Frozen Tilapia Fillets Price in Estonia - 2023
Contents:
- Frozen Tilapia Fillets Price in Estonia (CIF) - 2022
- Frozen Tilapia Fillets Price in Estonia (FOB) - 2022
- Frozen Tilapia Fillets Imports in Estonia
- Frozen Tilapia Fillets Exports in Estonia
Frozen Tilapia Fillets Price in Estonia (CIF) - 2022
The average frozen tilapia fillets import price stood at $4,037 per ton in 2022, increasing by 7.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 15%. The import price peaked at $4,475 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Belgium ($4,970 per ton), while the price for the Netherlands ($3,223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Tilapia Fillets Price in Estonia (FOB) - 2022
The average frozen tilapia fillets export price stood at $6,927 per ton in 2022, dropping by -23.3% against the previous year. In general, the export price, however, saw noticeable growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 125% against the previous year. The export price peaked at $12,243 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($13,400 per ton), while the average price for exports to Finland amounted to $6,574 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapia Fillets Imports in Estonia
In 2022, frozen tilapia fillets imports into Estonia expanded significantly to 65 tons, with an increase of 7% on 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, frozen tilapia fillets imports skyrocketed to $261K in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Frozen Tilapia Fillets in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 48.7 | 59.8 | 157 | 163 | 49.6% |
| Lithuania | 1.9 | 29.8 | 42.1 | 39.7 | 175.4% |
| China | 92.7 | N/A | N/A | 28.4 | -32.6% |
| Netherlands | 4.0 | 23.5 | 13.1 | 18.0 | 65.1% |
| Belgium | 1.0 | 0.9 | 10.9 | 7.8 | 98.3% |
| Vietnam | 9.8 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 7.6 | 2.9 | 4.2 | -0.8% |
| Total | 162 | 122 | 226 | 261 | 17.2% |
Top Suppliers of Frozen Tilapia Fillets to Estonia in 2022:
- Poland (40.2 tons)
- Lithuania (8.8 tons)
- China (7.7 tons)
- Netherlands (5.6 tons)
- Belgium (1.6 tons)
Frozen Tilapia Fillets Exports in Estonia
In 2022, exports of frozen tilapia fillets from Estonia skyrocketed to 193 kg, rising by 543% against the previous year. In general, exports, however, showed a sharp decline.
In value terms, frozen tilapia fillets exports skyrocketed to $1.3K in 2022. Overall, exports, however, recorded a precipitous contraction.
| Export of Frozen Tilapia Fillets in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 0.1 | 3.5 | N/A | 1.2 | 128.9% |
| Latvia | 4.8 | 0.9 | 0.2 | 0.1 | -72.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 4.4 | 0.3 | 1.3 | -35.7% |
Top Export Markets for Frozen Tilapia Fillets from Estonia in 2022:
- Finland (183.0 kg)
- Latvia (10.0 kg)
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