Price for Fish; Live, Ornamental, Freshwater in South Korea - 2022
Contents:
- Price for Fish; Live, Ornamental, Freshwater in South Korea (CIF) - 2022
- Price for Fish; Live, Ornamental, Freshwater in South Korea (FOB) - 2022
- Imports of Fish; Live, Ornamental, Freshwater in South Korea
- Exports of Fish; Live, Ornamental, Freshwater in South Korea
Price for Fish; Live, Ornamental, Freshwater in South Korea (CIF) - 2022
In 2022, the average fish; live, ornamental, freshwater import price amounted to $58,755 per ton, falling by -27.5% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 6.9%. Over the period under review, average import prices reached the peak figure at $109,782 per ton in 2014; however, from 2015 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 Japan ($161,072 per ton), while the price for Colombia ($33,954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in South Korea (FOB) - 2022
The average fish; live, ornamental, freshwater export price stood at $33,357 per ton in 2022, rising by 8.2% against the previous year. In general, the export price showed temperate growth. The pace of growth appeared the most rapid in 2018 an increase of 104% against the previous year. As a result, the export price attained the peak level of $72,406 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
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 Malaysia ($66,857 per ton), while the average price for exports to the UK ($1,000 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 Algeria (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Freshwater in South Korea
In 2022, imports of fish; live, ornamental, freshwater into South Korea soared to 108 tons, jumping by 34% against 2021. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish; live, ornamental, freshwater imports contracted modestly to $6.4M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of $6.6M, and then contracted in the following year.
Import of Fish; Live, Ornamental, Freshwater in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,397 | 1,879 | 1,579 | 2,117 | 14.9% |
Indonesia | 767 | 988 | 749 | 1,161 | 14.8% |
Sri Lanka | 303 | 274 | 312 | 634 | 27.9% |
Singapore | 661 | 621 | 436 | 600 | -3.2% |
Malaysia | 227 | 235 | 302 | 315 | 11.5% |
Vietnam | 77.3 | 123 | 136 | 263 | 50.4% |
Taiwan (Chinese) | 143 | 188 | 138 | 204 | 12.6% |
China | 317 | 186 | 253 | 200 | -14.2% |
Colombia | 116 | 65.9 | 118 | 148 | 8.5% |
Brazil | 130 | 33.9 | 104 | 88.8 | -11.9% |
Peru | 56.5 | 62.7 | 55.9 | 88.7 | 16.2% |
Others | 426 | 370 | 2,372 | 542 | 8.4% |
Total | 4,622 | 5,027 | 6,555 | 6,361 | 11.2% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to South Korea in 2022:
- Thailand (36.4 tons)
- Indonesia (23.0 tons)
- Sri Lanka (16.1 tons)
- Singapore (7.2 tons)
- Vietnam (5.3 tons)
- Colombia (4.4 tons)
- Malaysia (3.6 tons)
- Taiwan (Chinese) (2.3 tons)
- Brazil (2.2 tons)
- China (1.7 tons)
- Peru (1.7 tons)
Exports of Fish; Live, Ornamental, Freshwater in South Korea
In 2022, the amount of fish; live, ornamental, freshwater exported from South Korea dropped to 42 kg, falling by -4.5% compared with the year before. Over the period under review, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 33%.
In value terms, fish; live, ornamental, freshwater exports amounted to $1.4K in 2022. Overall, exports showed a sharp descent.
Export of Fish; Live, Ornamental, Freshwater in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 41.3 | 1.2 | 0.3 | 0.6 | -75.6% |
Malaysia | 23.6 | N/A | 1.0 | 0.5 | -72.3% |
Canada | N/A | N/A | N/A | 0.2 | 0% |
Japan | 1.2 | N/A | N/A | 0.1 | -56.3% |
Hong Kong SAR | 5.3 | 0.1 | N/A | 0.1 | -73.4% |
United Kingdom | 0.1 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 71.6 | 1.5 | 1.4 | 1.4 | -73.1% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from South Korea in 2022:
- United States (12.0 kg)
- Hong Kong SAR (10.0 kg)
- Japan (8.0 kg)
- Malaysia (7.0 kg)
- Canada (4.0 kg)
- United Kingdom (1.0 kg)
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