Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania (FOB) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania (CIF) - 2023
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania (FOB) - 2023
In November 2023, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $9,218 per ton, with an increase of 6.3% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 14% m-o-m. As a result, the export price reached the peak level of $10,072 per ton. From June 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Sweden ($16,636 per ton), while the average price for exports to Germany ($2,086 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania (CIF) - 2023
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $9,519 per ton in November 2023, increasing by 8.6% against the previous month. Over the period under review, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 77% month-to-month. Over the period under review, average import prices attained the maximum at $9,785 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($16,725 per ton), while the price for Germany ($6,194 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+86.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania
In 2022, after three years of growth, there was significant decline in shipments abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, when their volume decreased by -15% to 7.3K tons. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 27%.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell slightly to $61M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 5.1 | 3.5 | 13.1 | 18.6 | 53.9% |
| Germany | 8.7 | 14.2 | 12.1 | 11.7 | 10.4% |
| Norway | 4.9 | 5.6 | 7.8 | 9.5 | 24.7% |
| Sweden | 7.1 | 9.1 | 8.5 | 7.3 | 0.9% |
| Poland | 9.2 | 10.0 | 5.0 | 5.8 | -14.3% |
| France | 1.8 | 2.6 | 2.4 | 2.9 | 17.2% |
| Netherlands | 0.4 | 1.8 | 3.1 | 2.3 | 79.2% |
| United Kingdom | 5.7 | 6.5 | 5.4 | 1.0 | -44.0% |
| Others | 3.5 | 4.1 | 5.0 | 2.2 | -14.3% |
| Total | 46.1 | 57.3 | 62.4 | 61.2 | 9.9% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Lithuania in 2022:
- Denmark (2315.0 tons)
- Germany (1507.1 tons)
- Norway (922.2 tons)
- Sweden (799.8 tons)
- Poland (698.1 tons)
- France (358.0 tons)
- Netherlands (279.7 tons)
- United Kingdom (122.4 tons)
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania
In 2022, after two years of decline, there was significant growth in purchases abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, when their volume increased by 10% to 765 tons. In general, imports, however, continue to indicate a perceptible curtailment.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s shrank significantly to $3M in 2022. Over the period under review, imports, however, showed a abrupt descent. The smallest decline of -4.7% was in 2021.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,233 | 3,293 | 3,082 | 1,353 | -31.6% |
| Latvia | 75.2 | 104 | 181 | 727 | 113.0% |
| Denmark | 35.2 | 4.7 | 127 | 324 | 109.6% |
| Sweden | 3.5 | 107 | 7.2 | 227 | 301.8% |
| Netherlands | 0.8 | 49.4 | 25.5 | 79.7 | 363.6% |
| Poland | 160 | 182 | 151 | 58.4 | -28.5% |
| Iceland | 119 | 201 | 63.0 | N/A | -27.2% |
| Others | 147 | 90.5 | 205 | 229 | 15.9% |
| Total | 4,774 | 4,032 | 3,842 | 2,997 | -14.4% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Lithuania in 2022:
- Latvia (387.0 tons)
- Germany (190.2 tons)
- Sweden (106.5 tons)
- Denmark (28.1 tons)
- Netherlands (19.7 tons)
- Poland (9.3 tons)
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