Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania
  4. Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $8,002 per ton, with a decrease of -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.3%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs at $8,143 per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,076 per ton), while the average price for exports to Poland ($7,367 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 Germany (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania (CIF) - 2022

The average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $2,574 per ton in 2022, falling by -36.2% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of 46%. As a result, import price reached the peak level of $4,031 per ton, and then declined remarkably in the following year.

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 Latvia ($5,236 per ton), while the price for Germany stood at $2,061 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.1%), while the prices for the other major suppliers experienced a decline.

Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania

In 2022, after two years of decline, there was significant growth in shipments abroad of fish fillets; frozen, haddock (melanogrammus aeglefinus)s, when their volume increased by 232% to 129 tons. Overall, exports posted a prominent increase. 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, haddock (melanogrammus aeglefinus)s skyrocketed to $1M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A23.215.3587403.0%
Germany24011811732110.2%
Sweden333264144124-28.1%
Others0.65.239.9N/A715.5%
Total5744113171,03221.6%

Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Lithuania in 2022:

  1. Poland (79.7 tons)
  2. Germany (35.3 tons)
  3. Sweden (14.0 tons)

Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania

In 2022, purchases abroad of fish fillets; frozen, haddock (melanogrammus aeglefinus)s was finally on the rise to reach 8.5 tons after two years of decline. In general, imports, however, saw a precipitous shrinkage.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s reduced to $22K in 2022. Overall, imports, however, showed a sharp contraction.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13350.18.714.8-51.9%
Latvia19.315.411.67.2-28.0%
Iceland7.52.7N/AN/A-64.0%
Others2.85.04.8N/A30.9%
Total16373.125.122.0-48.7%

Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Lithuania in 2022:

  1. Germany (7.2 tons)
  2. Latvia (1.4 tons)

Source: IndexBox Market Intelligence Platform

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