Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the Philippines - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the Philippines (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the Philippines

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the Philippines (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $3,125 per ton, approximately reflecting the previous year. Overall, the import price showed a deep setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 1.1%. As a result, import price attained the peak level of $5,584 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 ($6,836 per ton), while the price for Brazil stood at $209 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-6.3%).

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the Philippines

In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s imported into the Philippines totaled 10 tons, standing approx. at the previous year. In general, imports showed a dramatic decline. The smallest decline of 99.9% was in 2021.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s totaled $32K in 2022. Over the period under review, imports faced a dramatic curtailment. The smallest decline of 99.9% was in 2021.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the Philippines (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Singapore1.1N/A30.7428.3%
BrazilN/AN/A1.20%
Denmark61.7N/AN/A0%
Others0.9N/AN/A0%
Total63.7N/A31.9-29.2%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to the Philippines in 2022:

  1. Brazil (5.7 tons)
  2. Singapore (4.5 tons)

Source: IndexBox Market Intelligence Platform

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