Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia (FOB) - 2023
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia (CIF) - 2023
  3. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia
  4. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia (FOB) - 2023

In October 2023, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $15,462 per ton, which is down by -9.1% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 15% m-o-m. The export price peaked at $19,805 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Switzerland ($18,226 per ton), while the average price for exports to Latvia ($3,359 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia (CIF) - 2023

In October 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $10,742 per ton, declining by -3.7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.1%. The pace of growth appeared the most rapid in December 2022 an increase of 18% month-to-month. Over the period under review, average import prices reached the maximum at $11,262 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($11,096 per ton), while the price for Latvia ($5,043 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Russia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia

In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s exported from Estonia contracted to 588 tons, which is down by -13.2% compared with 2021 figures. Overall, exports recorded a sharp slump. The smallest decline of -0.5% was in 2021.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s reduced to $9.7M in 2022. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland6.45.25.75.9-2.7%
Finland1.81.51.61.1-15.1%
Germany0.60.91.11.018.6%
France0.70.60.60.70.0%
Denmark0.70.60.70.4-17.0%
Netherlands0.50.40.30.2-26.3%
Sweden0.50.30.30.2-26.3%
Latvia0.30.1N/A0.1-30.7%
Others0.20.10.30.1-20.6%
Total11.69.610.79.7-5.8%

Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Estonia in 2022:

  1. Switzerland (322.2 tons)
  2. Finland (76.2 tons)
  3. Germany (63.4 tons)
  4. France (44.9 tons)
  5. Denmark (25.1 tons)
  6. Sweden (18.7 tons)
  7. Latvia (17.8 tons)
  8. Netherlands (11.3 tons)

Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia

In 2022, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into Estonia dropped modestly to 373 tons, which is down by -2.9% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports attained the peak of 384 tons, and then declined in the following year.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s fell dramatically to $3.3M in 2022. In general, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $4.1M, and then contracted significantly in the following year.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3,0442,7263,8852,825-2.5%
Finland3.168.269.0207305.7%
Netherlands99.653.145.494.6-1.7%
Latvia6.222.321.086.1140.4%
Others41718512478.3-42.7%
Total3,5703,0544,1453,291-2.7%

Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Estonia in 2022:

  1. Russia (310.2 tons)
  2. Finland (24.0 tons)
  3. Latvia (19.3 tons)
  4. Netherlands (10.6 tons)

Source: IndexBox Market Intelligence Platform

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