Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia
  4. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia (CIF) - 2022

The average import price for fish fillets; frozen, nile perch (lates niloticus)s stood at $6,860 per ton in 2022, shrinking by -1.5% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, nile perch (lates niloticus)s increased by +78.6% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 41%. As a result, import price reached the peak level of $7,731 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($7,146 per ton) and the Netherlands ($7,087 per ton), while the price for Denmark ($5,524 per ton) and Poland ($6,349 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia (FOB) - 2022

The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $7,604 per ton in 2022, surging by 3.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,750 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($8,397 per ton), while the average price for exports to Lithuania totaled $7,273 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.0%).

Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia

Imports of fish fillets; frozen, nile perch (lates niloticus)s into Latvia contracted rapidly to 20 tons in 2022, declining by -55.9% against the previous year's figure. Overall, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 38%.

In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s declined dramatically to $134K in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. As a result, imports reached the peak of $308K, and then contracted dramatically in the following year.

Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands210127123108-19.9%
Poland1.715.644.813.197.5%
DenmarkN/AN/AN/A10.30%
LithuaniaN/A9.21222.1-52.2%
Belgium19.7N/AN/AN/A0%
GermanyN/A16.518.4N/A11.5%
Others0.10.3N/AN/A200.0%
Total231169308134-16.6%

Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Latvia in 2022:

  1. Netherlands (15.3 tons)
  2. Poland (2.1 tons)
  3. Denmark (1.9 tons)
  4. Lithuania (0.3 tons)

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia

In 2022, exports of fish fillets; frozen, nile perch (lates niloticus)s from Latvia contracted dramatically to 13 tons, shrinking by -21.6% on 2021 figures. Overall, exports saw a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 5.6%.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s plummeted to $101K in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 40%.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania11157.343.368.1-15.0%
Estonia19.631.343.232.918.8%
PolandN/AN/A37.5N/A0%
OthersN/AN/AN/AN/A0%
Total13188.6124101-8.3%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Latvia in 2022:

  1. Lithuania (9.4 tons)
  2. Estonia (3.9 tons)

Source: IndexBox Market Intelligence Platform

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