Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia (CIF) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia (FOB) - 2022
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia (CIF) - 2022
In 2022, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $5,622 per ton, growing by 2.9% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $13,930 per ton in 2013; however, from 2014 to 2022, 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 Estonia ($9,603 per ton), while the price for Poland ($4,559 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+7.5%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia (FOB) - 2022
The average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $12,679 per ton in 2022, rising by 13% against the previous year. Overall, the export price recorded a modest expansion. The growth pace was the most rapid in 2019 when the average export price increased by 128%. Over the period under review, the average export prices hit record highs at $16,803 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($17,448 per ton), while the average price for exports to Estonia stood at $11,256 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia
Imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into Latvia skyrocketed to 120 tons in 2022, jumping by 29% against the year before. Over the period under review, imports, however, saw a perceptible reduction.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s skyrocketed to $676K in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 266 | 257 | 282 | 419 | 16.4% |
| Estonia | 126 | 135 | 117 | 125 | -0.3% |
| Lithuania | 126 | 94.9 | 51.8 | 73.1 | -16.6% |
| Netherlands | 4.3 | 4.3 | 4.4 | 24.6 | 78.8% |
| France | 81.5 | 29.0 | 28.3 | 18.1 | -39.4% |
| Others | 23.6 | 30.9 | 26.8 | 16.3 | -11.6% |
| Total | 628 | 551 | 510 | 676 | 2.5% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Latvia in 2022:
- Poland (91.8 tons)
- Estonia (13.1 tons)
- Lithuania (10.4 tons)
- Netherlands (2.7 tons)
- France (1.0 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia
In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s exported from Latvia soared to 16 tons, jumping by 166% against the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $200K in 2022. Over the period under review, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 48.9 | 42.8 | 24.8 | 136 | 40.6% |
| Lithuania | 93.3 | 43.9 | 39.4 | 62.1 | -12.7% |
| United States | N/A | N/A | 2.5 | N/A | 0% |
| Others | N/A | N/A | N/A | 1.7 | 0% |
| Total | 142 | 86.7 | 66.7 | 200 | 12.1% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Latvia in 2022:
- Estonia (12.1 tons)
- Lithuania (3.6 tons)
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