Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Sri Lanka - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Sri Lanka (FOB) - 2022
  2. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Sri Lanka

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Sri Lanka (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $5,167 per ton in 2022, with an increase of 1.7% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 25% against the previous year. Over the period under review, the average export prices reached the maximum at $19,800 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($8,000 per ton), while the average price for exports to Canada stood at $4,909 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+21.8%), while the prices for the other major destinations experienced a decline.

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Sri Lanka

After three years of growth, overseas shipments of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -21.3% to 48 kg in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 165%. As a result, the exports reached the peak of 61 kg, and then fell dramatically in the following year.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s reduced remarkably to $248 in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, the exports attained the peak of $310, and then fell markedly in the following year.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A2160%
Maldives11218631032.0-34.1%
OthersN/AN/AN/AN/A0%
Total11218631024830.3%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Sri Lanka in 2022:

  1. Canada (44.0 kg)
  2. Maldives (4.0 kg)

Source: IndexBox Market Intelligence Platform

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