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

Contents:

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

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

The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,353 per ton in 2022, growing by 37% against the previous year. In general, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2018 an increase of 75% against the previous year. The import price peaked at $12,150 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($4,500 per ton), while the price for China amounted to $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.2%).

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

In 2022, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $3,178 per ton, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

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

In 2022, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Indonesia soared to 17 kg, picking up by 55% compared with 2021. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 92%. As a result, imports reached the peak of 23 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $74 in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore76.010234.072.0-1.8%
ChinaN/AN/AN/A2.00%
United StatesN/A10.0N/AN/A0%
TurkeyN/AN/A1.0N/A0%
OthersN/AN/AN/AN/A0%
Total76.011235.074.0-0.9%

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

  1. Singapore (16.0 kg)
  2. China (1.0 kg)

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

In 2022, approx. 214 kg of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were exported from Indonesia; approximately equating the previous year's figure. In general, exports continue to indicate a significant decrease. The smallest decline of 99.9% was in 2021.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $680 in 2022. Overall, exports recorded a precipitous decline. The smallest decline of 99.9% was in 2021.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Indonesia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/AN/A0.70%
Austria1.4N/AN/A0%
OthersN/AN/AN/A0%
Total1.4N/A0.7-29.3%

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

  1. United States (214.0 kg)

Source: IndexBox Market Intelligence Platform

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