Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia - 2023

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia (CIF) - 2022
  2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia (FOB) - 2022
  3. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia
  4. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia (CIF) - 2022

In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $3,001 per ton, waning by -6.5% against the previous year. Overall, the import price, however, continues to indicate strong growth. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. As a result, import price reached the peak level of $3,211 per ton, and then fell in the following year.

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 Poland amounted to +29.5% per year.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia (FOB) - 2022

In 2022, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $846 per ton, falling by -56.7% against the previous year. In general, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 an increase of 89%. The export price peaked at $1,952 per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($16,586 per ton), while the average price for exports to Estonia amounted to $807 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+36.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia

In 2022, purchases abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses was finally on the rise to reach 108 tons after two years of decline. Over the period under review, imports, however, recorded a drastic downturn.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $323K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania75.575.073.032362.3%
Sweden5.0N/AN/AN/A0%
Denmark3.8N/AN/AN/A0%
Estonia73.40.70.4N/A-92.6%
OthersN/A8.00.1N/A-98.8%
Total15883.873.632326.9%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Latvia in 2022:

  1. Lithuania (107.6 tons)

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia

In 2022, the amount of fish; edible offal, other than shark fins, fish heads, tails and mawses exported from Latvia soared to 82 tons, jumping by 11,461% on 2021. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $69K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia3.7N/AN/A65.4160.5%
Lithuania1.4N/AN/AN/A0%
OthersN/AN/A1.33.9200.0%
Total5.1N/A1.469.3138.6%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Latvia in 2022:

  1. Estonia (81.0 tons)

Source: IndexBox Market Intelligence Platform

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