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

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Sri Lanka (FOB) - 2022
  2. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Sri Lanka

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

The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $3,729 per ton in 2022, rising by 13% against the previous year. In general, the export price, however, saw a abrupt descent. Over the period under review, the average export prices hit record highs at $10,326 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -9.7% per year.

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

In 2022, shipments abroad of fish fillets; frozen, nile perch (lates niloticus)s decreased by -21.8% to 391 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 77% against the previous year. As a result, the exports reached the peak of 500 kg, and then dropped sharply in the following year.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s fell to $1.5K in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of $1.6K, and then declined in the following year.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives1.11.31.61.510.9%
OthersN/AN/AN/AN/A0%
Total1.11.31.61.510.9%

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

  1. Maldives (391.0 kg)

Source: IndexBox Market Intelligence Platform

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