What is the price of fish fins per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka fish fins is between US$ 0.98 and US$ 4.89 per kilogram or between US$ 0.44 and US$ 2.22 per pound(lb). Click here to see today's exact prices of fish fins in Sri Lanka
The retail price range in Sri Lanka Rupee for fish fins is between LKR 301.05 and LKR 1,505.23 per kilogram or between LKR 136.53 and LKR 682.64 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka fish fins is between US$ 0.68 and US$ 3.42 per kilogram or between US$ 0.31 and US$ 1.55 per pound(lb).
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Sri Lanka Fish Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Fish Fins from Sri Lanka has seen a steady decline over the last five years. In 2014, the price was 33.00 US dollars per kg, dropping to 30.50 US dollars per kg in 2015. In 2016, the price decreased further to 27.00 US dollars per kg. 2017 saw a significant drop to 17.14 US dollars per kg, followed by a slight increase to 22.44 US dollars per kg in 2019. The most recent year, 2020, saw the lowest price of 11.16 US dollars per kg. 2021 has seen a further decrease to 7.61 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Fish Fins from Sri Lanka will be 6.45 US dollars per kg in 2023 and 5.50 US dollars per kg in 2024.Sri Lanka Fish Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fish Fins into Sri Lanka over the last five years has seen a significant decrease. In 2014, the price was 33.00 US dollars per kg, which dropped to 30.50 US dollars per kg in 2015. This downward trend continued in 2016, when the price fell to 27.00 US dollars per kg. In 2017, the price dropped even further to 17.14 US dollars per kg. The price then increased slightly in 2019 to 22.44 US dollars per kg, before dropping again to 11.16 US dollars per kg in 2020. The most recent data shows that the price has decreased to 7.61 US dollars per kg in 2021. Based on this data, it is likely that the price of Fish Fins will continue to decrease in the coming years. It is predicted that the price will be around 6.50 US dollars per kg in 2023 and 5.50 US dollars per kg in 2024.Export values for Sri Lanka fish fins
The total values in export for fish fins in Sri Lanka were US$ 81, US$ 1,834, US$ 502 and US$ 1,186 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Sri Lanka: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
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Sri Lanka fish fins - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 41 tonnes of fish fins. For the year 2019 alone, the market for Sri Lanka fish fins (fish category) has surged, recording a change of 46.429 % compared to the year 2018. Between 2017 and 2019, fish fins' exports decreased by -61.68 pc bringing Sri Lanka US$1.19m for the year 2019. Sri Lanka's fish fins exports are classified as:
- Fish fins and other edible fish offal, smoked, dried, salted or in brine (excluding heads, tails, maws and shark fins) (HS code 030579)
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Sri Lanka fish fins export values
In 2019, Sri Lanka exported fish fins costing 1.19m USD, a surge of 137.05% from 2018's total fish fins export of 0.502m USD. The yearly change in value of Sri Lanka fish fins between 2017 to 2018 was -72.628%.
The annual change in the amount of Sri Lanka's fish fins exports between 2017 and 2019 was -61.68 per cent when compared to a variation of 46.429% in the growth rate between 2018 and 2019.
Export markets for Sri Lanka fish fins ( in '000$ )
Sri Lanka imported 17 tonnes of fish fins in 2019.