Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan - 2023
Contents:
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan (CIF) - 2023
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan (FOB) - 2022
- Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan
- Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan (CIF) - 2023
In November 2023, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $7,283 per ton, almost unchanged from the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 16% against the previous month. The import price peaked at $7,941 per ton in January 2023; however, from February 2023 to November 2023, 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 Norway ($10,876 per ton), while the price for the United States ($5,998 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 Russia (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan (FOB) - 2022
The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $27,775 per ton in 2022, declining by -14% against the previous year. In general, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of 173% against the previous year. The export price peaked at $35,913 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($32,649 per ton) and Thailand ($31,006 per ton), while the average price for exports to Singapore ($23,356 per ton) and Hong Kong SAR ($26,559 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan
In 2022, overseas purchases of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s increased by 7.5% to 11K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a slight setback.
In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s soared to $81M in 2022. Over the period under review, imports, however, continue to indicate a pronounced shrinkage.
| Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.4 | 37.7 | 36.5 | 39.4 | -0.8% |
| Greenland | 11.5 | 11.5 | 13.1 | 15.0 | 9.3% |
| Norway | 4.7 | 4.7 | 5.8 | 8.9 | 23.7% |
| Iceland | 2.4 | 3.0 | 2.3 | 7.6 | 46.8% |
| Russia | 19.6 | 9.3 | 6.5 | 4.3 | -39.7% |
| Canada | 2.9 | 2.4 | 1.5 | 2.1 | -10.2% |
| Vietnam | 1.8 | 1.3 | 0.8 | 1.1 | -15.1% |
| Others | 4.5 | 4.5 | 2.4 | 2.4 | -18.9% |
| Total | 87.7 | 74.3 | 68.9 | 80.8 | -2.7% |
Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Japan in 2022:
- United States (6.9K tons)
- Greenland (1.6K tons)
- Norway (0.8K tons)
- Iceland (0.7K tons)
- Russia (0.5K tons)
- Canada (0.3K tons)
- Vietnam (0.1K tons)
Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan
In 2022, the amount of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s exported from Japan reduced remarkably to 23 tons, shrinking by -23.4% compared with the year before. Overall, exports recorded a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of 30 tons, and then contracted rapidly in the following year.
In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s declined remarkably to $637K in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, the exports attained the peak of $967K, and then contracted rapidly in the following year.
| Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 315 | 211 | 166 | 311 | -0.4% |
| Hong Kong SAR | 208 | 338 | 597 | 114 | -18.2% |
| Thailand | 142 | 3.2 | N/A | 48.6 | -30.1% |
| Singapore | 28.0 | N/A | 4.9 | 41.0 | 13.6% |
| Vietnam | N/A | N/A | 13.9 | 39.2 | 182.0% |
| Macao SAR | N/A | 114 | 66.3 | 36.0 | -43.8% |
| Canada | 51.9 | N/A | 46.4 | 18.5 | -29.1% |
| United States | 155 | 69.2 | 71.2 | 17.4 | -51.8% |
| Others | 5.7 | 3.3 | 2.2 | 12.1 | 28.5% |
| Total | 906 | 739 | 967 | 637 | -11.1% |
Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Japan in 2022:
- Taiwan (Chinese) (11.6 tons)
- Hong Kong SAR (4.3 tons)
- Singapore (1.8 tons)
- Thailand (1.6 tons)
- Vietnam (1.2 tons)
- Macao SAR (1.2 tons)
- United States (0.6 tons)
- Canada (0.4 tons)
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