Sri Lanka - Fresh Or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Fish Fillet Price in Sri Lanka - 2021
Contents:
- Fresh Fish Fillet Price in Sri Lanka (FOB) - 2022
- Fresh Fish Fillet Price in Sri Lanka (CIF) - 2022
- Fresh Fish Fillet Exports in Sri Lanka
- Fresh Fish Fillet Imports in Sri Lanka
Fresh Fish Fillet Price in Sri Lanka (FOB) - 2022
In 2022, the average fresh fish fillet export price amounted to $16,210 per ton, surging by 12% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($26,035 per ton), while the average price for exports to the UK ($11,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Fish Fillet Price in Sri Lanka (CIF) - 2022
In 2022, the average fresh fish fillet import price amounted to $1,334 per ton, declining by -41.1% against the previous year. In general, the import price showed a deep contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs at $4,741 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Maldives ($6,077 per ton), while the price for Yemen ($1,217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1,236.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Fish Fillet Exports in Sri Lanka
In 2022, approx. 3K tons of fresh or chilled fish fillets were exported from Sri Lanka; shrinking by -22.6% against 2021 figures. In general, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, the exports reached the peak of 3.8K tons, and then reduced rapidly in the following year.
In value terms, fresh fish fillet exports declined to $48M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of $55M, and then declined in the following year.
Export of Fresh Fish Fillet in Sri Lanka (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 10.6 | 11.1 | 3.5 | 11.5 | 2.8% |
Italy | 10.5 | 8.8 | 4.4 | 10.1 | -1.3% |
Germany | 2.6 | 6.2 | 3.6 | 10.1 | 57.2% |
Netherlands | 5.2 | 3.2 | 1.8 | 7.4 | 12.5% |
United States | 3.1 | 0.9 | 0.1 | 2.3 | -9.5% |
Belgium | 1.4 | 1.9 | 0.9 | 1.9 | 10.7% |
United Kingdom | 3.1 | 1.6 | 0.7 | 1.7 | -18.1% |
Canada | 1.4 | 1.5 | 1.2 | 1.5 | 2.3% |
Poland | 1.5 | 1.6 | 0.7 | 0.5 | -30.7% |
Others | 3.7 | 3.8 | 38.5 | 1.1 | -33.3% |
Total | 43.0 | 40.6 | 55.4 | 47.9 | 3.7% |
Top Export Markets for Fresh Fish Fillet from Sri Lanka in 2022:
- France (808.0 tons)
- Italy (704.4 tons)
- Germany (642.9 tons)
- Netherlands (283.2 tons)
- United Kingdom (141.4 tons)
- United States (118.7 tons)
- Belgium (73.4 tons)
- Canada (63.6 tons)
- Poland (28.3 tons)
Fresh Fish Fillet Imports in Sri Lanka
In 2022, the amount of fresh or chilled fish fillets imported into Sri Lanka declined notably to 21 tons, dropping by -55.9% against the year before. In general, imports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 123% against the previous year.
In value terms, fresh fish fillet imports fell rapidly to $28K in 2022. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 48%.
Import of Fresh Fish Fillet in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | N/A | N/A | N/A | 21.3 | 0% |
Vietnam | 64.3 | 37.5 | 31.1 | 6.5 | -53.4% |
Denmark | 44.0 | 9.9 | 14.9 | N/A | -41.8% |
China | 12.9 | N/A | 30.8 | N/A | 54.5% |
India | 21.3 | 1.2 | 11.2 | N/A | -27.5% |
Oman | 30.0 | N/A | N/A | N/A | 0% |
Singapore | 9.0 | 10.5 | 2.3 | N/A | -49.4% |
Others | 34.6 | 14.0 | 17.6 | 0.2 | -82.1% |
Total | 216 | 73.1 | 108 | 28.1 | -49.3% |
Top Suppliers of Fresh Fish Fillet to Sri Lanka in 2022:
- Yemen (17.5 tons)
- Vietnam (3.5 tons)
This report provides an in-depth analysis of the fresh fish fillet market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201100 - Fresh or chilled fish fillets and other fish meat without bones
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
In value terms, prepared and preserved fish exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern i...
Explore the top import markets for fish fillets and other fish meat in the world. Find out which countries lead in seafood imports and drive the global market.