Price for Fish; Live, Ornamental, Freshwater in Hong Kong SAR - 2023
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Hong Kong SAR (CIF) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Hong Kong SAR (FOB) - 2022
- Imports of Fish; Live, Ornamental, Freshwater in Hong Kong SAR
- Exports of Fish; Live, Ornamental, Freshwater in Hong Kong SAR
Price for Fish; Live, Ornamental, Freshwater in Hong Kong SAR (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $30,110 per ton in 2022, declining by -41% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. As a result, import price reached the peak level of $93,419 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Singapore ($30,520 per ton) and Peru ($30,127 per ton), while the price for Malaysia ($30,091 per ton) and Colombia ($30,092 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-6.0%), while the prices for the other major suppliers experienced a decline.
Price for Fish; Live, Ornamental, Freshwater in Hong Kong SAR (FOB) - 2022
In 2022, the average fish; live, ornamental, freshwater export price amounted to $19,426 per ton, dropping by -58% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 66%. Over the period under review, the average export prices reached the peak figure at $122,013 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Japan ($52,826 per ton), while the average price for exports to Macao SAR ($14,570 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 the UK (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Freshwater in Hong Kong SAR
In 2022, the amount of fish; live, ornamental, freshwater imported into Hong Kong SAR soared to 113 tons, picking up by 26% compared with 2021 figures. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, fish; live, ornamental, freshwater imports shrank notably to $3.4M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The smallest decline of -5.6% was in 2021.
| Import of Fish; Live, Ornamental, Freshwater in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 411 | 211 | 386 | 961 | 32.7% |
| Thailand | 416 | 484 | 493 | 568 | 10.9% |
| Taiwan (Chinese) | 276 | 258 | 256 | 326 | 5.7% |
| China | 227 | 346 | 442 | 277 | 6.9% |
| Malaysia | 167 | 174 | 855 | 266 | 16.8% |
| Indonesia | 225 | 374 | 855 | 255 | 4.3% |
| Japan | 2,037 | 2,171 | 436 | 187 | -54.9% |
| Peru | 209 | 71.0 | 92.2 | 75.8 | -28.7% |
| Colombia | 301 | 69.8 | 121 | 65.4 | -39.9% |
| Others | 1,011 | 694 | 643 | 416 | -25.6% |
| Total | 5,278 | 4,853 | 4,579 | 3,397 | -13.7% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Hong Kong SAR in 2022:
- Brazil (31.9 tons)
- Thailand (18.9 tons)
- Taiwan (Chinese) (10.8 tons)
- China (9.2 tons)
- Malaysia (8.8 tons)
- Indonesia (8.5 tons)
- Japan (6.2 tons)
- Peru (2.5 tons)
- Colombia (2.2 tons)
Exports of Fish; Live, Ornamental, Freshwater in Hong Kong SAR
In 2022, approx. 71 tons of fish; live, ornamental, freshwater were exported from Hong Kong SAR; rising by 284% against the year before. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fish; live, ornamental, freshwater exports skyrocketed to $1.4M in 2022. In general, exports, however, continue to indicate a abrupt contraction.
| Export of Fish; Live, Ornamental, Freshwater in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | N/A | 3.4 | 17.0 | 908 | 1534.2% |
| United States | 673 | 672 | 491 | 358 | -19.0% |
| Taiwan (Chinese) | 193 | 160 | 151 | 14.2 | -58.1% |
| Philippines | 174 | 43.5 | 62.5 | 11.0 | -60.2% |
| Malaysia | 192 | 60.5 | N/A | N/A | -68.5% |
| South Africa | 16.7 | 5.6 | N/A | N/A | -66.5% |
| Others | 425 | 295 | 138 | 96.0 | -39.1% |
| Total | 1,674 | 1,240 | 860 | 1,387 | -6.1% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Hong Kong SAR in 2022:
- Macao SAR (62.3 tons)
- United States (6.8 tons)
- Taiwan (Chinese) (0.3 tons)
- Philippines (0.2 tons)
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