Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia
  4. Exports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia

Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s amounted to $4,295 per ton, increasing by 59% against the previous year. In general, the import price recorded prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($6,301 per ton), while the price for Russia ($3,491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia (FOB) - 2022

The average export price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s stood at $4,503 per ton in 2022, surging by 36% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s increased by +18.4% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($4,607 per ton), while the average price for exports to Germany ($2,656 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 Lithuania (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia

In 2022, overseas purchases of fish fillets; frozen, alaska pollack (theraga chalcogramma)s decreased by -57% to 101 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 264 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fish fillets; frozen, alaska pollack (theraga chalcogramma)s declined dramatically to $433K in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 8%. As a result, imports attained the peak of $679K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16990.134.11924.3%
Lithuania11824015590.1-8.6%
RussiaN/AN/AN/A71.90%
China18122333844.8-37.2%
Denmark68.930.437.216.7-37.7%
Germany19.8N/A14.19.1-22.8%
Netherlands45.992.554.77.0-46.6%
Others25.22.30.91.1-64.8%
Total628679634433-11.7%

Top Suppliers of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) to Latvia in 2022:

  1. Poland (44.9 tons)
  2. Russia (20.6 tons)
  3. Lithuania (17.1 tons)
  4. China (12.0 tons)
  5. Denmark (2.6 tons)
  6. Germany (1.8 tons)
  7. Netherlands (1.6 tons)

Exports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia

In 2022, overseas shipments of fish fillets; frozen, alaska pollack (theraga chalcogramma)s decreased by -48.3% to 57 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a slight expansion. The pace of growth was the most pronounced in 2020 with an increase of 76%.

In value terms, exports of fish fillets; frozen, alaska pollack (theraga chalcogramma)s shrank sharply to $259K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year.

Export of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania13823431618410.1%
Estonia57.870.239.556.9-0.5%
United Kingdom1.0N/AN/A8.6104.9%
Netherlands7.92.84.56.7-5.3%
Germany4.16.48.02.9-10.9%
OthersN/AN/A0.2N/A0%
Total2083133692597.6%

Top Export Markets for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) from Latvia in 2022:

  1. Lithuania (40.1 tons)
  2. Estonia (12.8 tons)
  3. United Kingdom (2.0 tons)
  4. Netherlands (1.4 tons)
  5. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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