Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States - 2023
Contents:
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States (CIF) - 2022
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States (FOB) - 2022
- Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States
- Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States (CIF) - 2022
The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $7,320 per ton in 2022, dropping by -2.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 112% against the previous year. Over the period under review, average import prices hit record highs at $10,654 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($19,858 per ton), while the price for the Philippines ($2,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+21.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States (FOB) - 2022
In 2022, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $3,140 per ton, growing by 6.4% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish; edible offal, other than shark fins, fish heads, tails and mawses increased by +42.5% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 74% against the previous year. Over the period under review, the average export prices reached the maximum at $3,952 per ton in 2019; however, from 2020 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 Canada ($3,816 per ton), while the average price for exports to Hong Kong SAR stood at $2,379 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+21.8%), 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 the United States
In 2022, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses into the United States skyrocketed to 121 tons, surging by 107% on the previous year's figure. In general, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses soared to $885K in 2022. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 455 | 35.8 | 307 | 748 | 18.0% |
| South Korea | 2.3 | 95.4 | 35.1 | 89.3 | 238.6% |
| Iceland | N/A | N/A | N/A | 19.9 | 0% |
| Philippines | N/A | N/A | N/A | 6.5 | 0% |
| Japan | 58.8 | N/A | N/A | N/A | 0% |
| China | 82.2 | 19.2 | 13.9 | N/A | -58.9% |
| Vietnam | 43.5 | N/A | 36.3 | N/A | -8.6% |
| Others | 59.8 | 87.9 | 45.2 | 21.4 | -29.0% |
| Total | 702 | 238 | 438 | 885 | 8.0% |
Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to the United States in 2022:
- Hong Kong SAR (107.5 tons)
- South Korea (6.9 tons)
- Philippines (2.4 tons)
- Iceland (2.3 tons)
Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States
In 2022, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses from the United States shrank rapidly to 2.6 tons, which is down by -51.8% on 2021 figures. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 219% against the previous year.
In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses dropped remarkably to $8.1K in 2022. Over the period under review, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 328%.
| Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 31.0 | N/A | N/A | 5.2 | -44.8% |
| Hong Kong SAR | 8.0 | N/A | N/A | 2.9 | -28.7% |
| Dominican Republic | 5.9 | N/A | N/A | N/A | 0% |
| Colombia | 210 | N/A | N/A | N/A | 0% |
| Germany | N/A | 3.7 | N/A | N/A | 0% |
| Mexico | 8.4 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | 10.2 | N/A | 0% |
| Others | N/A | N/A | 5.6 | N/A | 0% |
| Total | 263 | 3.7 | 15.8 | 8.1 | -68.7% |
Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from the United States in 2022:
- Canada (1.4 tons)
- Hong Kong SAR (1.2 tons)
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