Live Fish Price in Lithuania - 2023

Contents:

1. Live Fish Price in Lithuania (CIF) - 2022
2. Live Fish Price in Lithuania (FOB) - 2023
3. Live Fish Imports in Lithuania
4. Live Fish Exports in Lithuania

Live Fish Price in Lithuania (CIF) - 2022

In 2022, the average live fish import price amounted to $7,057 per ton, growing by 92% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $9,244 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Denmark ($80,893 per ton), while the price for the Netherlands ($2,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+978.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Live Fish Price in Lithuania (FOB) - 2023

The average live fish export price stood at $9,033 per ton in September 2023, jumping by 17% against the previous month. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in July 2023 an increase of 86% m-o-m. As a result, the export price attained the peak level of $9,244 per ton. From August 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($12,086 per ton), while the average price for exports to Latvia totaled $5,256 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Imports in Lithuania

Live fish imports into Lithuania fell to 521 tons in 2022, dropping by -12.5% compared with the previous year. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 922% against the previous year. As a result, imports reached the peak of 596 tons, and then contracted in the following year.

In value terms, live fish imports skyrocketed to $3.7M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 457%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Live Fish to Lithuania in 2022:

1. Poland (392.7 tons)
2. Latvia (63.1 tons)
3. Czech Republic (36.9 tons)
4. Netherlands (13.9 tons)
5. Denmark (13.5 tons)

Live Fish Exports in Lithuania

In 2022, the amount of live fish exported from Lithuania skyrocketed to 771 tons, increasing by 66% against the previous year. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, live fish exports soared to $3.2M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Live Fish from Lithuania in 2022:

1. Poland (480.8 tons)
2. Latvia (263.6 tons)
3. Netherlands (10.2 tons)

Source: IndexBox Market Intelligence Platform