Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China - 2023
Contents:
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China (CIF) - 2023
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China (FOB) - 2023
- Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China
- Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China (CIF) - 2023
The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $1,593 per ton in December 2023, shrinking by -22.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 29% m-o-m. As a result, import price attained the peak level of $3,242 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Indonesia ($1,866 per ton), while the price for Portugal ($1,325 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Indonesia (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China (FOB) - 2023
In December 2023, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $3,632 per ton, shrinking by -57.4% against the previous month. Overall, the export price saw a pronounced downturn. The growth pace was the most rapid in May 2023 an increase of 128% m-o-m. Over the period under review, the average export prices reached the peak figure at $8,535 per ton in November 2023, and then plummeted in the following month.
Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was South Korea ($3,698 per ton), while the average price for exports to Thailand ($3,500 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China
In 2022, supplies from abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses was finally on the rise to reach 3.4K tons after two years of decline. In general, imports, however, continue to indicate a deep contraction.
In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $5.4M in 2022. Overall, imports, however, recorded a abrupt slump.
| Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.2 | 2.8 | 2.8 | 4.6 | 12.9% |
| Vietnam | 0.6 | 1.0 | 1.3 | 0.5 | -5.9% |
| Portugal | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Poland | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Taiwan (Chinese) | 1.9 | 0.2 | N/A | N/A | -89.5% |
| Others | 0.5 | 0.6 | N/A | N/A | 20.0% |
| Total | 6.8 | 4.9 | 4.5 | 5.4 | -7.4% |
Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to China in 2022:
- Norway (3141.6 tons)
- Portugal (150.0 tons)
- Vietnam (119.3 tons)
Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China
In 2022, overseas shipments of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by -40.5% to 1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year.
In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses declined notably to $4.3M in 2022. In general, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports attained the peak of $7.6M, and then reduced notably in the following year.
| Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.4 | 3.2 | 4.9 | 2.1 | 14.5% |
| Japan | 2.0 | 1.7 | 1.4 | 1.0 | -20.6% |
| Thailand | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Taiwan (Chinese) | 1.0 | 0.4 | 0.6 | 0.4 | -26.3% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 4.9 | 5.8 | 7.6 | 4.3 | -4.3% |
Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from China in 2022:
- South Korea (473.2 tons)
- Japan (326.2 tons)
- Thailand (180.0 tons)
- Taiwan (Chinese) (54.8 tons)
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