Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan (CIF) - 2023
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan (FOB) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan (CIF) - 2023
In November 2023, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $6,738 per ton, growing by 2.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 28% m-o-m. As a result, import price reached the peak level of $9,374 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Iceland ($13,275 per ton), while the price for the United States ($6,297 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan (FOB) - 2022
The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $8,161 per ton in 2022, falling by -11.3% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2016 an increase of 48% against the previous year. As a result, the export price reached the peak level of $10,842 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($14,956 per ton), while the average price for exports to Thailand ($5,889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan
In 2022, approx. 1.1K tons of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were imported into Japan; with a decrease of -31.9% on the previous year's figure. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 7.3% against the previous year.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s reduced dramatically to $7.2M in 2022. Overall, imports faced a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 4.5%.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.0 | 3.8 | 5.1 | 4.5 | -9.1% |
| United States | 6.9 | 4.8 | 4.0 | 2.6 | -27.8% |
| South Korea | 0.4 | N/A | N/A | 0.1 | -37.0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 13.3 | 8.8 | 9.2 | 7.2 | -18.5% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Japan in 2022:
- Russia (699.6 tons)
- United States (357.4 tons)
- South Korea (19.3 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Japan
In 2022, the amount of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s exported from Japan skyrocketed to 23 tons, picking up by 512% compared with 2021 figures. In general, exports saw a significant increase.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s soared to $184K in 2022. Overall, exports showed a significant increase. 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 Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 18.8 | 45.7 | 12.2 | 73.6 | 57.6% |
| Singapore | N/A | N/A | 17.2 | 56.1 | 226.2% |
| Hong Kong SAR | N/A | 108 | N/A | 54.6 | -28.9% |
| Malaysia | 16.9 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | 17.1 | N/A | N/A | 0% |
| Others | 1.9 | 3.3 | 4.5 | N/A | 53.9% |
| Total | 37.6 | 174 | 33.9 | 184 | 69.8% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Japan in 2022:
- Thailand (12.5 tons)
- Hong Kong SAR (6.3 tons)
- Singapore (3.7 tons)
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