Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia
  4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $3,163 per ton, which is down by -42.7% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 17%. The import price peaked at $5,807 per ton in 2012; however, from 2013 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 the Netherlands ($6,990 per ton), while the price for China ($1,618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,623 per ton in 2022, falling by -15.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices attained the maximum at $7,938 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($6,986 per ton), while the average price for exports to Lithuania stood at $6,421 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.5%).

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia

In 2022, overseas purchases of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were finally on the rise to reach 49 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a mild slump.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s soared to $156K in 2022. Overall, imports, however, recorded a deep reduction.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands49.030.648.656.64.9%
China53.5N/A2.741.5-8.1%
Lithuania3.97.128.234.2106.2%
Poland65.7N/A1.313.1-41.6%
Estonia6.32.60.79.715.5%
Sweden17.714.315.5N/A-6.4%
Denmark45.992.27.2N/A-60.4%
Others7.30.20.30.8-52.1%
Total249147105156-14.4%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Latvia in 2022:

  1. China (25.7 tons)
  2. Lithuania (9.4 tons)
  3. Netherlands (8.1 tons)
  4. Poland (3.1 tons)
  5. Estonia (3.0 tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia

In 2022, the amount of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s exported from Latvia reduced to 4.9 tons, waning by -10.1% compared with 2021. In general, exports recorded a dramatic downturn.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s dropped markedly to $33K in 2022. Over the period under review, exports recorded a dramatic downturn.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania83.153.535.120.3-37.5%
Estonia6.14.97.712.326.3%
OthersN/AN/AN/AN/A0%
Total89.258.542.832.6-28.5%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Latvia in 2022:

  1. Lithuania (3.2 tons)
  2. Estonia (1.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) - Latvia