Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka (FOB) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka (CIF) - 2022
  3. Exports of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka
  4. Imports of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka

Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka (FOB) - 2022

The average export price for fish fillets; fresh or chilled, swordfish (xiphias gladius)s stood at $12,396 per ton in 2022, with an increase of 4.7% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; fresh or chilled, swordfish (xiphias gladius)s increased by +113.6% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 35% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($21,642 per ton), while the average price for exports to the United States ($8,415 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 Russia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka (CIF) - 2022

In 2022, the average import price for fish fillets; fresh or chilled, swordfish (xiphias gladius)s amounted to $4,871 per ton, approximately mirroring the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 61%. As a result, import price attained the peak level of $5,713 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.1% per year.

Exports of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka

For the third year in a row, Sri Lanka recorded decline in shipments abroad of fish fillets; fresh or chilled, swordfish (xiphias gladius)s, which decreased by -14.5% to 263 tons in 2022. Over the period under review, exports showed a significant decline.

In value terms, exports of fish fillets; fresh or chilled, swordfish (xiphias gladius)s contracted to $3.3M in 2022. In general, exports saw a dramatic decline.

Export of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5,2452,9462,3501,743-30.7%
France5.55.24.2702403.5%
Germany26433427638012.9%
United Kingdom1,469737500300-41.1%
Netherlands42511027.419.3-64.3%
Others654379491120-43.2%
Total8,0634,5113,6493,266-26.0%

Top Export Markets for Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) from Sri Lanka in 2022:

  1. Italy (142.2 tons)
  2. France (56.8 tons)
  3. United Kingdom (31.2 tons)
  4. Germany (21.9 tons)
  5. Netherlands (1.9 tons)

Imports of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka

After three years of growth, overseas purchases of fish fillets; fresh or chilled, swordfish (xiphias gladius)s decreased by -8.3% to 6 tons in 2022. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of 6.5 tons, and then shrank in the following year.

In value terms, imports of fish fillets; fresh or chilled, swordfish (xiphias gladius)s shrank to $29K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year.

Import of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.026.431.729.09.6%
OthersN/AN/AN/AN/A0%
Total22.026.431.729.09.6%

Top Suppliers of Fish Fillets; Fresh or Chilled, Swordfish (Xiphias Gladius) to Sri Lanka in 2022:

  1. India (6.0 tons)

Source: IndexBox Market Intelligence Platform

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