Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Hong Kong SAR - 2023
Contents:
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Hong Kong SAR (CIF) - 2022
- Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Hong Kong SAR
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $10,064 per ton, jumping by 33% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s increased by +36.0% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 37%. As a result, import price attained the peak level of $10,757 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($11,503 per ton), while the price for the UK totaled $8,678 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Hong Kong SAR
After three years of growth, supplies from abroad of fish fillets; frozen, haddock (melanogrammus aeglefinus)s decreased by -81.9% to 1.8 tons in 2022. Overall, imports, however, posted a slight increase. The pace of growth appeared the most rapid in 2021 with an increase of 188%. As a result, imports attained the peak of 9.9 tons, and then shrank significantly in the following year.
In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s contracted dramatically to $18K in 2022. In general, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 187%. As a result, imports attained the peak of $75K, and then declined significantly in the following year.
| Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 5.5 | 34.8 | 10.1 | 48.2% |
| United Kingdom | 2.1 | 4.3 | 5.8 | 7.9 | 55.5% |
| Iceland | 0.5 | 0.3 | 1.0 | N/A | 41.4% |
| Singapore | 0.7 | 0.5 | 2.2 | N/A | 77.3% |
| Netherlands | 3.9 | 7.2 | 28.8 | N/A | 171.7% |
| Canada | 0.8 | 0.6 | 1.1 | N/A | 17.3% |
| Others | 1.7 | 7.8 | 1.4 | N/A | -9.3% |
| Total | 12.7 | 26.2 | 75.0 | 18.1 | 12.5% |
Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Hong Kong SAR in 2022:
- United Kingdom (914.0 kg)
- China (880.0 kg)
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