Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore - 2023
Contents:
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore (FOB) - 2022
- Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore (CIF) - 2022
- Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore
- Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $13,764 per ton, picking up by 62% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 151%. Over the period under review, the average export prices reached the maximum at $17,146 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($14,601 per ton), while the average price for exports to Malaysia amounted to $10,766 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+16.6%).
Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $11,154 per ton, rising by 27% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +9.5% 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 +45.2% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 78% against the previous year. As a result, import price reached the peak level of $11,219 per ton; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($12,783 per ton), while the price for China amounted to $9,573 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%).
Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore
In 2022, the amount of fish fillets; frozen, haddock (melanogrammus aeglefinus)s exported from Singapore skyrocketed to 19 tons, rising by 916% compared with the previous year. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,133% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s surged to $259K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,401% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 6.7 | N/A | N/A | 211 | 215.8% |
| Malaysia | 7.0 | 0.2 | 15.7 | 43.5 | 83.9% |
| Hong Kong SAR | 2.9 | N/A | N/A | 3.9 | 10.4% |
| Others | 1.5 | 0.4 | N/A | N/A | -73.3% |
| Total | 18.1 | 0.6 | 15.7 | 259 | 142.8% |
Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Singapore in 2022:
- Qatar (14.5 tons)
- Malaysia (4.0 tons)
- Hong Kong SAR (0.3 tons)
Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore
In 2022, overseas purchases of fish fillets; frozen, haddock (melanogrammus aeglefinus)s decreased by -56.2% to 15 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 38%. As a result, imports attained the peak of 61 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s declined markedly to $169K in 2022. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 31%. As a result, imports attained the peak of $466K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 27.4 | 53.2 | 94.0 | 87.2 | 47.1% |
| China | 326 | 408 | 207 | 75.2 | -38.7% |
| Others | 3.4 | 4.5 | 3.0 | 6.3 | 22.8% |
| Total | 356 | 466 | 304 | 169 | -22.0% |
Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Singapore in 2022:
- China (7.9 tons)
- United Kingdom (6.8 tons)
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