Price for Fish; Live, Ornamental, Freshwater in Sri Lanka - 2021
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Sri Lanka (FOB) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Sri Lanka (CIF) - 2022
- Exports of Fish; Live, Ornamental, Freshwater in Sri Lanka
- Imports of Fish; Live, Ornamental, Freshwater in Sri Lanka
Price for Fish; Live, Ornamental, Freshwater in Sri Lanka (FOB) - 2022
In 2022, the average fish; live, ornamental, freshwater export price amounted to $29,145 per ton, rising by 9.6% against the previous year. In general, the export price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. The export price peaked at $40,583 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($63,021 per ton), while the average price for exports to Qatar ($8,047 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 Saudi Arabia (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in Sri Lanka (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $9,429 per ton in 2022, reducing by -15.9% against the previous year. Overall, the import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum at $19,745 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($23,050 per ton), while the price for Singapore ($4,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.1%), while the prices for the other major suppliers experienced a decline.
Exports of Fish; Live, Ornamental, Freshwater in Sri Lanka
In 2022, the amount of fish; live, ornamental, freshwater exported from Sri Lanka reached 522 tons, approximately mirroring the year before. Overall, exports posted a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, fish; live, ornamental, freshwater exports rose significantly to $15M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fish; Live, Ornamental, Freshwater in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,296 | 2,139 | 5,047 | 5,356 | 32.6% |
| United Kingdom | 1,023 | 1,023 | 1,054 | 1,376 | 10.4% |
| Germany | 888 | 887 | 981 | 969 | 3.0% |
| United Arab Emirates | 39.0 | 233 | 512 | 665 | 157.4% |
| Poland | 438 | 302 | 622 | 642 | 13.6% |
| Canada | 265 | 237 | 315 | 577 | 29.6% |
| France | 458 | 325 | 489 | 518 | 4.2% |
| Australia | 287 | 271 | 570 | 437 | 15.0% |
| Czech Republic | 1,228 | 346 | 381 | 360 | -33.6% |
| South Africa | 199 | 195 | 434 | 332 | 18.6% |
| Qatar | 106 | 127 | 292 | 294 | 40.5% |
| Saudi Arabia | 76.8 | 62.3 | 246 | 267 | 51.5% |
| Maldives | 64.3 | 156 | 252 | 159 | 35.2% |
| Others | 2,372 | 1,864 | 2,632 | 3,265 | 11.2% |
| Total | 9,742 | 8,167 | 13,827 | 15,218 | 16.0% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Sri Lanka in 2022:
- United States (212.6 tons)
- United Kingdom (57.0 tons)
- Qatar (36.6 tons)
- United Arab Emirates (26.5 tons)
- Germany (22.9 tons)
- South Africa (16.7 tons)
- Australia (13.4 tons)
- Canada (12.9 tons)
- France (12.8 tons)
- Czech Republic (10.2 tons)
- Poland (10.2 tons)
- Maldives (9.5 tons)
- Saudi Arabia (9.2 tons)
Imports of Fish; Live, Ornamental, Freshwater in Sri Lanka
Fish; live, ornamental, freshwater imports into Sri Lanka shrank notably to 1.8 tons in 2022, which is down by -53.1% compared with the previous year's figure. In general, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 52%.
In value terms, fish; live, ornamental, freshwater imports dropped significantly to $17K in 2022. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year.
| Import of Fish; Live, Ornamental, Freshwater in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.4 | 1.6 | 1.9 | 7.4 | 164.5% |
| Thailand | 13.3 | 1.8 | 1.4 | 5.7 | -24.6% |
| Taiwan (Chinese) | N/A | N/A | N/A | 3.2 | 0% |
| Singapore | 8.9 | 3.4 | 4.9 | 0.6 | -59.3% |
| Nigeria | 2.7 | N/A | N/A | N/A | 0% |
| Japan | 57.6 | 6.3 | 12.0 | N/A | -54.4% |
| China | 17.1 | 2.2 | 5.3 | N/A | -44.3% |
| Vietnam | 1.1 | 0.4 | 0.7 | N/A | -20.2% |
| United States | 2.6 | 3.5 | 7.0 | N/A | 64.1% |
| Indonesia | 9.4 | 2.4 | 3.3 | N/A | -40.7% |
| Maldives | 1.2 | 0.2 | 0.1 | N/A | -71.1% |
| Others | 6.3 | 3.7 | 6.1 | N/A | -1.6% |
| Total | 121 | 25.5 | 42.8 | 16.9 | -48.1% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Sri Lanka in 2022:
- Thailand (724.0 kg)
- Taiwan (Chinese) (598.0 kg)
- Malaysia (322.0 kg)
- Singapore (145.0 kg)
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