Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka (FOB) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka (CIF) - 2022
  3. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka
  4. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $16,717 per ton, growing by 2.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 11% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($26,145 per ton), while the average price for exports to Switzerland ($9,799 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 Belgium (+8.7%), 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 Sri Lanka (CIF) - 2022

The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $6,686 per ton in 2022, which is down by -12% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s increased by +61.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 83%. The import price peaked at $7,985 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($27,000 per ton), while the price for Maldives totaled $6,088 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%).

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

In 2022, shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -10.4% to 2.7K tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 96% against the previous year. As a result, the exports reached the peak of 4.5K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s reduced to $44M in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 113%. As a result, the exports reached the peak of $73M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.221.69.410.85.5%
Germany2.513.411.19.757.1%
Italy7.015.412.08.35.8%
Netherlands5.27.05.77.412.5%
United States1.91.10.12.36.6%
Belgium1.54.22.81.98.2%
United Kingdom2.12.51.61.2-17.0%
Poland1.31.80.90.5-27.3%
Others3.45.74.72.4-11.0%
Total34.272.848.344.49.1%

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

  1. France (751.3 tons)
  2. Germany (621.0 tons)
  3. Italy (562.3 tons)
  4. Netherlands (281.2 tons)
  5. United States (115.4 tons)
  6. United Kingdom (77.8 tons)
  7. Belgium (73.4 tons)
  8. Poland (27.9 tons)

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

In 2022, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into Sri Lanka shrank remarkably to 35 kg, with a decrease of -98% on the previous year's figure. Over the period under review, imports faced a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 611% against the previous year.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s shrank notably to $234 in 2022. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 1,201%.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives2.5N/A0.20.2-56.9%
Norway3.30.32.9N/A-6.3%
Denmark3.8N/AN/AN/A0%
India7.80.67.4N/A-2.6%
Oman12.2N/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
Others3.60.13.0N/A-8.7%
Total33.21.013.50.2-81.8%

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

  1. Maldives (34.0 kg)
  2. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform

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