Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania - 2023

Contents:

1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania (FOB) - 2023
2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania (CIF) - 2022
3. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania
4. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania (FOB) - 2023

In November 2023, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $2,283 per ton, growing by 37% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $3,758 per ton in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the UK ($3,773 per ton), while the average price for exports to Latvia ($2,054 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania (CIF) - 2022

In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $1,252 per ton, remaining relatively unchanged against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 943% against the previous year. As a result, import price reached the peak level of $3,667 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Latvia ($2,263 per ton), while the price for Norway stood at $1,184 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+20.4%), while the prices for the other major suppliers experienced a decline.

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania

In 2022, approx. 511 tons of fish; edible offal, other than shark fins, fish heads, tails and mawses were exported from Lithuania; surging by 69% against the year before. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $1.2M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Lithuania in 2022:

1. Latvia (413.6 tons)
2. Estonia (63.4 tons)
3. United Kingdom (19.4 tons)
4. Germany (14.4 tons)

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Lithuania

In 2022, approx. 5 tons of fish; edible offal, other than shark fins, fish heads, tails and mawses were imported into Lithuania; standing approx. at 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The smallest decline of -99.9% was in 2020.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $6.2K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Lithuania in 2022:

1. Norway (4.7 tons)
2. Latvia (0.3 tons)

Source: IndexBox Market Intelligence Platform