Frozen Yellowfin Tuna Price in Lithuania - 2023

Contents:

1. Frozen Yellowfin Tuna Price in Lithuania (CIF) - 2022
2. Frozen Yellowfin Tuna Price in Lithuania (FOB) - 2022
3. Frozen Yellowfin Tuna Imports in Lithuania
4. Frozen Yellowfin Tuna Exports in Lithuania

Frozen Yellowfin Tuna Price in Lithuania (CIF) - 2022

In 2022, the average frozen yellowfin tuna import price amounted to $10,286 per ton, rising by 12% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 48%. The import price peaked at $14,723 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +3.4% per year.

Frozen Yellowfin Tuna Price in Lithuania (FOB) - 2022

In 2022, the average frozen yellowfin tuna export price amounted to $2,544 per ton, surging by 66% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices hit record highs at $6,805 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($11,251 per ton), while the average price for exports to Bulgaria ($673 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+26.2%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Yellowfin Tuna Imports in Lithuania

In 2022, supplies from abroad of frozen yellowfin tuna decreased by -86% to 664 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 439% against the previous year. As a result, imports attained the peak of 8.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, frozen yellowfin tuna imports reduced sharply to $6.8K in 2022. Overall, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 377%. As a result, imports attained the peak of $85K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Frozen Yellowfin Tuna to Lithuania in 2022:

1. Latvia (664.0 kg)

Frozen Yellowfin Tuna Exports in Lithuania

Frozen yellowfin tuna exports from Lithuania expanded slightly to 26 tons in 2022, increasing by 2.5% against the year before. Overall, exports, however, saw a mild slump.

In value terms, frozen yellowfin tuna exports surged to $65K in 2022. Over the period under review, exports, however, showed a abrupt setback.

Top Export Markets for Frozen Yellowfin Tuna from Lithuania in 2022:

1. Italy (18.0 tons)
2. Bulgaria (5.5 tons)
3. Latvia (1.0 tons)
4. Czech Republic (0.9 tons)

Source: IndexBox Market Intelligence Platform