Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR - 2023
Contents:
- Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR (CIF) - 2022
- Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR (FOB) - 2022
- Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR
- Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR
Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR (CIF) - 2022
The average import price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $17,040 per ton in 2022, rising by 54% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, swordfish (xiphias gladius)s increased by +70.9% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +4.6% per year.
Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR (FOB) - 2022
The average export price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $3,083 per ton in 2022, approximately equating the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 37%. The export price peaked at $6,622 per ton in 2012; however, from 2013 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 Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +20.2% per year.
Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR
In 2022, supplies from abroad of fish fillets; frozen, swordfish (xiphias gladius)s decreased by -99.7% to 200 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 77 tons, and then declined remarkably in the following year.
In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s shrank rapidly to $3.4K in 2022. In general, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of $851K, and then dropped notably in the following year.
| Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 24.8 | 13.1 | 28.1 | 3.4 | -48.4% |
| Spain | 167 | 181 | 198 | N/A | 8.9% |
| Thailand | 21.1 | 22.0 | 23.8 | N/A | 6.2% |
| Mozambique | N/A | 11.5 | N/A | N/A | 0% |
| Vietnam | 56.1 | 60.6 | 68.3 | N/A | 10.3% |
| Japan | 32.2 | 16.5 | 16.6 | N/A | -28.2% |
| Singapore | 233 | 333 | 489 | N/A | 44.9% |
| Others | 29.1 | 15.9 | 27.6 | N/A | -2.6% |
| Total | 564 | 653 | 851 | 3.4 | -81.8% |
Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Hong Kong SAR in 2022:
- Indonesia (200.0 kg)
Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR
In 2022, the amount of fish fillets; frozen, swordfish (xiphias gladius)s exported from Hong Kong SAR dropped significantly to 698 kg, which is down by -41.7% compared with the previous year's figure. Overall, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 499%.
In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s contracted dramatically to $2.2K in 2022. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 559% against the previous year. As a result, the exports reached the peak of $3.7K, and then declined significantly in the following year.
| Export of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 3.4 | 0.6 | 3.7 | 2.2 | -13.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.4 | 0.6 | 3.7 | 2.2 | -13.5% |
Top Export Markets for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) from Hong Kong SAR in 2022:
- Macao SAR (698.0 kg)
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