Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Sri Lanka - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Sri Lanka (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Sri Lanka

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Sri Lanka (CIF) - 2022

The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,782 per ton in 2022, with an increase of 3.5% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 16%. Over the period under review, average import prices reached the maximum at $8,765 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($3,957 per ton), while the price for Spain stood at $3,619 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-6.6%).

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Sri Lanka

In 2022, approx. 570 kg of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were imported into Sri Lanka; waning by -34.7% compared with 2021. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 228% against the previous year.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s dropped sharply to $2.2K in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 184% against the previous year.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2.10.61.61.1-19.4%
Spain2.00.61.61.1-18.1%
OthersN/AN/AN/AN/A0%
Total4.11.13.22.2-18.7%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Sri Lanka in 2022:

  1. Spain (294.0 kg)
  2. Argentina (276.0 kg)

Source: IndexBox Market Intelligence Platform

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