Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia - 2022
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia (FOB) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia (CIF) - 2022
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia (FOB) - 2022
In March 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $14,020 per ton, with an increase of 7.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in May 2021 when the average export price increased by 9.7% m-o-m. Over the period under review, the average export prices hit record highs in March 2022.
Average prices varied noticeably for the major export markets. In March 2022, the highest price was recorded for prices to Germany ($15,513 per ton) and Canada ($14,740 per ton), while the average price for exports to the United States ($13,538 per ton) and Australia ($13,815 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia (CIF) - 2022
The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $13,484 per ton in January 2022, with a decrease of -50.9% against the previous month. Over the period under review, the import price faced a sharp decline. As a result, import price reached the peak level of $27,442 per ton, and then reduced dramatically in the following month.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From December 2021 to January 2022, the rate of growth in terms of prices for Japan amounted to +0.4% per month.
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia
For the third consecutive year, Indonesia recorded decline in shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s, which decreased by -23.8% to 1.1K tons in 2022. Over the period under review, exports continue to indicate a significant decrease.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s declined significantly to $14M in 2022. In general, exports saw a sharp reduction.
Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 1.6 | 1.3 | 5.2 | 7.4 | 66.6% |
United States | 5.7 | 3.7 | 5.2 | 3.3 | -16.7% |
Canada | N/A | N/A | 0.7 | 1.6 | 128.6% |
Singapore | 1.2 | 0.9 | 0.6 | 0.6 | -20.6% |
Germany | 0.5 | 0.1 | 0.7 | 0.4 | -7.2% |
Malaysia | 0.5 | 0.1 | N/A | 0.3 | -15.7% |
Thailand | 1.6 | 0.5 | 0.2 | 0.2 | -50.0% |
France | 0.5 | 0.2 | 0.3 | 0.1 | -41.5% |
Japan | 19.1 | 15.4 | 4.4 | N/A | -52.0% |
Others | 0.6 | 0.1 | 0.2 | 0.1 | -45.0% |
Total | 31.4 | 22.4 | 17.6 | 14.1 | -23.4% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Indonesia in 2022:
- Australia (663.4 tons)
- United States (232.6 tons)
- Canada (110.2 tons)
- Singapore (49.0 tons)
- Malaysia (30.0 tons)
- Germany (28.4 tons)
- Thailand (12.5 tons)
- France (8.3 tons)
- Japan (3.1 tons)
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia
For the third consecutive year, Indonesia recorded growth in supplies from abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s, which increased by 4,718% to 25 tons in 2022. Over the period under review, imports saw a significant increase. 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 $40K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 9,365% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Vietnam | N/A | N/A | 31.8 | 0% | |
Others | 0.1 | 8.3 | 8.1 | 800.0% | |
Total | 0.1 | 8.3 | 39.9 | 1897.5% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Indonesia in 2022:
- Vietnam (25.0 tons)
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