Sri Lanka - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fillets and Other Fish Meat in Sri Lanka - 2022
Contents:
- Price for Fish Fillets and Other Fish Meat in Sri Lanka (FOB) - 2022
- Price for Fish Fillets and Other Fish Meat in Sri Lanka (CIF) - 2022
- Exports of Fish Fillets and Other Fish Meat in Sri Lanka
- Imports of Fish Fillets and Other Fish Meat in Sri Lanka
Price for Fish Fillets and Other Fish Meat in Sri Lanka (FOB) - 2022
The average export price for fish fillets and other fish meat stood at $13,738 per ton in 2022, increasing by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2021 an increase of 22%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($25,520 per ton), while the average price for exports to Vietnam ($2,039 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets and Other Fish Meat in Sri Lanka (CIF) - 2022
The average import price for fish fillets and other fish meat stood at $3,298 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 43%. The import price peaked at $5,734 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Maldives ($5,807 per ton), while the price for Taiwan (Chinese) ($1,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets and Other Fish Meat in Sri Lanka
Exports of fish fillets and other fish meat from Sri Lanka reduced to 4.1K tons in 2022, waning by -10.9% compared with the previous year. Overall, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 4.7K tons, and then reduced in the following year.
In value terms, exports of fish fillets and other fish meat contracted to $57M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $59M, and then shrank slightly in the following year.
Export of Fish Fillets and Other Fish Meat in Sri Lanka (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 11.8 | 12.0 | 11.7 | 12.6 | 2.2% |
Italy | 12.4 | 10.6 | 14.6 | 11.1 | -3.6% |
Germany | 3.0 | 6.8 | 11.4 | 10.1 | 49.9% |
Netherlands | 5.7 | 3.3 | 5.9 | 7.4 | 9.1% |
United States | 4.3 | 1.4 | 0.8 | 3.8 | -4.0% |
Australia | 0.2 | 0.4 | 1.6 | 3.4 | 157.1% |
United Kingdom | 4.6 | 2.3 | 2.3 | 2.2 | -21.8% |
Belgium | 1.9 | 2.0 | 2.8 | 1.9 | 0.0% |
Vietnam | 0.8 | 1.4 | 1.1 | 0.5 | -14.5% |
Others | 6.8 | 3.6 | 6.9 | 3.9 | -16.9% |
Total | 51.7 | 43.9 | 59.1 | 57.0 | 3.3% |
Top Export Markets for Fish Fillets and Other Fish Meat from Sri Lanka in 2022:
- France (954.5 tons)
- Italy (830.3 tons)
- Germany (646.9 tons)
- Australia (307.6 tons)
- Netherlands (291.8 tons)
- Vietnam (253.5 tons)
- United States (218.8 tons)
- United Kingdom (199.4 tons)
- Belgium (73.4 tons)
Imports of Fish Fillets and Other Fish Meat in Sri Lanka
In 2022, overseas purchases of fish fillets and other fish meat were finally on the rise to reach 329 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant contraction.
In value terms, imports of fish fillets and other fish meat surged to $1.1M in 2022. In general, imports, however, showed a dramatic decline.
Import of Fish Fillets and Other Fish Meat in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 47.2 | 754 | 392 | 610 | 134.7% |
Vietnam | 1,441 | 217 | 191 | 245 | -44.6% |
United Arab Emirates | 141 | N/A | N/A | 165 | 5.4% |
Taiwan (Chinese) | N/A | N/A | N/A | 42.6 | 0% |
Yemen | N/A | N/A | N/A | 21.3 | 0% |
China | 146 | 1.8 | 104 | 0.7 | -83.1% |
Oman | 359 | N/A | N/A | N/A | 0% |
Others | 367 | 216 | 12.0 | 0.1 | -93.5% |
Total | 2,500 | 1,188 | 699 | 1,084 | -24.3% |
Top Suppliers of Fish Fillets and Other Fish Meat to Sri Lanka in 2022:
- Vietnam (137.5 tons)
- Maldives (105.0 tons)
- Taiwan (Chinese) (35.0 tons)
- United Arab Emirates (33.1 tons)
- Yemen (17.5 tons)
- China (0.5 tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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