Frozen Catfish Fillet Price in Lithuania - 2023
Contents:
- Frozen Catfish Fillet Price in Lithuania (CIF) - 2022
- Frozen Catfish Fillet Price in Lithuania (FOB) - 2022
- Frozen Catfish Fillet Imports in Lithuania
- Frozen Catfish Fillet Exports in Lithuania
Frozen Catfish Fillet Price in Lithuania (CIF) - 2022
The average frozen catfish fillet import price stood at $3,054 per ton in 2022, surging by 33% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen catfish fillet import price increased by +56.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($3,469 per ton) and Poland ($3,226 per ton), while the price for the Netherlands ($2,778 per ton) and Vietnam ($2,821 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Catfish Fillet Price in Lithuania (FOB) - 2022
In 2022, the average frozen catfish fillet export price amounted to $3,296 per ton, picking up by 15% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 30% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($3,398 per ton) and Latvia ($3,395 per ton), while the average price for exports to Ukraine ($3,121 per ton) and Estonia ($3,214 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Fillet Imports in Lithuania
In 2022, the amount of frozen catfish fillets imported into Lithuania skyrocketed to 544 tons, growing by 76% compared with 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen catfish fillet imports soared to $1.7M in 2022. In general, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish Fillet in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 318 | 428 | 169 | 677 | 28.6% |
| Poland | 358 | 119 | 188 | 547 | 15.2% |
| Denmark | 73.4 | 159 | 31.2 | 224 | 45.0% |
| Latvia | 23.0 | 16.1 | 23.1 | 182 | 99.3% |
| Netherlands | 202 | 294 | 261 | 31.2 | -46.3% |
| Germany | 173 | N/A | 32.6 | N/A | -56.6% |
| Others | 2.9 | 1.7 | 3.2 | N/A | 5.0% |
| Total | 1,151 | 1,017 | 709 | 1,661 | 13.0% |
Top Suppliers of Frozen Catfish Fillet to Lithuania in 2022:
- Vietnam (239.9 tons)
- Poland (169.6 tons)
- Denmark (64.6 tons)
- Latvia (58.6 tons)
- Netherlands (11.2 tons)
Frozen Catfish Fillet Exports in Lithuania
For the fourth year in a row, Lithuania recorded growth in shipments abroad of frozen catfish fillets, which increased by 117% to 153 tons in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen catfish fillet exports soared to $504K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Catfish Fillet in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 68.8 | 122 | 90.9 | 231 | 49.7% |
| Latvia | 79.4 | 56.4 | 83.2 | 205 | 37.2% |
| Czech Republic | 2.1 | N/A | 22.9 | 43.5 | 174.6% |
| Ukraine | N/A | N/A | N/A | 21.1 | 0% |
| Others | 5.5 | 25.7 | 6.0 | 3.6 | -13.2% |
| Total | 156 | 204 | 203 | 504 | 47.8% |
Top Export Markets for Frozen Catfish Fillet from Lithuania in 2022:
- Estonia (71.7 tons)
- Latvia (60.4 tons)
- Czech Republic (12.8 tons)
- Ukraine (6.8 tons)
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