Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Hong Kong SAR - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Hong Kong SAR (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Hong Kong SAR

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Hong Kong SAR (CIF) - 2022

The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $28,706 per ton in 2022, leveling off at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the maximum at $45,946 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($37,340 per ton), while the price for Taiwan (Chinese) ($8,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Hong Kong SAR

In 2022, supplies from abroad of fish fillets; frozen, toothfish (dissostichus spp.)s decreased by 0% to 10 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2020 when imports increased by 114%. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s totaled $297K in 2022. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 187%. As a result, imports attained the peak of $588K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore18.650.5N/A211124.7%
Chile24.238.9N/A60.035.3%
Taiwan (Chinese)N/AN/AN/A25.60%
China8.538.2N/AN/A349.4%
Netherlands30.7128N/AN/A316.9%
Australia123324N/AN/A163.4%
OthersN/A8.8N/AN/A0%
Total205588N/A29713.2%

Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to Hong Kong SAR in 2022:

  1. Singapore (5.7 tons)
  2. Taiwan (Chinese) (3.0 tons)
  3. Chile (1.6 tons)

Source: IndexBox Market Intelligence Platform

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