Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia - 2023
Contents:
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia (CIF) - 2022
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia (FOB) - 2022
- Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia
- Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $5,650 per ton, surging by 31% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Iceland ($6,203 per ton), while the price for Poland ($3,198 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia (FOB) - 2022
The average export price for fish fillets; frozen, coalfish (pollachius virens)s stood at $6,336 per ton in 2022, jumping by 31% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +5.9% per year.
Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia
In 2022, approx. 103 tons of fish fillets; frozen, coalfish (pollachius virens)s were imported into Latvia; shrinking by -16% against the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, imports reached the peak of 123 tons, and then shrank markedly in the following year.
In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s amounted to $584K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 156 | 159 | 325 | 399 | 36.8% |
| Lithuania | 137 | 169 | 193 | 173 | 8.1% |
| Poland | 54.7 | N/A | 1.3 | 12.4 | -39.0% |
| United Kingdom | 32.1 | N/A | N/A | N/A | 0% |
| Others | 16.1 | 24.0 | 11.4 | N/A | -15.9% |
| Total | 396 | 352 | 531 | 584 | 13.8% |
Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Latvia in 2022:
- Iceland (64.3 tons)
- Lithuania (35.2 tons)
- Poland (3.9 tons)
Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia
Exports of fish fillets; frozen, coalfish (pollachius virens)s from Latvia dropped significantly to 32 tons in 2022, declining by -49.8% against the year before. Overall, exports saw a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 119% against the previous year. As a result, the exports reached the peak of 64 tons, and then shrank rapidly in the following year.
In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s shrank sharply to $202K in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 127%. As a result, the exports reached the peak of $307K, and then dropped dramatically in the following year.
| Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 119 | 124 | 227 | 199 | 18.7% |
| Estonia | 6.3 | 6.9 | 37.5 | 2.9 | -22.8% |
| France | 16.6 | 4.5 | N/A | N/A | -72.9% |
| Poland | 28.1 | N/A | 42.9 | N/A | 23.6% |
| Denmark | 57.2 | N/A | N/A | N/A | 0% |
| Others | 27.5 | N/A | N/A | N/A | 0% |
| Total | 255 | 136 | 307 | 202 | -7.5% |
Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Latvia in 2022:
- Lithuania (31.5 tons)
- Estonia (0.4 tons)
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