Price for Fish; Live, Ornamental, Other than Freshwater in Sri Lanka - 2022
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Sri Lanka (FOB) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Sri Lanka (CIF) - 2022
- Exports of Fish; Live, Ornamental, Other than Freshwater in Sri Lanka
- Imports of Fish; Live, Ornamental, Other than Freshwater in Sri Lanka
Price for Fish; Live, Ornamental, Other than Freshwater in Sri Lanka (FOB) - 2022
The average export price for fish; live, ornamental, other than freshwater stood at $29,135 per ton in 2022, surging by 32% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $31,751 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($71,259 per ton), while the average price for exports to Taiwan (Chinese) ($17,209 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 UK (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Other than Freshwater in Sri Lanka (CIF) - 2022
The average import price for fish; live, ornamental, other than freshwater stood at $10,788 per ton in 2022, surging by 24% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The import price peaked at $22,102 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Djibouti ($23,204 per ton), while the price for Hong Kong SAR ($6,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fish; Live, Ornamental, Other than Freshwater in Sri Lanka
In 2022, exports of fish; live, ornamental, other than freshwater from Sri Lanka reduced to 271 tons, shrinking by -13.3% against 2021. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year. As a result, the exports reached the peak of 313 tons, and then shrank in the following year.
In value terms, exports of fish; live, ornamental, other than freshwater amounted to $7.9M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Fish; Live, Ornamental, Other than Freshwater in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,360 | 1,959 | 2,905 | 3,507 | 14.1% |
| China | 563 | 515 | 623 | 1,310 | 32.5% |
| Japan | 354 | 256 | 315 | 347 | -0.7% |
| Germany | 288 | 393 | 414 | 300 | 1.4% |
| United Kingdom | 495 | 407 | 375 | 288 | -16.5% |
| Canada | 151 | 111 | 116 | 225 | 14.2% |
| Australia | 24.7 | 26.9 | 145 | 221 | 107.6% |
| Italy | 280 | 159 | 205 | 166 | -16.0% |
| Netherlands | 136 | 122 | 178 | 147 | 2.6% |
| Russia | 123 | 72.6 | 98.1 | 139 | 4.2% |
| Taiwan (Chinese) | 118 | 80.8 | 119 | 81.4 | -11.6% |
| Others | 1,633 | 1,215 | 1,390 | 1,170 | -10.5% |
| Total | 6,524 | 5,317 | 6,883 | 7,901 | 6.6% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Sri Lanka in 2022:
- United States (116.8 tons)
- China (64.6 tons)
- Germany (10.0 tons)
- Netherlands (8.5 tons)
- Australia (6.9 tons)
- United Kingdom (6.6 tons)
- Canada (5.3 tons)
- Russia (5.1 tons)
- Japan (4.9 tons)
- Taiwan (Chinese) (4.7 tons)
- Italy (3.9 tons)
Imports of Fish; Live, Ornamental, Other than Freshwater in Sri Lanka
In 2022, imports of fish; live, ornamental, other than freshwater into Sri Lanka dropped to 116 tons, declining by -11.2% compared with the previous year. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 43%.
In value terms, imports of fish; live, ornamental, other than freshwater rose notably to $1.3M in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Fish; Live, Ornamental, Other than Freshwater in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 530 | 355 | 612 | 545 | 0.9% |
| United States | 106 | 62.3 | 35.8 | 216 | 26.8% |
| Djibouti | 294 | 142 | 143 | 169 | -16.9% |
| Sudan | 23.6 | 21.7 | 22.5 | 92.6 | 57.7% |
| Oman | N/A | 1.0 | 69.3 | 22.4 | 373.3% |
| Others | 236 | 174 | 257 | 209 | -4.0% |
| Total | 1,189 | 756 | 1,140 | 1,254 | 1.8% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Sri Lanka in 2022:
- Maldives (79.8 tons)
- United States (10.3 tons)
- Sudan (9.9 tons)
- Djibouti (7.3 tons)
- Oman (2.8 tons)
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