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

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Serbia (CIF) - 2022
  2. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Serbia

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Serbia (CIF) - 2022

In 2022, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $14,098 per ton, growing by 7.6% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 80% against the previous year. Over the period under review, average import prices attained the maximum at $20,497 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Vietnam ($25,515 per ton), while the price for China ($4,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+76.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 27 tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were imported into Serbia; picking up by 13% on 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s soared to $382K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A2.826.5151634.4%
Turkey41.083.411610536.8%
Spain17.965.078.875.861.8%
Vietnam49.547.369.039.5-7.2%
ChinaN/A0.86.43.4106.2%
Croatia65.314.5N/AN/A-77.8%
Others8.39.618.88.30.0%
Total18222331538228.0%

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

  1. Norway (10.6 tons)
  2. Turkey (7.5 tons)
  3. Spain (6.0 tons)
  4. Vietnam (1.5 tons)
  5. China (0.8 tons)

Source: IndexBox Market Intelligence Platform

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