Sri Lanka - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Sri Lanka - 2021
Contents:
- Frozen Freshwater Fish Price in Sri Lanka (CIF) - 2022
- Frozen Freshwater Fish Price in Sri Lanka (FOB) - 2022
- Frozen Freshwater Fish Imports in Sri Lanka
- Frozen Freshwater Fish Exports in Sri Lanka
Frozen Freshwater Fish Price in Sri Lanka (CIF) - 2022
In 2022, the average frozen freshwater fish import price amounted to $2,250 per ton, growing by 16% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 2016 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $2,286 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,330 per ton), while the price for Bahrain ($1,266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Sri Lanka (FOB) - 2022
In 2022, the average frozen freshwater fish export price amounted to $4,022 per ton, rising by 82% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. Over the period under review, the average export prices hit record highs at $5,047 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,185 per ton), while the average price for exports to Taiwan (Chinese) ($1,210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in Sri Lanka
In 2022, the amount of frozen freshwater fish imported into Sri Lanka surged to 3.8K tons, jumping by 23% against 2021. In general, imports, however, faced a deep downturn.
In value terms, frozen freshwater fish imports soared to $8.5M in 2022. Over the period under review, imports, however, saw a abrupt setback.
Import of Frozen Freshwater Fish in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,215 | 1,614 | 821 | 1,595 | -20.8% |
Taiwan (Chinese) | 3,654 | 1,170 | 766 | 1,569 | -24.6% |
Indonesia | 653 | 447 | 1,268 | 1,386 | 28.5% |
Vietnam | 1,239 | 219 | 717 | 783 | -14.2% |
India | 539 | 429 | 616 | 673 | 7.7% |
Iran | 624 | 534 | 467 | 510 | -6.5% |
Yemen | 1,146 | 149 | 66.6 | 360 | -32.0% |
Seychelles | 433 | 309 | 235 | 287 | -12.8% |
Others | 2,773 | 1,125 | 995 | 1,317 | -22.0% |
Total | 14,277 | 5,996 | 5,950 | 8,481 | -15.9% |
Top Suppliers of Frozen Freshwater Fish to Sri Lanka in 2022:
- Indonesia (959.0 tons)
- China (532.6 tons)
- Taiwan (Chinese) (471.1 tons)
- India (307.5 tons)
- Vietnam (299.6 tons)
- Iran (288.7 tons)
- Seychelles (185.5 tons)
- Yemen (133.1 tons)
Frozen Freshwater Fish Exports in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen freshwater fish, when their volume decreased by -11% to 1.4K tons. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, the exports attained the peak of 1.5K tons, and then declined in the following year.
In value terms, frozen freshwater fish exports soared to $5.4M in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 107%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Frozen Freshwater Fish in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,029 | 1,240 | 3,040 | 4,900 | 68.2% |
Vietnam | 191 | 0.5 | 3.3 | 99.1 | -19.6% |
Thailand | 5.5 | 5.1 | 52.2 | 84.2 | 148.3% |
South Korea | 25.4 | 51.1 | 48.1 | 77.5 | 45.0% |
Malaysia | 55.6 | 34.7 | 12.3 | 52.2 | -2.1% |
Taiwan (Chinese) | 13.7 | 30.4 | 7.7 | 26.3 | 24.3% |
Oman | N/A | 174 | N/A | N/A | 0% |
Others | 174 | 85.2 | 200 | 201 | 4.9% |
Total | 1,495 | 1,621 | 3,364 | 5,440 | 53.8% |
Top Export Markets for Frozen Freshwater Fish from Sri Lanka in 2022:
- China (1170.9 tons)
- Vietnam (28.9 tons)
- Malaysia (26.5 tons)
- Thailand (24.8 tons)
- South Korea (21.8 tons)
- Taiwan (Chinese) (21.7 tons)
This report provides an in-depth analysis of the frozen freshwater fish 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 10201360 - Frozen whole fresh water fish
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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