Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia - 2023
Contents:
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia (CIF) - 2022
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia (FOB) - 2022
- Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia
- Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $5,323 per ton, dropping by -2.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 681%. Over the period under review, average import prices attained the maximum at $6,436 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,589 per ton), while the price for Thailand ($5,141 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia (FOB) - 2022
The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $15,617 per ton in 2022, with an increase of 247% against the previous year. Overall, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +4.6% per year.
Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia
In 2022, purchases abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s was finally on the rise to reach 432 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a mild setback.
In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s surged to $2.3M in 2022. Overall, imports, however, recorded a abrupt setback.
Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 2,083 | 1,653 | 1,182 | 1,805 | -4.7% |
Myanmar | N/A | N/A | N/A | 277 | 0% |
China | 635 | 248 | 298 | 168 | -35.8% |
Argentina | 107 | N/A | 81.9 | N/A | -12.5% |
Poland | N/A | 23.2 | N/A | N/A | 0% |
Taiwan (Chinese) | 85.9 | 186 | N/A | N/A | 116.5% |
Others | 4.7 | 32.5 | 43.6 | 49.4 | 119.0% |
Total | 2,916 | 2,143 | 1,606 | 2,299 | -7.6% |
Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Malaysia in 2022:
- Thailand (351.0 tons)
- Myanmar (50.4 tons)
- China (25.5 tons)
Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia
In 2022, approx. 60 kg of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were exported from Malaysia; shrinking by -99.9% against the previous year. In general, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 46%. As a result, the exports reached the peak of 42 tons, and then declined significantly in the following year.
In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s declined markedly to $937 in 2022. Over the period under review, exports showed a significant decline. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $187K, and then declined rapidly in the following year.
Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 0.9 | 0% |
Singapore | 128 | 141 | 187 | N/A | 20.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 128 | 141 | 187 | 0.9 | -80.8% |
Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Malaysia in 2022:
- Australia (60.0 kg)
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