Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania
  4. Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania (CIF) - 2023

In October 2023, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1,901 per ton, approximately reflecting the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 7% against the previous month. Over the period under review, average import prices attained the maximum at $1,910 per ton in September 2023, and then dropped in the following month.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Norway ($1,907 per ton), while the price for Sweden totaled $1,898 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+1.9%).

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania (FOB) - 2022

The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $1,723 per ton in 2022, increasing by 3.4% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 39%. Over the period under review, the average export prices reached the maximum at $2,836 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Estonia ($1,818 per ton) and Latvia ($1,711 per ton), while the average price for exports to Bulgaria ($1,474 per ton) and Poland ($1,683 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.6%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania

In 2022, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s into Lithuania surged to 4.9K tons, increasing by 32% compared with the previous year. The total import volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s soared to $8.2M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway5.77.04.34.7-6.2%
SwedenN/A0.52.13.5164.6%
Others0.10.20.2N/A41.4%
Total5.97.66.68.211.6%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Lithuania in 2022:

  1. Norway (2.7K tons)
  2. Sweden (2.2K tons)

Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania

In 2022, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s from Lithuania soared to 220 tons, picking up by 380% on the year before. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s skyrocketed to $379K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia35.794.935.5338111.6%
EstoniaN/AN/A2.625.2869.2%
Poland12.223.2N/A4.6-27.8%
UkraineN/AN/A38.3N/A0%
Others0.12.6N/A11.6387.7%
Total48.112176.537999.0%

Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Lithuania in 2022:

  1. Latvia (197.5 tons)
  2. Estonia (13.9 tons)
  3. Poland (2.8 tons)

Source: IndexBox Market Intelligence Platform

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