Frozen Tilapias Price in Estonia - 2023
Contents:
- Frozen Tilapias Price in Estonia (FOB) - 2022
- Frozen Tilapias Price in Estonia (CIF) - 2022
- Frozen Tilapias Exports in Estonia
- Frozen Tilapias Imports in Estonia
Frozen Tilapias Price in Estonia (FOB) - 2022
In 2022, the average frozen tilapias export price amounted to $5,661 per ton, growing by 18% against the previous year. Overall, the export price posted a moderate increase. The growth pace was the most rapid in 2021 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +4.0% per year.
Frozen Tilapias Price in Estonia (CIF) - 2022
The average frozen tilapias import price stood at $2,967 per ton in 2022, shrinking by -26.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 39%. As a result, import price reached the peak level of $4,040 per ton, and then fell remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($4,233 per ton), while the price for Denmark ($866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapias Exports in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of frozen tilapias, when their volume decreased by -38.6% to 1 tons. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 963% against the previous year. As a result, the exports attained the peak of 1.7 tons, and then declined remarkably in the following year.
In value terms, frozen tilapias exports dropped notably to $5.8K in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,333% against the previous year. As a result, the exports attained the peak of $8K, and then declined markedly in the following year.
| Export of Frozen Tilapias in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 0.2 | 0.4 | 7.9 | 5.8 | 207.2% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 0.2 | 0.6 | 8.0 | 5.8 | 207.2% |
Top Export Markets for Frozen Tilapias from Estonia in 2022:
- Finland (1.0 tons)
Frozen Tilapias Imports in Estonia
In 2022, the amount of frozen tilapias imported into Estonia surged to 2.1 tons, rising by 927% compared with the previous year's figure. Overall, imports, however, showed a mild downturn.
In value terms, frozen tilapias imports soared to $6.1K in 2022. Over the period under review, imports continue to indicate a modest increase.
| Import of Frozen Tilapias in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.1 | 11.4 | 0.7 | 5.0 | 65.7% |
| Latvia | N/A | N/A | 0.1 | 0.9 | 800.0% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| United States | 4.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 11.4 | 0.8 | 6.1 | 1.1% |
Top Suppliers of Frozen Tilapias to Estonia in 2022:
- Netherlands (1622.0 kg)
- Denmark (216.0 kg)
- Latvia (215.0 kg)
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