Price for Fish; Frozen, Livers and Roes in Hong Kong SAR - 2022
Contents:
- Price for Fish; Frozen, Livers and Roes in Hong Kong SAR (CIF) - 2022
- Price for Fish; Frozen, Livers and Roes in Hong Kong SAR (FOB) - 2022
- Imports of Fish; Frozen, Livers and Roes in Hong Kong SAR
- Exports of Fish; Frozen, Livers and Roes in Hong Kong SAR
Price for Fish; Frozen, Livers and Roes in Hong Kong SAR (CIF) - 2022
The average import price for fish; frozen, livers and roeses stood at $11,617 per ton in 2022, picking up by 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2015 an increase of 16%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
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 Japan ($15,316 per ton), while the price for South Korea ($422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Frozen, Livers and Roes in Hong Kong SAR (FOB) - 2022
The average export price for fish; frozen, livers and roeses stood at $3,545 per ton in 2022, approximately equating the previous year. Overall, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 101%. As a result, the export price reached the peak level of $7,028 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($126,506 per ton), while the average price for exports to Vietnam ($1,925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Frozen, Livers and Roes in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of fish; frozen, livers and roeses, which decreased by -11.4% to 634 tons in 2022. Overall, imports recorded a abrupt descent. The smallest decline of -11.2% was in 2020.
In value terms, fish; frozen, livers and roes imports fell to $7.4M in 2022. In general, imports recorded a deep contraction. The smallest decline of -8.6% was in 2021.
Import of Fish; Frozen, Livers and Roes in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.2 | 4.9 | 4.6 | 4.2 | -6.9% |
Spain | 0.9 | 0.9 | 0.9 | 0.9 | 0.0% |
Japan | 1.7 | 1.3 | 0.9 | 0.7 | -25.6% |
Indonesia | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Canada | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
Iceland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
South Korea | N/A | N/A | N/A | N/A | 0% |
Others | 0.9 | 0.9 | 0.9 | 1.0 | 3.6% |
Total | 9.7 | 8.8 | 8.1 | 7.4 | -8.6% |
Top Suppliers of Fish; Frozen, Livers and Roes to Hong Kong SAR in 2022:
- China (300.5 tons)
- Indonesia (97.7 tons)
- Spain (96.0 tons)
- Japan (44.2 tons)
- South Korea (37.8 tons)
- Iceland (34.2 tons)
- Canada (12.0 tons)
Exports of Fish; Frozen, Livers and Roes in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of fish; frozen, livers and roeses, which decreased by -4.3% to 433 tons in 2022. Overall, exports saw a pronounced curtailment.
In value terms, fish; frozen, livers and roes exports contracted slightly to $1.5M in 2022. In general, exports saw a pronounced reduction. The smallest decline of -4% was in 2021.
Export of Fish; Frozen, Livers and Roes in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 985 | 906 | 830 | 758 | -8.4% |
Taiwan (Chinese) | 361 | 377 | 392 | 406 | 4.0% |
China | 62.6 | 56.6 | 51.1 | 46.0 | -9.8% |
Others | 329 | 328 | 328 | 327 | -0.2% |
Total | 1,737 | 1,668 | 1,600 | 1,536 | -4.0% |
Top Export Markets for Fish; Frozen, Livers and Roes from Hong Kong SAR in 2022:
- Vietnam (393.7 tons)
- China (17.9 tons)
- Taiwan (Chinese) (15.1 tons)
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