mackerel imports to Spain, with a mixed 87% share of complete imports. These nations have been adopted by France, Germany, Morocco and Ecuador, which collectively accounted for an extra 12%.
From February 2022 to February 2023, the most important will increase have been in Germany (with a CAGR of +60.9%), whereas purchases for the opposite leaders skilled extra modest paces of progress.
In worth phrases, the most important preserved mackerel suppliers to Spain have been Cabo Verde ($603Ok), Portugal ($433Ok) and China ($140Ok), with a mixed 85% share of complete imports. France, Germany, Morocco and Ecuador lagged considerably behind, collectively accounting for an extra 14%.
By way of the principle suppliers, Germany, with a CAGR of +59.3%, recorded the very best charges of progress with regard to the worth of imports, over the interval beneath evaluate, whereas purchases for the opposite leaders skilled extra modest paces of progress.
Supply: IndexBox Market Intelligence Platform
