Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia - 2023

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia (CIF) - 2022
  2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia (FOB) - 2022
  3. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia
  4. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia (CIF) - 2022

The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $2,371 per ton in 2022, picking up by 18% against the previous year. In general, the import price, however, faced a abrupt contraction. The growth pace was the most rapid in 2016 when the average import price increased by 85% against the previous year. The import price peaked at $8,454 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($2,874 per ton), while the price for Lithuania totaled $2,213 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (-7.5%).

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $7,517 per ton in 2022, increasing by 1.7% against the previous year. Overall, the export price saw modest growth. The growth pace was the most rapid in 2017 when the average export price increased by 102%. As a result, the export price reached the peak level of $12,931 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +3.3% per year.

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia

In 2022, the amount of fish; edible offal, other than shark fins, fish heads, tails and mawses imported into Estonia surged to 84 tons, rising by 60% on the previous year's figure. In general, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 209% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses soared to $199K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 205%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania40.812510514151.2%
LatviaN/AN/AN/A57.80%
OthersN/AN/A0.1N/A0%
Total40.812510519969.6%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Estonia in 2022:

  1. Lithuania (63.7 tons)
  2. Latvia (20.1 tons)

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia

In 2022, shipments abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses was finally on the rise to reach 659 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep reduction.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses expanded notably to $5K in 2022. Over the period under review, exports, however, showed a noticeable contraction.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway5.75.14.45.0-4.3%
OthersN/AN/AN/AN/A0%
Total5.75.14.45.0-4.3%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Estonia in 2022:

  1. Norway (659.0 kg)

Source: IndexBox Market Intelligence Platform

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