Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China (CIF) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China (FOB) - 2023
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China (CIF) - 2022
The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $19,729 per ton in 2022, falling by -5.9% against the previous year. Overall, the import price, however, enjoyed mild growth. The pace of growth was the most pronounced in 2017 an increase of 94%. The import price peaked at $27,496 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($19,729 per ton), while the price for Japan stood at $19,642 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+15.6%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China (FOB) - 2023
In December 2023, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $12,672 per ton, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in August 2023 an increase of 5.2% m-o-m. The export price peaked in December 2023.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From December 2022 to December 2023, the rate of growth in terms of prices for Hong Kong SAR amounted to +1.2% per month.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China
In 2022, after two years of decline, there was significant growth in purchases abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s, when their volume increased by 1,357% to 120 tons. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $2.4M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | 38.5 | 18.7 | 2,363 | 683.4% |
| Japan | 306 | 251 | 154 | 3.0 | -78.6% |
| Sri Lanka | 71.9 | 5.9 | N/A | N/A | -91.8% |
| Others | 37.3 | 3.1 | N/A | N/A | -91.7% |
| Total | 415 | 298 | 173 | 2,366 | 78.6% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to China in 2022:
- Norway (119.8 tons)
- Japan (0.2 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China
In 2022, approx. 144 tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were exported from China; with an increase of 1,806% on the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 37,690%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s skyrocketed to $1.5M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 69,138% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Hong Kong SAR | N/A | 53.3 | 1,453 | 2626.1% | |
| Macao SAR | N/A | N/A | 32.4 | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.1 | 53.3 | 1,485 | 12086.1% | |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from China in 2022:
- Hong Kong SAR (141.1 tons)
- Macao SAR (2.9 tons)
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