Price for Fish; Live, Ornamental, Freshwater in Vietnam - 2022
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Vietnam (FOB) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Vietnam (CIF) - 2022
- Exports of Fish; Live, Ornamental, Freshwater in Vietnam
- Imports of Fish; Live, Ornamental, Freshwater in Vietnam
Price for Fish; Live, Ornamental, Freshwater in Vietnam (FOB) - 2022
The average fish; live, ornamental, freshwater export price stood at $315,634 per ton in 2022, with an increase of 6.3% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 88%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($347,453 per ton), while the average price for exports to Switzerland ($59,602 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 (+59.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in Vietnam (CIF) - 2022
In 2022, the average fish; live, ornamental, freshwater import price amounted to $91,535 per ton, surging by 7.9% against the previous year. Overall, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 76% against the previous year. As a result, import price attained the peak level of $93,389 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($93,274 per ton) and Malaysia ($93,177 per ton), while the price for Japan ($83,143 per ton) and Singapore ($93,113 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Live, Ornamental, Freshwater in Vietnam
In 2022, overseas shipments of fish; live, ornamental, freshwater decreased by -18.6% to 17 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -40.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 85%. As a result, the exports reached the peak of 28 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fish; live, ornamental, freshwater exports reduced to $5.3M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 32%.
| Export of Fish; Live, Ornamental, Freshwater in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 949 | 1,595 | 1,795 | 981 | 1.1% |
| United Kingdom | 278 | 284 | 695 | 634 | 31.6% |
| Czech Republic | 213 | 271 | 441 | 590 | 40.4% |
| Germany | 343 | 655 | 494 | 570 | 18.4% |
| Japan | 419 | 662 | 656 | 517 | 7.3% |
| Singapore | 318 | 365 | 501 | 477 | 14.5% |
| Sweden | 150 | 145 | 238 | 312 | 27.7% |
| France | 97.8 | 72.1 | 113 | 170 | 20.2% |
| United Arab Emirates | 31.2 | 26.2 | 16.0 | 169 | 75.6% |
| South Korea | 58.0 | 128 | 141 | 142 | 34.8% |
| Netherlands | 17.1 | 56.7 | 111 | 119 | 90.9% |
| Spain | 78.5 | 96.5 | 93.1 | 73.1 | -2.3% |
| Switzerland | 30.4 | 6.5 | 42.1 | 31.5 | 1.2% |
| Others | 730 | 534 | 821 | 543 | -9.4% |
| Total | 3,714 | 4,897 | 6,157 | 5,328 | 12.8% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Vietnam in 2022:
- United States (2.8 tons)
- United Kingdom (1.8 tons)
- Czech Republic (1.7 tons)
- Germany (1.6 tons)
- Japan (1.5 tons)
- Singapore (1.4 tons)
- United Arab Emirates (1.1 tons)
- Sweden (0.9 tons)
- France (0.5 tons)
- Switzerland (0.5 tons)
- South Korea (0.4 tons)
- Spain (0.4 tons)
- Netherlands (0.3 tons)
Imports of Fish; Live, Ornamental, Freshwater in Vietnam
After three years of growth, supplies from abroad of fish; live, ornamental, freshwater decreased by -20.5% to 33 tons in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 232%.
In value terms, fish; live, ornamental, freshwater imports declined to $3M in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 216%.
| Import of Fish; Live, Ornamental, Freshwater in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 176 | 426 | 1,640 | 1,405 | 99.9% |
| Malaysia | 29.8 | 410 | 1,527 | 706 | 187.2% |
| Japan | 111 | 224 | 333 | 461 | 60.7% |
| China | N/A | 2.4 | N/A | 428 | 1235.4% |
| Others | 38.0 | 60.7 | 42.0 | 38.2 | 0.2% |
| Total | 355 | 1,123 | 3,542 | 3,038 | 104.5% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Vietnam in 2022:
- Indonesia (15.1 tons)
- Malaysia (7.6 tons)
- Japan (5.5 tons)
- China (4.6 tons)
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