What is the price of shark fins per kilogram/pound in Latvia today?
The retail price range for Latvia shark fins is between US$ 12.27 and US$ 80.05 per kilogram or between US$ 5.57 and US$ 36.30 per pound(lb). Click here to see today's exact prices of shark fins in Latvia
The retail price range in Euro for shark fins is between EUR 11.34 and EUR 73.96 per kilogram or between EUR 5.14 and EUR 33.54 per pound(lb) in Riga and Daugavpils.
Wholesale prices
In 2024, the approximate wholesale price range for Latvia shark fins is between US$ 8.59 and US$ 56.03 per kilogram or between US$ 3.90 and US$ 25.41 per pound(lb).
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Latvia shark fins - Production, Exports, Imports, Seasons and HS Codes
The quantity of shark fins sold by Latvia in 2020 was 1,828 tonnes. In 2019 Latvia shipped 495 tonnes of shark fins. For 2019 alone, the demand for Latvia shark fins (fish category) has gone down, changing by -35.964 percent compared to the year 2018. Between 2017 and 2019, shark fins' exports reduced by -75.85% bringing Latvia US$0.36m for the year 2019. Latvia's shark fins exports are classified as:
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Frozen shark fins (HS code 030392)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Fresh or chilled shark fins (HS code 030292)
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Latvia shark fins export values
In 2019, Latvia sold shark fins worth 0.36m USD, a contraction of -25.62% from 2018's total shark fins export of 0.484m USD. The annual reduction in value of Latvia shark fins between 2017 to 2018 was -38.028 pc.
The annual variation in the quantity of Latvia's shark fins exports between 2017 and 2019 was -75.85 per cent when compared to a variation of -35.964% in the growth rate between 2018 and 2019.
Latvia's share of the world's total shark fins' exports in 2019 was less than 1%. Latvia is ranked position 19 in world exports of shark fins.
Export markets for Latvia shark fins ( in '000$ )
Import/Export Trends
Latvia is a net importer of shark fins. The annual growth of Latvia shark fins in value between 2015 to 2019 was 23%, per year, while annual growth in quantity through the same period was 19%, per annum.
Latvia imported 76 tonnes of shark fins in 2019.