Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore - 2022
Contents:
- Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore (FOB) - 2022
- Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore (CIF) - 2022
- Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore
- Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore
Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore (FOB) - 2022
In September 2022, the average export price for fish fillets; frozen, swordfish (xiphias gladius)s amounted to $18,589 per ton, increasing by 1.7% against the previous month. Over the period under review, export price indicated resilient growth from September 2021 to September 2022: its price increased at an average monthly rate of +6.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for fish fillets; frozen, swordfish (xiphias gladius)s increased by +12.0% against April 2022 indices. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 27% month-to-month. Over the period under review, the average export prices hit record highs in September 2022.
Average prices varied noticeably for the major export markets. In September 2022, the country with the highest price was the United States ($19,632 per ton), while the average price for exports to Hong Kong SAR amounted to $15,968 per ton.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+126.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, swordfish (xiphias gladius)s amounted to $9,655 per ton, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $11,884 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,650 per ton), while the price for Thailand ($4,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore
In 2022, overseas shipments of fish fillets; frozen, swordfish (xiphias gladius)s were finally on the rise to reach 841 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a pronounced descent.
In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s surged to $9.6M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable 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, Swordfish (Xiphias Gladius) in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 6.3 | 6.0 | 7.7 | 8.1% |
| Japan | 0.9 | 0.5 | 0.7 | 1.1 | 6.9% |
| Hong Kong SAR | 0.2 | 0.3 | 0.4 | 0.5 | 35.7% |
| South Korea | N/A | 0.5 | N/A | 0.3 | -22.5% |
| Malaysia | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 7.5 | 7.7 | 7.3 | 9.6 | 8.6% |
Top Export Markets for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) from Singapore in 2022:
- United States (640.3 tons)
- Japan (114.1 tons)
- Hong Kong SAR (43.9 tons)
- South Korea (22.5 tons)
- Malaysia (14.2 tons)
Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore
In 2022, approx. 39 tons of fish fillets; frozen, swordfish (xiphias gladius)s were imported into Singapore; shrinking by -56.7% against the year before. In general, imports faced a deep slump. The growth pace was the most rapid in 2021 with an increase of 86%. As a result, imports attained the peak of 89 tons, and then fell markedly in the following year.
In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s dropped dramatically to $373K in 2022. Overall, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $852K, and then reduced sharply in the following year.
| Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 238 | 30.8 | 4.9 | 133 | -17.6% |
| Vietnam | N/A | 2.6 | 110 | 109 | 547.5% |
| Indonesia | 122 | 92.9 | 26.2 | 72.8 | -15.8% |
| Spain | 289 | 297 | 540 | 44.8 | -46.3% |
| Germany | N/A | N/A | N/A | 4.8 | 0% |
| Taiwan (Chinese) | 110 | 0.9 | 0.4 | 0.2 | -87.8% |
| Thailand | N/A | 55.6 | N/A | N/A | 0% |
| South Korea | N/A | N/A | 148 | N/A | 0% |
| Others | 35.3 | 7.1 | 22.0 | 8.5 | -37.8% |
| Total | 795 | 487 | 852 | 373 | -22.3% |
Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Singapore in 2022:
- China (14.7 tons)
- Vietnam (10.8 tons)
- Indonesia (6.3 tons)
- Spain (5.6 tons)
- Germany (0.6 tons)
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