Latvia - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFrozen Freshwater Fish Price in Latvia - 2023
Contents:
- Frozen Freshwater Fish Price in Latvia (CIF) - 2023
- Frozen Freshwater Fish Price in Latvia (FOB) - 2022
- Frozen Freshwater Fish Imports in Latvia
- Frozen Freshwater Fish Exports in Latvia
Frozen Freshwater Fish Price in Latvia (CIF) - 2023
In September 2023, the average frozen freshwater fish import price amounted to $2,805 per ton, approximately reflecting the previous month. In general, import price indicated temperate growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, frozen freshwater fish import price decreased by -19.2% against July 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 63% month-to-month. As a result, import price reached the peak level of $3,864 per ton. From April 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,318 per ton), while the price for Morocco ($1,362 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Latvia (FOB) - 2022
In 2022, the average frozen freshwater fish export price amounted to $1,789 per ton, growing by 13% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 57%. Over the period under review, the average export prices reached the peak figure at $2,238 per ton in 2013; however, from 2014 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 Germany ($2,596 per ton), while the average price for exports to Poland ($975 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 the Czech Republic (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in Latvia
In 2022, purchases abroad of frozen freshwater fish increased by 49% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen freshwater fish imports surged to $3.2M in 2022. Over the period under review, imports, however, showed a mild descent.
| Import of Frozen Freshwater Fish in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 126 | 511 | 185 | 981 | 98.2% |
| Lithuania | 1,018 | 302 | 360 | 970 | -1.6% |
| Norway | 387 | 358 | 309 | 299 | -8.2% |
| Sweden | 505 | 381 | 387 | 286 | -17.3% |
| Vietnam | 92.2 | 141 | 65.1 | 113 | 7.0% |
| Spain | 156 | 15.7 | 132 | 63.0 | -26.1% |
| Estonia | 251 | 319 | 329 | 56.3 | -39.2% |
| Iceland | 217 | 490 | 327 | 52.3 | -37.8% |
| Kazakhstan | 9.5 | 22.7 | 44.0 | 39.2 | 60.4% |
| Poland | 116 | 159 | 105 | 31.1 | -35.5% |
| Others | 422 | 208 | 309 | 306 | -10.2% |
| Total | 3,299 | 2,908 | 2,551 | 3,198 | -1.0% |
Top Suppliers of Frozen Freshwater Fish to Latvia in 2022:
- Morocco (775.1 tons)
- Lithuania (305.9 tons)
- Sweden (163.8 tons)
- Norway (148.1 tons)
- Vietnam (50.1 tons)
- Kazakhstan (42.4 tons)
- Estonia (29.9 tons)
- Spain (26.6 tons)
- Poland (15.9 tons)
- Iceland (15.4 tons)
Frozen Freshwater Fish Exports in Latvia
In 2022, the amount of frozen freshwater fish exported from Latvia contracted markedly to 1K tons, declining by -33.1% against the previous year's figure. In general, exports showed a precipitous curtailment. The smallest decline of -25.1% was in 2021.
In value terms, frozen freshwater fish exports dropped significantly to $1.8M in 2022. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 7.7% against the previous year. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Frozen Freshwater Fish in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 379 | 466 | 824 | 641 | 19.1% |
| Lithuania | 917 | 892 | 527 | 353 | -27.3% |
| Estonia | 858 | 589 | 401 | 344 | -26.3% |
| Germany | 99.8 | 479 | 197 | 240 | 34.0% |
| Romania | 74.4 | 102 | 238 | 72.3 | -0.9% |
| Bulgaria | 108 | 77.2 | 139 | 66.5 | -14.9% |
| Poland | 107 | 85.3 | 4.2 | 33.4 | -32.2% |
| Others | 194 | 259 | 110 | 92.4 | -21.9% |
| Total | 2,738 | 2,950 | 2,440 | 1,842 | -12.4% |
Top Export Markets for Frozen Freshwater Fish from Latvia in 2022:
- Ukraine (485.3 tons)
- Estonia (173.4 tons)
- Lithuania (142.3 tons)
- Germany (92.4 tons)
- Romania (42.0 tons)
- Bulgaria (37.2 tons)
- Poland (34.3 tons)
This report provides an in-depth analysis of the frozen freshwater fish market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201360 - Frozen whole fresh water fish
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
112
This report provides an in-depth analysis of the frozen freshwater fish market in Latvia.
596
This report provides an in-depth analysis of the market for frozen fish and seafood in Latvia.
658
This report provides an in-depth analysis of the global frozen freshwater fish market.
240
This report provides an in-depth analysis of the global frozen tilapias market.
450
This report provides an in-depth analysis of the global market for frozen southern bluefin tuna.
185
This report provides an in-depth analysis of the global bigeye tuna market.
215
This report provides an in-depth analysis of the global frozen skipjack tuna market.
213
This report provides an in-depth analysis of the global frozen yellowfin tuna market.
211
This report provides an in-depth analysis of the global frozen atlantic halibut market.
215
This report provides an in-depth analysis of the global frozen eels market.
165
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
513
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
197
Explore the top import markets for frozen whole fish based on the data provided by the IndexBox market intelligence platform.
351
Discover the top import markets for frozen, dried, and smoked fish, including key statistics and numbers. Explore the leading countries in the global fish trade.
374
Explore the top import markets for frozen fish based on the import value in 2022. Japan, United States, and China lead the pack in this lucrative industry. Learn more on IndexBox.
611
Chile became the leading supplier of frozen atlantic salmon worldwide, expanding exports from 14K tons in 2010 to 125K tons in 2020 and leaving behind the former leading supplier, Norway.
1904
China ($7.6B) remains the largest frozen fish supplier worldwide, comprising 17% of global exports.
165
Explore the top import markets for frozen freshwater fish worldwide, including China, the United States, and South Korea. Get key statistics and insights from IndexBox platform.
513
The global market for frozen fish and seafood has witnessed significant growth in recent years, with several countries emerging as key import markets. In this article, we will explore the top import markets for frozen fish and seafood and provide key statistics and insights.
