Price for Fish; Live, Ornamental, Other than Freshwater in Lithuania - 2023

Contents:

  1. Price for Fish; Live, Ornamental, Other than Freshwater in Lithuania (FOB) - 2022
  2. Price for Fish; Live, Ornamental, Other than Freshwater in Lithuania (CIF) - 2022
  3. Exports of Fish; Live, Ornamental, Other than Freshwater in Lithuania
  4. Imports of Fish; Live, Ornamental, Other than Freshwater in Lithuania

Price for Fish; Live, Ornamental, Other than Freshwater in Lithuania (FOB) - 2022

In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $6,703 per ton, which is down by -11.7% against the previous year. Over the period under review, the export price saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27%. The export price peaked at $95,804 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($7,419 per ton), while the average price for exports to Estonia amounted to $5,186 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+18.2%).

Price for Fish; Live, Ornamental, Other than Freshwater in Lithuania (CIF) - 2022

The average import price for fish; live, ornamental, other than freshwater stood at $31,302 per ton in 2022, surging by 12% against the previous year. In general, the import price, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 101% against the previous year. As a result, import price reached the peak level of $94,920 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +11.2% per year.

Exports of Fish; Live, Ornamental, Other than Freshwater in Lithuania

In 2022, the amount of fish; live, ornamental, other than freshwater exported from Lithuania soared to 35 tons, increasing by 37% against 2021. Over the period under review, exports, however, showed a pronounced downturn.

In value terms, exports of fish; live, ornamental, other than freshwater skyrocketed to $236K in 2022. Overall, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Fish; Live, Ornamental, Other than Freshwater in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/A10919517928.1%
EstoniaN/AN/AN/A57.00%
Denmark209N/AN/AN/A0%
NetherlandsN/A34.10.1N/A-99.7%
OthersN/AN/AN/A0.80%
Total2091431952364.1%

Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Lithuania in 2022:

  1. Latvia (24.1 tons)
  2. Estonia (11.0 tons)

Imports of Fish; Live, Ornamental, Other than Freshwater in Lithuania

After two years of decline, overseas purchases of fish; live, ornamental, other than freshwater decreased by -94% to 281 kg in 2022. Overall, imports saw a significant decline.

In value terms, imports of fish; live, ornamental, other than freshwater declined rapidly to $8.8K in 2022. Over the period under review, imports continue to indicate a precipitous setback.

Import of Fish; Live, Ornamental, Other than Freshwater in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia131N/A1228.8-59.3%
Germany140N/A7.9N/A-76.2%
Others4.7N/AN/AN/A0%
Total276N/A1308.8-68.3%

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Lithuania in 2022:

  1. Latvia (281.0 kg)

Source: IndexBox Market Intelligence Platform

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