Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Hong Kong SAR - 2022
Contents:
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Hong Kong SAR (CIF) - 2022
- Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Hong Kong SAR
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Hong Kong SAR (CIF) - 2022
The average import price for fish stood at $3,743 per ton in 2022, falling by -9.9% against the previous year. Over the period under review, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $8,718 per ton. From 2014 to 2022, the average 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 Taiwan (Chinese) ($10,638 per ton), while the price for Malaysia ($126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (+73.1%), while the prices for the other major suppliers experienced a decline.
Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Hong Kong SAR
Imports of fish into Hong Kong SAR reached 105 tons in 2022, surging by 5% compared with 2021. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 5%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of fish dropped to $393K in 2022. In general, imports, however, recorded a deep slump. The smallest decline of -5.4% was in 2021.
| Import of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 332 | 324 | 311 | 305 | -2.8% |
| Kenya | 105 | 87.2 | 71.3 | 59.6 | -17.2% |
| India | 24.1 | 25.3 | 26.2 | 27.6 | 4.6% |
| Malaysia | 3.4 | 2.4 | 1.6 | 1.2 | -29.3% |
| Suriname | N/A | 1.0 | 5.7 | N/A | 470.0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 465 | 439 | 416 | 393 | -5.5% |
Top Suppliers of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) to Hong Kong SAR in 2022:
- Kenya (35.1 tons)
- India (32.1 tons)
- Taiwan (Chinese) (28.7 tons)
- Malaysia (9.2 tons)
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