Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Singapore - 2022

Contents:

  1. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Singapore (CIF) - 2022
  2. Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Singapore

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Singapore (CIF) - 2022

The average import price for fish; live, bluefin tunas (thunnus thynnus)s stood at $13,478 per ton in 2022, increasing by 5.8% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish; live, bluefin tunas (thunnus thynnus)s increased by +11.9% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 73%. The import price peaked at $19,700 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($13,485 per ton), while the price for Myanmar amounted to $13,462 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+2.7%).

Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Singapore

For the third year in a row, Singapore recorded decline in overseas purchases of fish; live, bluefin tunas (thunnus thynnus)s, which decreased by -85.1% to 471 kg in 2022. In general, imports saw a precipitous shrinkage. The smallest decline of -38.1% was in 2020.

In value terms, imports of fish; live, bluefin tunas (thunnus thynnus)s fell sharply to $6.3K in 2022. Over the period under review, imports recorded a sharp decrease. The smallest decline of -40.6% was in 2020.

Import of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia96.546.119.24.4-64.3%
Myanmar18.422.18.81.9-53.1%
CanadaN/AN/A12.4N/A0%
OthersN/AN/AN/AN/A0%
Total11568.340.36.3-62.0%

Top Suppliers of Fish; Live, Bluefin Tunas (Thunnus Thynnus) to Singapore in 2022:

  1. Australia (328.0 kg)
  2. Myanmar (143.0 kg)

Source: IndexBox Market Intelligence Platform

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