Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan (CIF) - 2023
  2. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan
  4. Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan

Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan (CIF) - 2023

The average import price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $6,676 per ton in November 2023, declining by -1.9% against the previous month. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in February 2023 an increase of 12% against the previous month. The import price peaked at $9,938 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($7,302 per ton), while the price for Taiwan (Chinese) ($5,931 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vanuatu (-2.5%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan (FOB) - 2022

The average export price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $21,457 per ton in 2022, increasing by 11% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, swordfish (xiphias gladius)s increased by +14.7% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 32%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($21,442 per ton), while the average price for exports to Hong Kong SAR amounted to $19,198 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.8%).

Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan

In 2022, supplies from abroad of fish fillets; frozen, swordfish (xiphias gladius)s decreased by -33.6% to 1.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 14%. As a result, imports reached the peak of 2.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s contracted remarkably to $12M in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1.7% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)7.58.36.66.6-4.2%
Indonesia1.61.51.31.95.9%
Vanuatu2.93.03.51.7-16.3%
China2.22.72.90.7-31.7%
Vietnam0.30.80.20.410.1%
Seychelles2.51.5N/A0.3-50.7%
Others1.00.40.30.1-53.6%
Total18.018.314.911.8-13.1%

Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Japan in 2022:

  1. Taiwan (Chinese) (673.0 tons)
  2. Indonesia (216.9 tons)
  3. Vanuatu (185.1 tons)
  4. China (77.5 tons)
  5. Vietnam (47.0 tons)
  6. Seychelles (31.6 tons)

Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan

In 2022, the amount of fish fillets; frozen, swordfish (xiphias gladius)s exported from Japan dropped notably to 23 tons, waning by -26.9% against 2021 figures. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year.

In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s dropped rapidly to $499K in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year.

Export of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea581291443481-6.1%
Hong Kong SAR32.816.016313.7-25.2%
Others9.02.66.44.4-21.2%
Total623309613499-7.1%

Top Export Markets for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) from Japan in 2022:

  1. South Korea (22.4 tons)
  2. Hong Kong SAR (0.7 tons)

Source: IndexBox Market Intelligence Platform

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