Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India
  4. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India (FOB) - 2022

The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $2,000 per ton in 2022, dropping by -52.6% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 4.9% against the previous year. The export price peaked at $6,741 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to -30.7% per year.

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India (CIF) - 2022

The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,911 per ton in 2022, rising by 2.6% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The import price peaked at $5,838 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($4,364 per ton), while the price for Turkey amounted to $2,904 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-6.3%).

Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India

In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s exported from India reduced rapidly to 1 kg, waning by 99.9% on the previous year's figure. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 763% against the previous year.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s declined significantly to $2 in 2022. In general, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 805%.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/AN/A0%
Austria2.8N/A1.7N/A-22.1%
Mauritius14.8N/AN/AN/A0%
MontenegroN/AN/A7.0N/A0%
SerbiaN/A1.0N/AN/A0%
Turkey0.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total17.91.08.7N/A-30.3%

Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from India in 2022:

  1. Spain (1.0 kg)

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India

In 2022, purchases abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s was finally on the rise to reach 1.4 tons after two years of decline. Over the period under review, imports, however, continue to indicate a deep reduction.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s rose significantly to $5.7K in 2022. Overall, imports, however, showed a abrupt shrinkage.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7.76.25.14.4-17.0%
TurkeyN/AN/AN/A1.30%
OthersN/AN/AN/AN/A0%
Total7.76.25.15.7-9.5%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to India in 2022:

  1. Brazil (999.0 kg)
  2. Turkey (450.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish fillets; frozen, hake (Merluccius spp., Urophycis spp.) - India