Frozen Salmonoids Price in Estonia - 2023

Contents:

  1. Frozen Salmonoids Price in Estonia (CIF) - 2022
  2. Frozen Salmonoids Price in Estonia (FOB) - 2022
  3. Frozen Salmonoids Imports in Estonia
  4. Frozen Salmonoids Exports in Estonia

Frozen Salmonoids Price in Estonia (CIF) - 2022

In 2022, the average frozen salmonoids import price amounted to $4,310 per ton, increasing by 99% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The import price peaked at $5,498 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,560 per ton), while the price for the United States ($2,883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Salmonoids Price in Estonia (FOB) - 2022

In 2022, the average frozen salmonoids export price amounted to $3,735 per ton, waning by -19.2% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 190%. Over the period under review, the average export prices hit record highs at $4,624 per ton in 2021, and then fell markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($3,803 per ton), while the average price for exports to Finland stood at $2,076 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.1%), while the prices for the other major destinations experienced a decline.

Frozen Salmonoids Imports in Estonia

Frozen salmonoids imports into Estonia soared to 41 tons in 2022, growing by 190% compared with 2021 figures. Over the period under review, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 461% against the previous year.

In value terms, frozen salmonoids imports skyrocketed to $175K in 2022. Overall, imports recorded a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 763% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Frozen Salmonoids in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States41.63.529.970.619.3%
Finland19.8N/AN/A55.841.3%
NetherlandsN/AN/AN/A48.80%
Canada105N/AN/AN/A0%
Others1.9N/A0.4N/A-54.1%
Total1693.530.31751.2%

Top Suppliers of Frozen Salmonoids to Estonia in 2022:

  1. United States (24.5 tons)
  2. Finland (13.0 tons)
  3. Netherlands (3.1 tons)

Frozen Salmonoids Exports in Estonia

In 2022, shipments abroad of frozen salmonoids was finally on the rise to reach 6 tons after two years of decline. Over the period under review, exports, however, continue to indicate a precipitous decrease.

In value terms, frozen salmonoids exports surged to $22K in 2022. In general, exports, however, saw a precipitous slump.

Export of Frozen Salmonoids in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland41.9N/AN/A22.0-19.3%
Finland12042.40.40.5-83.9%
Sweden32.2N/A12.9N/A-36.7%
OthersN/AN/AN/AN/A0%
Total19442.413.322.5-51.2%

Top Export Markets for Frozen Salmonoids from Estonia in 2022:

  1. Poland (5.8 tons)
  2. Finland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish; Pacific salmon, other than sockeye salmon, (Oncorhynchus gorbuscha/keta/tschawytscha/kisutch/masou/rhodurus), frozen, (excluding fillets, livers, roes and other fish meat of heading no. 0304) - Estonia