Live Fish Price in Estonia - 2023

Contents:

  1. Live Fish Price in Estonia (FOB) - 2021
  2. Live Fish Price in Estonia (CIF) - 2022
  3. Live Fish Exports in Estonia
  4. Live Fish Imports in Estonia

Live Fish Price in Estonia (FOB) - 2021

In November 2021, the average live fish export price amounted to $7,483 per ton, with an increase of 20% against the previous month. Over the period under review, the export price posted a prominent increase. The growth pace was the most rapid in July 2021 an increase of 189% against the previous month. The export price peaked at $16,092 per ton in September 2021; however, from October 2021 to November 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($11,643 per ton), while the average price for exports to Denmark ($5,020 per ton) was amongst the lowest.

From January 2021 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.2%), while the prices for the other major destinations experienced a decline.

Live Fish Price in Estonia (CIF) - 2022

The average live fish import price stood at $8,912 per ton in 2022, with an increase of 64% against the previous year. Over the period under review, the import price recorded a slight expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 446%. As a result, import price attained the peak level of $91,900 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($81,260 per ton), while the price for Finland stood at $5,809 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+60.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Live Fish Exports in Estonia

After three years of growth, shipments abroad of live fish decreased by -37.8% to 120 tons in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 370%. As a result, the exports attained the peak of 193 tons, and then declined dramatically in the following year.

In value terms, live fish exports shrank markedly to $784K in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 335% against the previous year. As a result, the exports attained the peak of $1.3M, and then dropped sharply in the following year.

Export of Live Fish in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16322026278468.8%
LithuaniaN/A35.6156N/A338.2%
FinlandN/AN/A389N/A0%
DenmarkN/AN/A407N/A0%
OthersN/A37.162.0N/A67.1%
Total1632931,27578468.8%

Top Export Markets for Live Fish from Estonia in 2022:

  1. Netherlands (120.0 tons)

Live Fish Imports in Estonia

In 2022, live fish imports into Estonia declined significantly to 17 tons, waning by -70.2% against 2021 figures. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,334%. As a result, imports attained the peak of 58 tons, and then shrank remarkably in the following year.

In value terms, live fish imports declined remarkably to $154K in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 235%. As a result, imports reached the peak of $316K, and then fell sharply in the following year.

Import of Live Fish in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland12.9N/A26098.897.1%
Czech Republic33.532.842.050.915.0%
Others23.061.514.54.4-42.4%
Total69.594.331615430.4%

Top Suppliers of Live Fish to Estonia in 2022:

  1. Finland (17.0 tons)
  2. Czech Republic (0.2 tons)

Source: IndexBox Market Intelligence Platform

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