Price for Fish; Edible Offal, Shark Fins in Brazil - 2023
Contents:
- Price for Fish; Edible Offal, Shark Fins in Brazil (FOB) - 2022
- Exports of Fish; Edible Offal, Shark Fins in Brazil
Price for Fish; Edible Offal, Shark Fins in Brazil (FOB) - 2022
In 2022, the average export price for fish; edible offal, shark finses amounted to $75,247 per ton, picking up by 40% against the previous year. In general, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 45%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($155,408 per ton), while the average price for exports to Hong Kong SAR stood at $72,409 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Fish; Edible Offal, Shark Fins in Brazil
In 2022, overseas shipments of fish; edible offal, shark finses decreased by -15.6% to 17 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 1.7% against the previous year. As a result, the exports reached the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fish; edible offal, shark fins exports soared to $1.3M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Fish; Edible Offal, Shark Fins in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 730 | 828 | 919 | 1,198 | 18.0% |
| Japan | 78.2 | 18.6 | 153 | 91.1 | 5.2% |
| Others | 21.8 | N/A | 20.2 | N/A | -3.7% |
| Total | 830 | 847 | 1,092 | 1,289 | 15.8% |
Top Export Markets for Fish; Edible Offal, Shark Fins from Brazil in 2022:
- Hong Kong SAR (16.5 tons)
- Japan (0.6 tons)
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