Frozen Catfish Fillet Price in Serbia - 2023
Contents:
- Frozen Catfish Fillet Price in Serbia (CIF) - 2022
- Frozen Catfish Fillet Price in Serbia (FOB) - 2022
- Frozen Catfish Fillet Imports in Serbia
- Frozen Catfish Fillet Exports in Serbia
Frozen Catfish Fillet Price in Serbia (CIF) - 2022
In 2022, the average frozen catfish fillet import price amounted to $2,604 per ton, rising by 51% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen catfish fillet import price increased by +93.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2,609 per ton), while the price for Denmark totaled $2,280 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.8%).
Frozen Catfish Fillet Price in Serbia (FOB) - 2022
The average frozen catfish fillet export price stood at $2,550 per ton in 2022, declining by -34.9% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average export price increased by 47%. Over the period under review, the average export prices reached the maximum at $3,921 per ton in 2021, and then fell significantly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($2,672 per ton), while the average price for exports to Montenegro stood at $2,475 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Fillet Imports in Serbia
After two years of decline, overseas purchases of frozen catfish fillets increased by 39% to 1.4K tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback.
In value terms, frozen catfish fillet imports soared to $3.6M in 2022. In general, imports continue to indicate a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish Fillet in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.0 | 1.6 | 1.3 | 3.6 | 6.3% |
| Denmark | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | 0.4 | N/A | 100.0% |
| Total | 3.2 | 1.8 | 1.7 | 3.6 | 4.0% |
Top Suppliers of Frozen Catfish Fillet to Serbia in 2022:
- Vietnam (1364.3 tons)
- Denmark (23.0 tons)
Frozen Catfish Fillet Exports in Serbia
In 2022, shipments abroad of frozen catfish fillets was finally on the rise to reach 1.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a sharp shrinkage.
In value terms, frozen catfish fillet exports skyrocketed to $4.3K in 2022. In general, exports, however, showed a deep downturn.
| Export of Frozen Catfish Fillet in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 5.1 | 2.4 | 0.6 | 2.6 | -20.1% |
| North Macedonia | 2.9 | 1.5 | 0.4 | 1.7 | -16.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 3.9 | 0.9 | 4.3 | -18.4% |
Top Export Markets for Frozen Catfish Fillet from Serbia in 2022:
- Montenegro (1032.0 kg)
- North Macedonia (638.0 kg)
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