Frozen Eels Price in Estonia - 2023

Contents:

  1. Frozen Eels Price in Estonia (CIF) - 2022
  2. Frozen Eels Price in Estonia (FOB) - 2022
  3. Frozen Eels Imports in Estonia
  4. Frozen Eels Exports in Estonia

Frozen Eels Price in Estonia (CIF) - 2022

In 2022, the average frozen eels import price amounted to $12,243 per ton, with a decrease of -14.8% against the previous year. Overall, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum at $19,322 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($12,503 per ton), while the price for Sweden stood at $11,933 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+9.0%), while the prices for the other major suppliers experienced a decline.

Frozen Eels Price in Estonia (FOB) - 2022

The average frozen eels export price stood at $11,819 per ton in 2022, which is down by -25% against the previous year. Over the period under review, the export price, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2016 an increase of 29% against the previous year. The export price peaked at $21,897 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($18,172 per ton), while the average price for exports to Hungary amounted to $11,539 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Eels Imports in Estonia

In 2022, imports of frozen eels into Estonia soared to 2.4 tons, surging by 481% on the previous year's figure. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen eels imports skyrocketed to $29K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Eels in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A16.00%
SwedenN/A8.4N/A12.823.4%
NetherlandsN/AN/A5.8N/A0%
Others3.22.2N/AN/A-31.3%
Total3.210.65.828.8108.0%

Top Suppliers of Frozen Eels to Estonia in 2022:

  1. Lithuania (1.3 tons)
  2. Sweden (1.1 tons)

Frozen Eels Exports in Estonia

In 2022, the amount of frozen eels exported from Estonia surged to 689 kg, rising by 213% on 2021 figures. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen eels exports soared to $8.1K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Eels in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/AN/A7.60%
Latvia3.11.50.20.5-45.6%
GermanyN/AN/A3.3N/A0%
Romania1.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.41.53.58.122.6%

Top Export Markets for Frozen Eels from Estonia in 2022:

  1. Hungary (660.0 kg)
  2. Latvia (29.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish; frozen, eels (Anguilla spp.), excluding fillets, livers, roes, and other fish meat of heading 0304 - Estonia