Price for Fish; Live, Ornamental, Freshwater in the UK - 2023
Contents:
- Price for Fish; Live, Ornamental, Freshwater in the UK (CIF) - 2023
- Price for Fish; Live, Ornamental, Freshwater in the UK (FOB) - 2023
- Imports of Fish; Live, Ornamental, Freshwater in the UK
- Exports of Fish; Live, Ornamental, Freshwater in the UK
Price for Fish; Live, Ornamental, Freshwater in the UK (CIF) - 2023
In May 2023, the average fish; live, ornamental, freshwater import price amounted to $28,482 per ton, picking up by 3.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 38% m-o-m. Over the period under review, average import prices hit record highs at $33,345 per ton in March 2023; however, from April 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Japan ($72,949 per ton), while the price for Ireland ($1,027 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Colombia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in the UK (FOB) - 2023
In May 2023, the average fish; live, ornamental, freshwater export price amounted to $10,418 per ton, which is down by -12.9% against the previous month. In general, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in October 2022 an increase of 87% m-o-m. The export price peaked at $13,493 per ton in March 2023; however, from April 2023 to May 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In May 2023, the countries with the highest prices were the United Arab Emirates ($14,894 per ton) and China ($14,819 per ton), while the average price for exports to the United States ($12,775 per ton) and Ireland ($14,091 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Freshwater in the UK
Fish; live, ornamental, freshwater imports into the UK declined modestly to 791 tons in 2022, dropping by -2.5% on the previous year. In general, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2.6% against the previous year.
In value terms, fish; live, ornamental, freshwater imports dropped to $21M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $22M, and then reduced in the following year.
| Import of Fish; Live, Ornamental, Freshwater in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 5.7 | 5.7 | 6.5 | 5.4 | -1.8% |
| Japan | 2.6 | 3.6 | 5.1 | 4.1 | 16.4% |
| Israel | 2.8 | 2.9 | 4.0 | 2.9 | 1.2% |
| Indonesia | 1.3 | 1.3 | 1.8 | 1.8 | 11.5% |
| Czech Republic | N/A | N/A | N/A | 1.7 | 0% |
| Sri Lanka | 0.9 | 1.1 | 1.1 | 1.0 | 3.6% |
| Thailand | 0.9 | 0.6 | 0.6 | 0.6 | -12.6% |
| Colombia | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Netherlands | 0.3 | 0.1 | N/A | 0.2 | -12.6% |
| Myanmar | N/A | N/A | 0.2 | N/A | 0% |
| Others | 1.8 | 1.2 | 2.1 | 2.3 | 8.5% |
| Total | 16.8 | 16.9 | 21.9 | 20.5 | 6.9% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to the UK in 2022:
- Singapore (258.0 tons)
- Israel (108.5 tons)
- Japan (75.1 tons)
- Sri Lanka (67.2 tons)
- Netherlands (66.1 tons)
- Indonesia (58.0 tons)
- Thailand (25.7 tons)
- Czech Republic (25.1 tons)
- Colombia (24.6 tons)
Exports of Fish; Live, Ornamental, Freshwater in the UK
In 2022, overseas shipments of fish; live, ornamental, freshwater decreased by -57.2% to 352 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a sharp decline. The growth pace was the most rapid in 2020 when exports increased by 48%. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, fish; live, ornamental, freshwater exports reduced dramatically to $2.7M in 2022. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 48%. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Fish; Live, Ornamental, Freshwater in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 9.8 | 4.3 | 1.2 | -37.9% |
| China | 3.0 | 4.1 | 1.1 | 0.5 | -45.0% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Ireland | 2.8 | 2.8 | 1.6 | 0.2 | -58.5% |
| Vietnam | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.3 | 0.5 | 0.6 | -5.0% |
| Total | 11.5 | 17.0 | 7.5 | 2.7 | -38.3% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from the UK in 2022:
- United States (102.5 tons)
- Ireland (36.9 tons)
- China (32.3 tons)
- United Arab Emirates (11.3 tons)
- Vietnam (3.0 tons)
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