Frozen Eels Price in Latvia - 2023
Contents:
- Frozen Eels Price in Latvia (CIF) - 2022
- Frozen Eels Price in Latvia (FOB) - 2022
- Frozen Eels Imports in Latvia
- Frozen Eels Exports in Latvia
Frozen Eels Price in Latvia (CIF) - 2022
The average frozen eels import price stood at $14,020 per ton in 2022, which is down by -12.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2016 an increase of 27% against the previous year. Over the period under review, average import prices attained the peak figure at $20,855 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +15.5% per year.
Frozen Eels Price in Latvia (FOB) - 2022
In 2020, the average frozen eels export price amounted to $15,213 per ton, falling by -6.9% against the previous year. Over the period under review, the export price showed a perceptible setback. The pace of growth appeared the most rapid in 2016 an increase of 25%. Over the period under review, the average export prices hit record highs at $23,997 per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2020, the rate of growth in terms of prices for Estonia amounted to +22.3% per year.
Frozen Eels Imports in Latvia
For the third consecutive year, Latvia recorded decline in supplies from abroad of frozen eels, which decreased by -81.6% to 100 kg in 2022. Overall, imports showed a dramatic downturn. The smallest decline of -25.5% was in 2021.
In value terms, frozen eels imports shrank notably to $1.4K in 2022. In general, imports showed a sharp shrinkage. The smallest decline of -22.4% was in 2021.
Import of Frozen Eels in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | N/A | N/A | 0.9 | 1.4 | 55.6% |
Spain | N/A | N/A | 7.8 | N/A | 0% |
Poland | 9.7 | 8.7 | N/A | N/A | -10.3% |
Estonia | 38.6 | 2.5 | N/A | N/A | -93.5% |
Netherlands | 1.3 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 49.6 | 11.2 | 8.7 | 1.4 | -69.6% |
Top Suppliers of Frozen Eels to Latvia in 2022:
- Lithuania (100.0 kg)
Frozen Eels Exports in Latvia
In 2020, approx. 400 kg of frozen eels were exported from Latvia; shrinking by -40.7% on the previous year's figure. Overall, exports showed a dramatic shrinkage.
In value terms, frozen eels exports contracted significantly to $6.1K in 2020. In general, exports recorded a dramatic shrinkage.
Export of Frozen Eels in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Lithuania | 11.0 | 6.1 | -44.5% | ||
Others | N/A | N/A | 0% | ||
Total | 11.0 | 6.1 | -44.5% |
Top Export Markets for Frozen Eels from Latvia in 2022:
- Lithuania (400.0 kg)
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