Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam - 2022
Contents:
- Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam (FOB) - 2022
- Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam (CIF) - 2022
- Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam
- Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam
Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam (FOB) - 2022
The average export price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $10,517 per ton in 2022, jumping by 17% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +23.6% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($10,517 per ton) and Australia ($10,517 per ton), while the average price for exports to Belgium ($10,516 per ton) and France ($10,517 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam (CIF) - 2022
The average import price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $2,747 per ton in 2022, falling by -28.7% against the previous year. In general, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2015 when the average import price increased by 120% against the previous year. The import price peaked at $11,600 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +8.3% per year.
Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam
In 2022, approx. 581 tons of fish fillets; frozen, swordfish (xiphias gladius)s were exported from Vietnam; surging by 2.9% against the year before. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of 628 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s surged to $6.1M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,399 | 4,018 | 3,356 | 3,622 | 14.7% |
| Japan | 722 | 637 | 287 | 698 | -1.1% |
| Canada | 33.7 | 18.3 | 124 | 473 | 141.2% |
| United Kingdom | 341 | 116 | 283 | 362 | 2.0% |
| France | 502 | 241 | 307 | 337 | -12.4% |
| Russia | N/A | 10.6 | N/A | 219 | 354.5% |
| Australia | 61.6 | 9.5 | 23.2 | 198 | 47.6% |
| Others | 699 | 292 | 689 | 198 | -34.3% |
| Total | 4,758 | 5,344 | 5,068 | 6,107 | 8.7% |
Top Export Markets for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) from Vietnam in 2022:
- United States (344.4 tons)
- Japan (66.4 tons)
- Canada (44.9 tons)
- United Kingdom (34.5 tons)
- France (32.1 tons)
- Russia (20.8 tons)
- Australia (18.8 tons)
Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam
In 2022, imports of fish fillets; frozen, swordfish (xiphias gladius)s into Vietnam dropped markedly to 1.4 tons, waning by -98% on the previous year. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 140,036%. As a result, imports attained the peak of 70 tons, and then reduced notably in the following year.
In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s declined rapidly to $3.8K in 2022. Overall, imports, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 46,477%. As a result, imports attained the peak of $270K, and then fell notably in the following year.
| Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 3.8 | 0% |
| South Korea | N/A | N/A | 7.8 | N/A | 0% |
| Sweden | N/A | N/A | 35.8 | N/A | 0% |
| Indonesia | N/A | N/A | 155 | N/A | 0% |
| Australia | N/A | N/A | 71.5 | N/A | 0% |
| Others | 3.7 | 0.6 | N/A | N/A | -83.8% |
| Total | 3.7 | 0.6 | 270 | 3.8 | 0.9% |
Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Vietnam in 2022:
- Singapore (1.4 tons)
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