Live Fish Price in Serbia - 2023
Contents:
- Live Fish Price in Serbia (FOB) - 2022
- Live Fish Price in Serbia (CIF) - 2022
- Live Fish Exports in Serbia
- Live Fish Imports in Serbia
Live Fish Price in Serbia (FOB) - 2022
The average live fish export price stood at $3,868 per ton in 2022, with an increase of 71% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. Over the period under review, the average export prices hit record highs at $5,253 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($3,879 per ton), while the average price for exports to North Macedonia stood at $3,438 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-3.3%).
Live Fish Price in Serbia (CIF) - 2022
The average live fish import price stood at $2,982 per ton in 2022, dropping by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 an increase of 29% against the previous year. As a result, import price attained the peak level of $3,101 per ton, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bosnia and Herzegovina ($3,271 per ton), while the price for Croatia ($1,339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Live Fish Exports in Serbia
In 2022, approx. 214 tons of live fish were exported from Serbia; waning by -42.1% compared with 2021 figures. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of 370 tons, and then shrank sharply in the following year.
In value terms, live fish exports shrank to $828K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, the exports reached the peak of $837K, and then declined modestly in the following year.
| Export of Live Fish in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 583 | 381 | 639 | 810 | 11.6% |
| North Macedonia | 105 | 85.7 | 199 | 17.7 | -44.8% |
| Others | 3.5 | 1.1 | N/A | N/A | -68.6% |
| Total | 692 | 468 | 837 | 828 | 6.2% |
Top Export Markets for Live Fish from Serbia in 2022:
- Bosnia and Herzegovina (208.8 tons)
- North Macedonia (5.2 tons)
Live Fish Imports in Serbia
In 2022, supplies from abroad of live fish was finally on the rise to reach 440 tons after two years of decline. Overall, imports, however, continue to indicate a dramatic decrease.
In value terms, live fish imports surged to $1.3M in 2022. Over the period under review, imports, however, showed a deep setback.
| Import of Live Fish in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 906 | 269 | 142 | 415 | -22.9% |
| Bosnia and Herzegovina | 175 | 214 | 282 | 246 | 12.0% |
| North Macedonia | 111 | 63.1 | 16.4 | 238 | 28.9% |
| Czech Republic | 641 | 114 | 97.5 | 182 | -34.3% |
| Bulgaria | 361 | 5.4 | 3.6 | 101 | -34.6% |
| Croatia | 3.7 | 6.2 | 28.4 | 21.4 | 79.5% |
| Others | 164 | 71.9 | 99.2 | 109 | -12.7% |
| Total | 2,362 | 743 | 669 | 1,312 | -17.8% |
Top Suppliers of Live Fish to Serbia in 2022:
- Hungary (136.3 tons)
- North Macedonia (95.1 tons)
- Bosnia and Herzegovina (75.2 tons)
- Czech Republic (64.3 tons)
- Bulgaria (44.9 tons)
- Croatia (16.0 tons)
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