Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan - 2023
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan (CIF) - 2023
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan (FOB) - 2022
- Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan (CIF) - 2023
In November 2023, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $2,471 per ton, which is down by -10.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 38% against the previous month. As a result, import price attained the peak level of $3,229 per ton. From October 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($3,422 per ton), while the price for the United States ($2,122 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Iceland (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan (FOB) - 2022
The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $3,842 per ton in 2022, picking up by 9.8% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 215% against the previous year. Over the period under review, the average export prices attained the peak figure at $27,994 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($22,943 per ton), while the average price for exports to Vietnam ($1,727 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.4%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan
In 2022, approx. 2.7K tons of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s were imported into Japan; increasing by 26% on 2021 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years.
In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s surged to $6M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.6 | 2.8 | 3.1 | 3.6 | 11.5% |
| United States | 0.8 | 0.3 | 0.4 | 1.0 | 7.7% |
| Iceland | 1.1 | 1.1 | 0.3 | 0.8 | -10.1% |
| Russia | 0.7 | 1.0 | 1.0 | 0.5 | -10.6% |
| Canada | 0.3 | 0.4 | N/A | N/A | 33.3% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 5.6 | 5.7 | 4.8 | 6.0 | 2.3% |
Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Japan in 2022:
- Norway (1737.5 tons)
- Iceland (408.2 tons)
- United States (407.4 tons)
- Russia (163.3 tons)
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan
In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s exported from Japan reduced sharply to 8.4 tons, which is down by -81.4% compared with 2021. Over the period under review, exports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 135% against the previous year.
In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s reduced dramatically to $32K in 2022. In general, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 146%. As a result, the exports reached the peak of $157K, and then dropped notably in the following year.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.9 | N/A | N/A | 22.5 | 192.4% |
| Vietnam | 33.6 | N/A | 16.6 | 5.7 | -44.6% |
| Hong Kong SAR | N/A | N/A | N/A | 4.0 | 0% |
| Cambodia | N/A | 37.4 | 132 | N/A | 252.9% |
| United Arab Emirates | N/A | 14.2 | N/A | N/A | 0% |
| Ghana | 29.5 | N/A | N/A | N/A | 0% |
| Others | 11.9 | 12.4 | 9.3 | N/A | -11.6% |
| Total | 75.9 | 64.1 | 157 | 32.2 | -24.9% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Japan in 2022:
- Taiwan (Chinese) (4.9 tons)
- Vietnam (3.3 tons)
- Hong Kong SAR (0.2 tons)
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