Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Sri Lanka - 2022

Contents:

  1. Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Sri Lanka (FOB) - 2022
  2. Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Sri Lanka

Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Sri Lanka (FOB) - 2022

In 2022, the average export price for fish amounted to $16,056 per ton, surging by 5% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 increased by +62.9% against 2012 indices. The most prominent rate of growth was recorded in 2020 an increase of 5% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($21,314 per ton), while the average price for exports to France stood at $9,270 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.5%).

Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Sri Lanka

In 2022, approx. 218 tons of fish were exported from Sri Lanka; falling by -13.3% on the previous year. In general, exports showed a abrupt descent. The smallest decline of -13.3% was in 2021.

In value terms, exports of fish shrank to $3.5M in 2022. Overall, exports showed a deep contraction. The smallest decline of -8.9% was in 2020.

Export of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.82.82.72.6-2.4%
France1.81.41.10.9-20.6%
OthersN/AN/AN/AN/A0%
Total4.64.23.83.5-8.7%

Top Export Markets for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) from Sri Lanka in 2022:

  1. United Kingdom (122.7 tons)
  2. France (95.1 tons)

Source: IndexBox Market Intelligence Platform

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