Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania - 2023
Contents:
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania (FOB) - 2023
- Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania (CIF) - 2022
- Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania
- Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania (FOB) - 2023
The average export price for fish fillets; frozen, coalfish (pollachius virens)s stood at $5,364 per ton in October 2023, surging by 7.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 7.8% against the previous month. The export price peaked at $6,506 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In October 2023, the countries with the highest prices were the Netherlands ($7,661 per ton) and France ($6,919 per ton), while the average price for exports to Poland ($5,137 per ton) and Germany ($5,159 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania (CIF) - 2022
The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $4,454 per ton in 2022, surging by 27% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $5,439 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 Iceland ($6,206 per ton), while the price for Sweden ($2,686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania
In 2022, after two years of decline, there was significant growth in overseas shipments of fish fillets; frozen, coalfish (pollachius virens)s, when their volume increased by 65% to 5.7K tons. Overall, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s soared to $33M in 2022. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.1 | 6.5 | 5.3 | 14.4 | 16.5% |
| France | 2.2 | 3.2 | 4.0 | 4.2 | 24.1% |
| Netherlands | 0.5 | 0.6 | 1.1 | 3.6 | 93.1% |
| Poland | 4.9 | 2.7 | 1.2 | 3.0 | -15.1% |
| Denmark | 0.3 | 0.4 | 0.9 | 2.7 | 108.0% |
| Czech Republic | 1.1 | 0.7 | 0.8 | 1.6 | 13.3% |
| Norway | 0.3 | 0.1 | 0.4 | 0.7 | 32.6% |
| Others | 1.7 | 1.8 | 1.6 | 3.0 | 20.8% |
| Total | 20.1 | 16.2 | 15.3 | 33.2 | 18.2% |
Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Lithuania in 2022:
- Germany (2490.2 tons)
- Netherlands (602.3 tons)
- France (580.9 tons)
- Poland (576.0 tons)
- Denmark (505.9 tons)
- Czech Republic (282.2 tons)
- Norway (110.9 tons)
Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania
In 2022, approx. 398 tons of fish fillets; frozen, coalfish (pollachius virens)s were imported into Lithuania; jumping by 20% against the previous year. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s skyrocketed to $1.8M in 2022. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3.7 | N/A | 146 | 684 | 469.7% |
| Iceland | 401 | 367 | 468 | 631 | 16.3% |
| Latvia | 105 | 131 | 211 | 197 | 23.3% |
| Sweden | 49.3 | N/A | 252 | 181 | 54.3% |
| France | N/A | N/A | N/A | 19.8 | 0% |
| Croatia | 71.2 | N/A | N/A | N/A | 0% |
| Belgium | 180 | 122 | N/A | N/A | -32.2% |
| Germany | 277 | 154 | 55.5 | N/A | -55.2% |
| Others | 22.1 | 19.3 | 29.2 | 58.4 | 38.3% |
| Total | 1,110 | 793 | 1,162 | 1,771 | 16.9% |
Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Lithuania in 2022:
- Denmark (178.0 tons)
- Iceland (101.7 tons)
- Sweden (67.5 tons)
- Latvia (32.3 tons)
- France (6.6 tons)
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