Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China - 2023
Contents:
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China (CIF) - 2022
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China (FOB) - 2022
- Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China
- Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China (CIF) - 2022
The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $46,647 per ton in 2022, rising by 4.4% against the previous year. Over the period under review, import price indicated a remarkable increase from 2017 to 2022: its price increased at an average annual rate of +11.0% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, toothfish (dissostichus spp.)s increased by +84.1% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 61% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2017 to 2022, the rate of growth in terms of prices for Chile amounted to +29.0% per year.
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, toothfish (dissostichus spp.)s amounted to $44,581 per ton, growing by 85% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 275% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +10.1% per year.
Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China
In 2022, approx. 21 tons of fish fillets; frozen, toothfish (dissostichus spp.)s were imported into China; waning by -17.1% against 2021 figures. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 22%.
In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s shrank to $988K in 2022. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. As a result, imports attained the peak of $1.1M, and then declined in the following year.
| Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 401 | 446 | 1,140 | 988 | 35.1% |
| Chile | 242 | 135 | 0.4 | N/A | -95.9% |
| New Zealand | 48.8 | N/A | N/A | N/A | 0% |
| Others | 31.9 | N/A | N/A | N/A | 0% |
| Total | 723 | 581 | 1,140 | 988 | 11.0% |
Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to China in 2022:
- Australia (21.2 tons)
Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China
In 2022, overseas shipments of fish fillets; frozen, toothfish (dissostichus spp.)s decreased by -99.7% to 31 kg, falling for the second year in a row after two years of growth. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s dropped markedly to $1.4K in 2022. Over the period under review, exports faced a precipitous contraction. The smallest decline of -1.3% was in 2020.
| Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 136 | 446 | 189 | 1.4 | -78.2% |
| Hong Kong SAR | 328 | N/A | 9.4 | N/A | -83.1% |
| Japan | N/A | 11.3 | 15.1 | N/A | 33.6% |
| Canada | N/A | N/A | 41.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 464 | 458 | 256 | 1.4 | -85.5% |
Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from China in 2022:
- Singapore (31.0 kg)
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