Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore - 2022
Contents:
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore (CIF) - 2022
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore (FOB) - 2022
- Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore
- Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore (CIF) - 2022
The average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $4,642 per ton in September 2022, reducing by -30.2% against the previous month. Overall, the import price, however, continues to indicate temperate growth. The pace of growth was the most pronounced in January 2022 an increase of 508% m-o-m. As a result, import price reached the peak level of $19,321 per ton. From February 2022 to September 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Pakistan.
From September 2021 to September 2022, the rate of growth in terms of prices for Myanmar amounted to +8.6% per month.
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore (FOB) - 2022
The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $4,162 per ton in 2022, falling by -56.2% against the previous year. In general, the export price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 187%. Over the period under review, the average export prices reached the peak figure at $9,497 per ton in 2021, and then fell sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($7,253 per ton), while the average price for exports to Malaysia ($3,441 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 Vietnam (+21.1%), 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 Singapore
Imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s into Singapore dropped significantly to 530 tons in 2022, falling by -35.8% compared with the previous year. Overall, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of 825 tons, and then fell notably in the following year.
In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s reduced notably to $2M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports attained the peak of $2.6M, and then shrank rapidly in the following year.
| Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 610 | 742 | 2,120 | 1,393 | 31.7% |
| South Korea | N/A | 3.7 | 12.1 | 163 | 563.7% |
| China | 101 | 65.6 | 36.2 | 151 | 14.3% |
| Myanmar | N/A | N/A | 137 | 58.2 | -57.5% |
| Malaysia | 128 | 141 | 187 | 57.3 | -23.5% |
| India | 346 | 261 | N/A | N/A | -24.6% |
| Indonesia | 396 | 105 | 2.5 | N/A | -92.1% |
| Others | 119 | 211 | 126 | 204 | 19.7% |
| Total | 1,700 | 1,528 | 2,620 | 2,026 | 6.0% |
Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Singapore in 2022:
- Pakistan (450.2 tons)
- China (23.2 tons)
- Myanmar (19.0 tons)
- Malaysia (18.1 tons)
- South Korea (8.8 tons)
Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore
In 2022, approx. 6.3 tons of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were exported from Singapore; rising by 77% against the year before. In general, exports, however, saw a deep contraction.
In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s declined dramatically to $26K in 2022. Over the period under review, exports, however, recorded a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 31%. As a result, the exports attained the peak of $99K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.2 | 0.8 | 5.2 | 18.5 | 352.3% |
| Myanmar | 55.2 | 86.6 | 5.8 | 3.4 | -60.5% |
| Indonesia | 1.7 | 3.0 | 1.1 | 3.1 | 22.2% |
| Brunei Darussalam | 17.4 | 6.2 | 3.7 | 0.5 | -69.4% |
| Qatar | 0.3 | N/A | 8.2 | N/A | 422.8% |
| Others | 0.7 | 2.2 | 10.1 | 0.9 | 8.7% |
| Total | 75.5 | 98.9 | 34.1 | 26.4 | -29.5% |
Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Singapore in 2022:
- Malaysia (5.4 tons)
- Myanmar (0.5 tons)
- Indonesia (0.4 tons)
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