Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania (CIF) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania
  4. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania (CIF) - 2022

The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $9,920 per ton in 2022, increasing by 47% against the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 126% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Poland ($12,890 per ton), while the price for Germany ($4,942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $410 per ton, falling by -94% against the previous year. In general, the export price saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. The export price peaked at $10,499 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Estonia ($5,624 per ton), while the average price for exports to the Czech Republic stood at $329 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania

In 2022, purchases abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -62.3% to 33 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 227%. As a result, imports reached the peak of 195 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s shrank markedly to $326K in 2022. Overall, imports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2020 when imports increased by 270% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9.1130202186173.4%
Netherlands20476.921.890.2-23.8%
Latvia88.045.015.841.7-22.0%
Germany1.87493502.815.9%
EstoniaN/A117N/AN/A0%
Others0.21.6N/A5.0192.4%
Total3031,1195903262.5%

Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Lithuania in 2022:

  1. Poland (14.5 tons)
  2. Netherlands (11.2 tons)
  3. Latvia (6.2 tons)
  4. Germany (0.6 tons)

Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania

In 2022, after three years of growth, there was significant decline in shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s, when their volume decreased by -9.5% to 111 tons. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 216%.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s contracted notably to $46K in 2022. Overall, exports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 395% against the previous year.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic80.049.9N/A36.1-23.3%
Estonia23.33894.19.5-25.8%
SlovakiaN/A34.5N/AN/A0%
GermanyN/A301835N/A177.4%
Latvia57.522.36.4N/A-66.6%
Others0.1N/A0.2N/A41.4%
Total16179784645.6-34.3%

Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Lithuania in 2022:

  1. Czech Republic (109.7 tons)
  2. Estonia (1.7 tons)

Source: IndexBox Market Intelligence Platform

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