Fish; Live, Carp Price in Singapore - 2022

Contents:

  1. Fish; Live, Carp Price in Singapore (CIF) - 2022
  2. Fish; Live, Carp Price in Singapore (FOB) - 2022
  3. Fish; Live, Carp Imports in Singapore
  4. Fish; Live, Carp Exports in Singapore

Fish; Live, Carp Price in Singapore (CIF) - 2022

The average fish; live, carp import price stood at $6,629 per ton in 2022, which is down by -8% against the previous year. Over the period under review, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 171%. As a result, import price reached the peak level of $7,208 per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($17,690 per ton), while the price for Malaysia stood at $5,957 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.4%).

Fish; Live, Carp Price in Singapore (FOB) - 2022

The average fish; live, carp export price stood at $15,863 per ton in 2022, falling by -25.9% against the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 161% against the previous year. The export price peaked at $21,411 per ton in 2021, and then declined significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +71.0% per year.

Fish; Live, Carp Imports in Singapore

In 2022, imports of fish; live, carps into Singapore reduced dramatically to 7.2 tons, declining by -58.4% on the previous year. In general, imports faced a precipitous curtailment.

In value terms, fish; live, carp imports fell rapidly to $47K in 2022. Over the period under review, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 2.3% against the previous year.

Import of Fish; Live, Carp in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia19373.141.040.2-40.7%
ChinaN/AN/A83.17.3-91.2%
Vietnam36.648.2N/AN/A31.7%
Others0.4N/AN/AN/A0%
Total23012112447.5-40.9%

Top Suppliers of Fish; Live, Carp to Singapore in 2022:

  1. Malaysia (6.8 tons)
  2. China (0.4 tons)

Fish; Live, Carp Exports in Singapore

In 2022, overseas shipments of fish; live, carps increased by 1,417% to 2.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fish; live, carp exports surged to $43K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish; Live, Carp in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A43.30%
France1.94.91.9N/A0.0%
Myanmar12.1N/AN/AN/A0%
CanadaN/A0.2N/AN/A0%
Others1.94.81.9N/A0.0%
Total15.99.93.943.339.6%

Top Export Markets for Fish; Live, Carp from Singapore in 2022:

  1. Indonesia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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