Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Vietnam - 2022
Contents:
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Vietnam (FOB) - 2022
- Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Vietnam
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Vietnam (FOB) - 2022
The average export price for fish stood at $1,085 per ton in 2022, reducing by -4.5% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 a decrease of -4.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,612 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($1,359 per ton), while the average price for exports to Moldova ($36 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 Ukraine (-4.7%), while the prices for the other major destinations experienced a decline.
Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Vietnam
In 2022, exports of fish from Vietnam totaled 35K tons, growing by 6.6% against the previous year. The total export volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish rose slightly to $38M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 32.6 | 33.5 | 34.3 | 35.0 | 2.4% |
| Egypt | 1.8 | 1.6 | 1.4 | 1.3 | -10.3% |
| New Caledonia | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Palestine | 0.4 | 0.5 | 0.5 | 0.7 | 20.5% |
| Trinidad and Tobago | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
| Moldova | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 36.4 | 37.0 | 37.7 | 38.4 | 1.8% |
Top Export Markets for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) from Vietnam in 2022:
- Ukraine (25.8K tons)
- Moldova (3.8K tons)
- New Caledonia (1.8K tons)
- Palestine (1.5K tons)
- Egypt (1.3K tons)
- Trinidad and Tobago (0.7K tons)
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