Frozen Eels Price in Lithuania - 2023

Contents:

1. Frozen Eels Price in Lithuania (CIF) - 2022
2. Frozen Eels Price in Lithuania (FOB) - 2022
3. Frozen Eels Imports in Lithuania
4. Frozen Eels Exports in Lithuania

Frozen Eels Price in Lithuania (CIF) - 2022

The average frozen eels import price stood at $13,355 per ton in 2022, declining by -11.7% against the previous year. Overall, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2020 an increase of 30%. Over the period under review, average import prices hit record highs at $23,900 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($16,928 per ton), while the price for Poland ($12,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.3%), while the prices for the other major suppliers experienced a decline.

Frozen Eels Price in Lithuania (FOB) - 2022

In 2022, the average frozen eels export price amounted to $12,983 per ton, dropping by -9.9% against the previous year. In general, the export price saw a perceptible setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices reached the maximum at $24,770 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($14,275 per ton), while the average price for exports to Estonia ($12,912 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 Poland (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Eels Imports in Lithuania

In 2022, imports of frozen eels into Lithuania expanded remarkably to 22 tons, increasing by 11% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, frozen eels imports dropped to $296K in 2022. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 99%. As a result, imports attained the peak of $303K, and then fell in the following year.

Top Suppliers of Frozen Eels to Lithuania in 2022:

1. Poland (14.7 tons)
2. Netherlands (6.7 tons)
3. Germany (0.8 tons)

Frozen Eels Exports in Lithuania

Frozen eels exports from Lithuania soared to 5.3 tons in 2022, surging by 229% on 2021 figures. Over the period under review, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen eels exports surged to $69K in 2022. In general, exports continue to indicate a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Frozen Eels from Lithuania in 2022:

1. Latvia (3.7 tons)
2. Estonia (1.5 tons)

Source: IndexBox Market Intelligence Platform