Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in the Philippines - 2023
Contents:
- Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in the Philippines (CIF) - 2022
- Imports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in the Philippines
Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in the Philippines (CIF) - 2022
The average import price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s stood at $4,079 per ton in 2022, picking up by 18% against the previous year. Overall, import price indicated a perceptible expansion from 2017 to 2022: its price increased at an average annual rate of +4.3% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s increased by +91.4% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 54%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($4,079 per ton), while the price for China amounted to $4,079 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+85.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in the Philippines
In 2022, purchases abroad of fish fillets; frozen, alaska pollack (theraga chalcogramma)s increased by 628% to 94 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep slump.
In value terms, imports of fish fillets; frozen, alaska pollack (theraga chalcogramma)s skyrocketed to $383K in 2022. Over the period under review, imports, however, continue to indicate a mild curtailment.
Import of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 109 | 23.1 | 43.6 | 344 | 46.7% |
Indonesia | N/A | N/A | N/A | 38.8 | 0% |
Vietnam | 71.6 | 29.3 | N/A | N/A | -59.1% |
United States | 213 | N/A | N/A | N/A | 0% |
Others | 3.6 | 5.9 | 1.0 | N/A | -47.3% |
Total | 397 | 58.3 | 44.6 | 383 | -1.2% |
Top Suppliers of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) to the Philippines in 2022:
- China (84.4 tons)
- Indonesia (9.5 tons)
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