Sri Lanka - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights

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Battered Fish Fillet Price in Sri Lanka - 2021

Contents:

  1. Battered Fish Fillet Price in Sri Lanka (FOB) - 2022
  2. Battered Fish Fillet Price in Sri Lanka (CIF) - 2022
  3. Battered Fish Fillet Exports in Sri Lanka
  4. Battered Fish Fillet Imports in Sri Lanka

Battered Fish Fillet Price in Sri Lanka (FOB) - 2022

In 2022, the average battered fish fillet export price amounted to $4,111 per ton, which is down by -47.4% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 42%. As a result, the export price reached the peak level of $8,622 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +18.1% per year.

Battered Fish Fillet Price in Sri Lanka (CIF) - 2022

The average battered fish fillet import price stood at $2,872 per ton in 2022, with an increase of 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +0.6% per year.

Battered Fish Fillet Exports in Sri Lanka

In 2022, approx. 190 kg of fish fillets in batter or breadcrumbs were exported from Sri Lanka; which is down by -96.9% on 2021 figures. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 449%. As a result, the exports reached the peak of 6.1 tons, and then declined dramatically in the following year.

In value terms, battered fish fillet exports dropped notably to $782 in 2022. Overall, exports saw a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 553% against the previous year. As a result, the exports attained the peak of $48K, and then fell significantly in the following year.

Export of Battered Fish Fillet in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1.0N/A0.20.8-7.2%
Japan1.00.22.5N/A58.1%
Maldives1.30.10.8N/A-21.6%
France34.55.933.5N/A-1.5%
Australia0.40.67.4N/A330.1%
Others0.70.33.3N/A117.1%
Total38.87.347.80.8-72.6%

Top Export Markets for Battered Fish Fillet from Sri Lanka in 2022:

  1. South Korea (190.0 kg)

Battered Fish Fillet Imports in Sri Lanka

In 2022, approx. 9.9 tons of fish fillets in batter or breadcrumbs were imported into Sri Lanka; waning by -99.2% against 2021 figures. Overall, imports continue to indicate a precipitous slump. The smallest decline of -38% was in 2021.

In value terms, battered fish fillet imports contracted sharply to $28K in 2022. Over the period under review, imports showed a significant decrease. The smallest decline of -21.8% was in 2021.

Import of Battered Fish Fillet in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile6.32.72.1N/A-42.3%
China0.50.60.7N/A18.3%
VietnamN/AN/AN/AN/A0%
United Arab Emirates0.80.60.2N/A-50.0%
Others0.10.10.1N/A0.0%
Total7.84.03.1N/A-37.0%

Top Suppliers of Battered Fish Fillet to Sri Lanka in 2022:

  1. Vietnam (9.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the battered fish fillet market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Fish preparations; fish prepared or preserved, whole or in pieces (but not minced), n.e.s. in heading no. 1604 - Sri Lanka