Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia
  4. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $5,011 per ton, increasing by 15% against the previous year. In general, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. Over the period under review, average import prices reached the maximum at $8,179 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Uganda.

From 2013 to 2022, the rate of growth in terms of prices for Singapore amounted to +3.4% per year.

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $2,581 per ton, approximately mirroring the previous year. Over the period under review, the export price saw a significant decrease. The pace of growth appeared the most rapid in 2017 an increase of 1,234%. Over the period under review, the average export prices hit record highs at $13,359 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Australia amounted to -1.6% per year.

Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia

In 2022, imports of fish fillets; frozen, nile perch (lates niloticus)s into Malaysia skyrocketed to 38 tons, growing by 1,177% against 2021 figures. Overall, imports continue to indicate a remarkable increase.

In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s skyrocketed to $190K in 2022. Over the period under review, imports saw moderate growth.

Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda68.41183.619040.6%
Kenya67.081.01.7N/A-84.1%
Vietnam23.11607.1N/A-44.6%
Indonesia17.345.00.4N/A-84.8%
Others3.55.00.1N/A-83.1%
Total17941013.01902.0%

Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Malaysia in 2022:

  1. Uganda (38.0 tons)

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia

In 2022, shipments abroad of fish fillets; frozen, nile perch (lates niloticus)s decreased by 0% to 3 tons, falling for the second year in a row after two years of growth. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 7,837% against the previous year. As a result, the exports reached the peak of 10 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s stood at $7.8K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,609%. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.6N/AN/A7.8135.1%
Saudi ArabiaN/A15.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.615.5N/A7.8135.1%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Malaysia in 2022:

  1. Singapore (3.0 tons)

Source: IndexBox Market Intelligence Platform

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