Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China (FOB) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China (CIF) - 2022
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China (FOB) - 2023
In December 2023, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,266 per ton, flattening at the previous month. In general, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in November 2023 an increase of 1.5% month-to-month. The export price peaked at $9,170 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($11,383 per ton), while the average price for exports to Spain ($5,080 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China (CIF) - 2022
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $9,400 per ton in 2022, declining by -4.4% against the previous year. Overall, the import price, however, recorded strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $9,837 per ton in 2021, and then shrank slightly in the following year.
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 Norway ($15,158 per ton), while the price for the United States ($2,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China
After two years of decline, overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by 10% to 103K tons in 2022. Over the period under review, exports, however, showed a abrupt descent.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $816M in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 273 | 229 | 216 | 383 | 11.9% |
| United Kingdom | 142 | 118 | 111 | 132 | -2.4% |
| Germany | 111 | 66.4 | 64.5 | 69.3 | -14.5% |
| Canada | 46.6 | 31.2 | 28.8 | 44.9 | -1.2% |
| France | 58.0 | 45.8 | 32.4 | 44.0 | -8.8% |
| Spain | 43.7 | 30.0 | 32.5 | 34.3 | -7.8% |
| Sweden | 39.1 | 28.6 | 23.1 | 26.8 | -11.8% |
| Japan | 14.0 | 8.4 | 11.0 | 10.7 | -8.6% |
| Others | 86.8 | 82.9 | 62.6 | 71.1 | -6.4% |
| Total | 814 | 640 | 582 | 816 | 0.1% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from China in 2022:
- United States (43.6K tons)
- United Kingdom (16.7K tons)
- Germany (10.2K tons)
- Spain (7.1K tons)
- Canada (5.6K tons)
- France (5.3K tons)
- Sweden (2.5K tons)
- Japan (1.5K tons)
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China
In 2022, overseas purchases of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -27.1% to 229 tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 31%. As a result, imports attained the peak of 416 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s plummeted to $2.2M in 2022. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 1,925 | 2,888 | 2,465 | 1,918 | -0.1% |
| Russia | 298 | 197 | N/A | 98.7 | -30.8% |
| United States | 103 | 245 | 174 | 76.2 | -9.6% |
| Norway | 165 | 75.5 | 448 | 58.3 | -29.3% |
| Others | 31.8 | 19.0 | N/A | N/A | -40.3% |
| Total | 2,523 | 3,425 | 3,088 | 2,151 | -5.2% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to China in 2022:
- Iceland (161.2 tons)
- United States (32.8 tons)
- Russia (31.1 tons)
- Norway (3.8 tons)
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