Price for Smoked Fish, Incl. Fillets in Sri Lanka - 2021
Contents:
- Price for Smoked Fish, Incl. Fillets in Sri Lanka (FOB) - 2022
- Price for Smoked Fish, Incl. Fillets in Sri Lanka (CIF) - 2022
- Exports of Smoked Fish, Incl. Fillets in Sri Lanka
- Imports of Smoked Fish, Incl. Fillets in Sri Lanka
Price for Smoked Fish, Incl. Fillets in Sri Lanka (FOB) - 2022
In 2022, the average smoked fish, incl. fillets export price amounted to $10,383 per ton, dropping by -7.4% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, smoked fish, incl. fillets export price decreased by -20.7% against 2019 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 62% against the previous year. The export price peaked at $13,095 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($19,677 per ton), while the average price for exports to Canada ($8,795 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 Canada (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Smoked Fish, Incl. Fillets in Sri Lanka (CIF) - 2022
The average smoked fish, incl. fillets import price stood at $26,796 per ton in 2022, jumping by 739% against the previous year. Overall, the import price continues to indicate a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($34,000 per ton), while the price for China ($9,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced a decline.
Exports of Smoked Fish, Incl. Fillets in Sri Lanka
In 2022, after two years of decline, there was significant growth in shipments abroad of smoked fish, incl. fillets, when their volume increased by 1,190% to 5.4 tons. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, smoked fish, incl. fillets exports soared to $57K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Smoked Fish, Incl. Fillets in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.6 | 2.3 | 2.6 | 39.7 | 122.6% |
| United Arab Emirates | 1.1 | 0.1 | 0.1 | 9.9 | 108.0% |
| New Zealand | 0.6 | N/A | 0.2 | 5.7 | 111.8% |
| Canada | 0.1 | 0.1 | 0.1 | 1.1 | 122.4% |
| Japan | 1.5 | 0.1 | N/A | 0.2 | -48.9% |
| South Korea | 3.1 | 0.2 | 0.4 | N/A | -64.1% |
| Maldives | 8.5 | 0.6 | 0.4 | N/A | -78.3% |
| United States | 3.7 | 1.3 | N/A | N/A | -64.9% |
| Qatar | 2.0 | 0.4 | 0.2 | N/A | -68.4% |
| Others | 3.7 | 0.5 | 0.7 | N/A | -56.5% |
| Total | 27.9 | 5.5 | 4.7 | 56.5 | 26.5% |
Top Export Markets for Smoked Fish, Incl. Fillets from Sri Lanka in 2022:
- Japan (undefined tons)
- Australia (4.2 tons)
- United Arab Emirates (0.8 tons)
- New Zealand (0.3 tons)
- Canada (0.1 tons)
Imports of Smoked Fish, Incl. Fillets in Sri Lanka
After three years of growth, purchases abroad of smoked fish, incl. fillets decreased by -90% to 663 kg in 2022. In general, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 51%.
In value terms, smoked fish, incl. fillets imports reduced notably to $18K in 2022. Over the period under review, imports faced a abrupt descent. The smallest decline of -7.6% was in 2020.
| Import of Smoked Fish, Incl. Fillets in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.7 | 0.4 | 0.3 | 16.5 | 186.7% |
| Italy | N/A | N/A | N/A | 0.7 | 0% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Maldives | 9.8 | 4.6 | N/A | N/A | -53.1% |
| Pakistan | 13.9 | 17.8 | 20.2 | N/A | 20.6% |
| Others | 0.3 | 0.1 | 0.5 | 0.2 | -12.6% |
| Total | 24.7 | 22.8 | 21.1 | 17.8 | -10.3% |
Top Suppliers of Smoked Fish, Incl. Fillets to Sri Lanka in 2022:
- Norway (602.0 kg)
- China (30.0 kg)
- Italy (25.0 kg)
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