Frozen Yellowfin Tuna Price in Latvia - 2022
Contents:
- Frozen Yellowfin Tuna Price in Latvia (CIF) - 2022
- Frozen Yellowfin Tuna Price in Latvia (FOB) - 2022
- Frozen Yellowfin Tuna Imports in Latvia
- Frozen Yellowfin Tuna Exports in Latvia
Frozen Yellowfin Tuna Price in Latvia (CIF) - 2022
The average frozen yellowfin tuna import price stood at $22,462 per ton in 2022, increasing by 166% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +19.1% per year.
Frozen Yellowfin Tuna Price in Latvia (FOB) - 2022
The average frozen yellowfin tuna export price stood at $7,109 per ton in 2022, reducing by -67.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 358%. As a result, the export price attained the peak level of $21,787 per ton, and then declined dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +12.2% per year.
Frozen Yellowfin Tuna Imports in Latvia
In 2022, purchases abroad of frozen yellowfin tuna was finally on the rise to reach 493 kg after two years of decline. Over the period under review, imports, however, faced a dramatic contraction.
In value terms, frozen yellowfin tuna imports surged to $11K in 2022. In general, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Yellowfin Tuna in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | 0.1 | 11.1 | 11000.0% |
| Estonia | 1.2 | 1.6 | 1.1 | N/A | -4.3% |
| Poland | 7.5 | 5.4 | N/A | N/A | -28.0% |
| Others | N/A | N/A | 2.4 | N/A | 0% |
| Total | 8.7 | 7.0 | 3.6 | 11.1 | 8.5% |
Top Suppliers of Frozen Yellowfin Tuna to Latvia in 2022:
- Lithuania (493.0 kg)
Frozen Yellowfin Tuna Exports in Latvia
In 2022, frozen yellowfin tuna exports from Latvia soared to 220 kg, jumping by 261% against 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 282%. As a result, the exports attained the peak of 378 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, frozen yellowfin tuna exports skyrocketed to $1.6K in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 262%. As a result, the exports reached the peak of $1.8K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Frozen Yellowfin Tuna in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 497 | 683 | 148 | 1,564 | 46.5% |
| Estonia | N/A | N/A | 1,181 | N/A | 0% |
| Slovakia | N/A | 1,115 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 497 | 1,798 | 1,329 | 1,564 | 46.5% |
Top Export Markets for Frozen Yellowfin Tuna from Latvia in 2022:
- Lithuania (220.0 kg)
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