Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia
  4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $4,619 per ton, reducing by -3.7% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37% against the previous year. The import price peaked at $7,572 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,525 per ton), while the price for Lithuania ($2,205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,155 per ton in 2022, shrinking by -30.6% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2021 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the maximum at $10,241 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($7,928 per ton), while the average price for exports to Finland stood at $5,641 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+25.9%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia

In 2022, overseas purchases of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -9.6% to 23 tons, falling for the second consecutive year after two years of growth. In general, imports showed a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of 51%. As a result, imports attained the peak of 37 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s contracted to $107K in 2022. Overall, imports continue to indicate a deep downturn. The smallest decline of -4.8% was in 2021.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands35.330.749.135.80.5%
Indonesia57.240.243.320.9-28.5%
China14.042.05.316.65.8%
LithuaniaN/AN/AN/A14.10%
GermanyN/A1.83.510.8144.9%
Poland1.65.33.45.853.6%
CanadaN/AN/AN/A1.40%
Russia74.6N/AN/AN/A0%
Others2.39.018.21.5-13.3%
Total185129123107-16.7%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Estonia in 2022:

  1. Netherlands (7.5 tons)
  2. Lithuania (6.4 tons)
  3. Indonesia (3.3 tons)
  4. China (2.5 tons)
  5. Germany (1.7 tons)
  6. Poland (1.1 tons)
  7. Canada (0.4 tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia

After two years of decline, overseas shipments of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s increased by 43% to 3.3 tons in 2022. In general, exports, however, continue to indicate a abrupt downturn.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s contracted slightly to $20K in 2022. Over the period under review, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland6.98.96.77.94.6%
Latvia25.57.03.95.6-39.7%
RussiaN/AN/A7.2N/A0%
NetherlandsN/A1.6N/AN/A0%
OthersN/AN/A2.56.8172.0%
Total32.417.520.420.3-14.4%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Estonia in 2022:

  1. Finland (1.4 tons)
  2. Latvia (0.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) - Estonia