Live Fish Price in Finland - 2023

Contents:

  1. Live Fish Price in Finland (FOB) - 2022
  2. Live Fish Price in Finland (CIF) - 2022
  3. Live Fish Exports in Finland
  4. Live Fish Imports in Finland

Live Fish Price in Finland (FOB) - 2022

In 2022, the average live fish export price amounted to $72,533 per ton, picking up by 10% against the previous year. Overall, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26% against the previous year. The export price peaked 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 Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +4.9% per year.

Live Fish Price in Finland (CIF) - 2022

The average live fish import price stood at $2,638 per ton in 2022, waning by -60.4% against the previous year. Overall, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2020 an increase of 99%. As a result, import price reached the peak level of $8,044 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($11,383 per ton), while the price for Estonia ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.3%), while the prices for the other major suppliers experienced a decline.

Live Fish Exports in Finland

In 2022, shipments abroad of live fish decreased by -68.2% to 9.2 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports attained the peak of 33 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, live fish exports shrank significantly to $668K in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 41%.

Export of Live Fish in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.21.71.90.7-16.4%
OthersN/AN/AN/AN/A0%
Total1.21.71.90.7-16.4%

Top Export Markets for Live Fish from Finland in 2022:

  1. Russia (9.2 tons)

Live Fish Imports in Finland

In 2022, overseas purchases of live fish were finally on the rise to reach 89 tons after two years of decline. Overall, imports, however, recorded a dramatic slump.

In value terms, live fish imports reduced to $234K in 2022. In general, imports, however, continue to indicate a precipitous shrinkage.

Import of Live Fish in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,799N/A129126-58.8%
Sweden20321.77.069.4-30.1%
EstoniaN/AN/AN/A12.70%
Netherlands79.822445.90.3-84.5%
Others93.811378.425.4-35.3%
Total2,176359260234-52.4%

Top Suppliers of Live Fish to Finland in 2022:

  1. Netherlands (undefined tons)
  2. Sweden (51.1 tons)
  3. Denmark (27.6 tons)
  4. Estonia (9.5 tons)

Source: IndexBox Market Intelligence Platform

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