Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the Philippines - 2023
Contents:
- Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the Philippines (CIF) - 2022
- Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the Philippines
Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the Philippines (CIF) - 2022
The average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,405 per ton in 2022, falling by -3.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $6,626 per ton in 2021, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($6,407 per ton) and China ($6,405 per ton), while the price for Norway ($6,402 per ton) and Singapore ($6,405 per ton) were amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.0%).
Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the Philippines
In 2022, approx. 16 tons of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were imported into the Philippines; jumping by 46% compared with 2021 figures. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s skyrocketed to $101K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 68.3 | 0% |
| China | 1.2 | N/A | 48.3 | 24.0 | 171.4% |
| Indonesia | N/A | N/A | N/A | 4.8 | 0% |
| Norway | N/A | N/A | N/A | 3.2 | 0% |
| Netherlands | N/A | N/A | 9.2 | N/A | 0% |
| Others | 0.2 | N/A | 14.5 | 0.9 | 65.1% |
| Total | 1.3 | N/A | 72.0 | 101 | 326.7% |
Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to the Philippines in 2022:
- Singapore (10.7 tons)
- China (3.7 tons)
- Indonesia (0.8 tons)
- Norway (0.5 tons)
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