Price for Fish; Live, Ornamental, Freshwater in Singapore - 2022
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Singapore (FOB) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Singapore (CIF) - 2022
- Exports of Fish; Live, Ornamental, Freshwater in Singapore
- Imports of Fish; Live, Ornamental, Freshwater in Singapore
Price for Fish; Live, Ornamental, Freshwater in Singapore (FOB) - 2022
The average fish; live, ornamental, freshwater export price stood at $117,301 per ton in 2022, surging by 89% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($121,184 per ton), while the average price for exports to the United Arab Emirates ($17,220 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 Spain (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in Singapore (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $65,297 per ton in 2022, increasing by 4.7% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; live, ornamental, freshwater import price decreased by -30.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 76%. As a result, import price attained the peak level of $93,377 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($66,028 per ton), while the price for Myanmar ($36,192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Live, Ornamental, Freshwater in Singapore
In 2022, overseas shipments of fish; live, ornamental, freshwater decreased by -54% to 299 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports reached the peak of 649 tons, and then dropped sharply in the following year.
In value terms, fish; live, ornamental, freshwater exports contracted to $35M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $40M, and then declined in the following year.
| Export of Fish; Live, Ornamental, Freshwater in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 7.7 | 12.7 | 11.0 | 8.6% |
| United Kingdom | 7.3 | 6.8 | 8.3 | 6.8 | -2.3% |
| Canada | 1.9 | 1.8 | 2.5 | 2.7 | 12.4% |
| Japan | 2.1 | 2.2 | 2.2 | 2.1 | 0.0% |
| Australia | 1.2 | 1.4 | 1.9 | 1.8 | 14.5% |
| Germany | 1.7 | 1.9 | 2.2 | 1.5 | -4.1% |
| Netherlands | 1.4 | 1.4 | 1.7 | 1.4 | 0.0% |
| Malaysia | 0.5 | 1.0 | 1.3 | 1.0 | 26.0% |
| Spain | 0.9 | 0.8 | 0.9 | 0.8 | -3.9% |
| France | 0.8 | 0.8 | 1.0 | 0.6 | -9.1% |
| Italy | 0.7 | 0.6 | 0.7 | 0.5 | -10.6% |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| China | 0.3 | N/A | N/A | N/A | 0% |
| Others | 6.7 | 4.5 | 4.9 | 4.6 | -11.8% |
| Total | 34.1 | 30.9 | 40.2 | 35.0 | 0.9% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Singapore in 2022:
- United States (90.5 tons)
- United Kingdom (56.0 tons)
- Canada (22.5 tons)
- Japan (17.5 tons)
- Australia (14.9 tons)
- Germany (12.8 tons)
- Netherlands (11.9 tons)
- Malaysia (8.1 tons)
- United Arab Emirates (7.8 tons)
- Spain (6.3 tons)
- France (5.1 tons)
- Italy (4.4 tons)
Imports of Fish; Live, Ornamental, Freshwater in Singapore
Fish; live, ornamental, freshwater imports into Singapore reduced to 177 tons in 2022, with a decrease of -9% against the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +48.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of 194 tons, and then declined in the following year.
In value terms, fish; live, ornamental, freshwater imports declined modestly to $12M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $12M, and then contracted modestly in the following year.
| Import of Fish; Live, Ornamental, Freshwater in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2,813 | 2,469 | 3,265 | 3,108 | 3.4% |
| Indonesia | 2,447 | 2,137 | 2,568 | 2,780 | 4.3% |
| Thailand | 1,028 | 1,137 | 1,573 | 1,270 | 7.3% |
| China | 622 | 781 | 977 | 825 | 9.9% |
| Colombia | 554 | 498 | 849 | 674 | 6.8% |
| Vietnam | 408 | 429 | 635 | 536 | 9.5% |
| Taiwan (Chinese) | 736 | 643 | 581 | 506 | -11.7% |
| Japan | 334 | 170 | 390 | 408 | 6.9% |
| India | 250 | 239 | 380 | 380 | 15.0% |
| Brazil | 583 | 294 | 380 | 355 | -15.2% |
| Peru | 93.8 | 283 | 229 | 230 | 34.8% |
| Myanmar | 118 | 113 | 123 | 170 | 12.9% |
| Others | 308 | 230 | 169 | 302 | -0.7% |
| Total | 10,296 | 9,424 | 12,119 | 11,546 | 3.9% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Singapore in 2022:
- Malaysia (47.1 tons)
- Indonesia (42.1 tons)
- Thailand (19.2 tons)
- China (12.5 tons)
- Colombia (10.2 tons)
- Vietnam (8.1 tons)
- Taiwan (Chinese) (7.7 tons)
- Japan (6.2 tons)
- India (5.8 tons)
- Brazil (5.4 tons)
- Myanmar (4.7 tons)
- Peru (3.5 tons)
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