Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Sri Lanka - 2022

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Sri Lanka (FOB) - 2022
  2. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Sri Lanka

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

In 2022, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $10,755 per ton, surging by 42% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The export price peaked at $18,050 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($11,735 per ton), while the average price for exports to Australia ($3,146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.8%), while the prices for the other major destinations experienced a decline.

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

Exports of fish; edible offal, other than shark fins, fish heads, tails and mawses from Sri Lanka declined rapidly to 23 tons in 2022, which is down by -17.5% compared with the previous year. Overall, exports recorded a deep setback. The smallest decline of -13.7% was in 2021.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses skyrocketed to $249K in 2022. In general, exports recorded a sharp descent.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR41419450.8197-21.9%
South Korea32.349.486.849.515.3%
Australia3.718.922.61.7-22.8%
Maldives7.42.70.60.6-56.7%
Singapore94.166.547.6N/A-28.9%
Others9.613.94.90.5-62.7%
Total561346213249-23.7%

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

  1. Hong Kong SAR (18.3 tons)
  2. South Korea (4.2 tons)
  3. Australia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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