Price for Fish Meal; Fit for Human Consumption in Lithuania - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Lithuania (CIF) - 2022
- Price for Fish Meal; Fit for Human Consumption in Lithuania (FOB) - 2022
- Imports of Fish Meal; Fit for Human Consumption in Lithuania
- Exports of Fish Meal; Fit for Human Consumption in Lithuania
Price for Fish Meal; Fit for Human Consumption in Lithuania (CIF) - 2022
The average import price for fish meal; fit for human consumptia stood at $21,269 per ton in 2022, with an increase of 6.6% against the previous year. Overall, the import price continues to indicate a temperate increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 125% against the previous year. Over the period under review, average import prices reached the maximum at $23,035 per ton in 2020; however, from 2021 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 Latvia ($56,538 per ton), while the price for Norway amounted to $13,387 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+13.2%).
Price for Fish Meal; Fit for Human Consumption in Lithuania (FOB) - 2022
The average export price for fish meal; fit for human consumptia stood at $17,720 per ton in 2022, picking up by 496% against the previous year. In general, the export price continues to indicate a significant expansion. The export price peaked at $22,100 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($18,604 per ton), while the average price for exports to the Netherlands totaled $2,682 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.6%).
Imports of Fish Meal; Fit for Human Consumption in Lithuania
In 2022, the amount of fish meal; fit for human consumptia imported into Lithuania soared to 427 kg, picking up by 268% on 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of fish meal; fit for human consumptia surged to $9.1K in 2022. Overall, imports saw a resilient increase.
| Import of Fish Meal; Fit for Human Consumption in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.1 | 2.0 | 1.3 | 4.7 | 14.9% |
| Latvia | 3.5 | 2.2 | 1.0 | 4.4 | 7.9% |
| Germany | N/A | 11.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.6 | 15.8 | 2.3 | 9.1 | 11.3% |
Top Suppliers of Fish Meal; Fit for Human Consumption to Lithuania in 2022:
- Norway (349.0 kg)
- Latvia (78.0 kg)
Exports of Fish Meal; Fit for Human Consumption in Lithuania
In 2022, exports of fish meal; fit for human consumptia from Lithuania surged to 396 kg, with an increase of 66% on the previous year. Overall, exports, however, showed a abrupt decrease.
In value terms, exports of fish meal; fit for human consumptia skyrocketed to $7K in 2022. Over the period under review, exports, however, faced a sharp decrease.
| Export of Fish Meal; Fit for Human Consumption in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Ireland | 1.0 | 0.7 | 7.0 | 164.6% | |
| Netherlands | N/A | N/A | 0.1 | 0% | |
| Norway | 11.2 | N/A | N/A | 0% | |
| Latvia | 1.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 13.3 | 0.7 | 7.0 | -27.5% | |
Top Export Markets for Fish Meal; Fit for Human Consumption from Lithuania in 2022:
- Ireland (374.0 kg)
- Netherlands (22.0 kg)
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