Price for Fish; Live, Ornamental, Other than Freshwater in China - 2023
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in China (CIF) - 2023
- Price for Fish; Live, Ornamental, Other than Freshwater in China (FOB) - 2022
- Imports of Fish; Live, Ornamental, Other than Freshwater in China
- Exports of Fish; Live, Ornamental, Other than Freshwater in China
Price for Fish; Live, Ornamental, Other than Freshwater in China (CIF) - 2023
In December 2023, the average import price for fish; live, ornamental, other than freshwater amounted to $135K per ton, picking up by 18% against the previous month. Over the period under review, import price indicated a noticeable increase from December 2022 to December 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for fish; live, ornamental, other than freshwater decreased by -13.7% against October 2023 indices. The pace of growth was the most pronounced in October 2023 when the average import price increased by 31% m-o-m. As a result, import price reached the peak level of $157K per ton. From November 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Sri Lanka ($133K per ton), while the price for the Philippines ($107K per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish; Live, Ornamental, Other than Freshwater in China (FOB) - 2022
The average export price for fish; live, ornamental, other than freshwater stood at $44,211 per ton in 2022, increasing by 4% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2015 when the average export price increased by 156% against the previous year. The export price peaked at $51,291 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($72,703 per ton), while the average price for exports to Jordan ($4,296 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 Uganda (+1,053.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Other than Freshwater in China
Imports of fish; live, ornamental, other than freshwater into China reached 80 tons in 2022, surging by 15% against 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +75.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 53%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of fish; live, ornamental, other than freshwater totaled $6.8M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Fish; Live, Ornamental, Other than Freshwater in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.6 | 1.9 | 3.2 | 3.9 | 34.6% |
| Philippines | 0.9 | 1.0 | 1.3 | 1.7 | 23.6% |
| Sri Lanka | 0.3 | 0.3 | 0.6 | 0.9 | 44.2% |
| United States | 0.8 | 0.7 | 0.5 | N/A | -20.9% |
| Others | 0.5 | 0.4 | 0.4 | 0.2 | -26.3% |
| Total | 4.1 | 4.4 | 6.0 | 6.8 | 18.4% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to China in 2022:
- Indonesia (46.4 tons)
- Philippines (24.6 tons)
- Sri Lanka (8.6 tons)
Exports of Fish; Live, Ornamental, Other than Freshwater in China
In 2022, approx. 18 tons of fish; live, ornamental, other than freshwater were exported from China; waning by -43.3% on 2021. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 462% against the previous year. As a result, the exports reached the peak of 32 tons, and then reduced sharply in the following year.
In value terms, exports of fish; live, ornamental, other than freshwater fell notably to $805K in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 458%. As a result, the exports attained the peak of $1.4M, and then reduced dramatically in the following year.
| Export of Fish; Live, Ornamental, Other than Freshwater in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 20.4 | 15.2 | 20.6 | 35.7 | 20.5% |
| South Korea | 3.0 | 1.2 | 1.5 | 4.7 | 16.1% |
| Jordan | N/A | N/A | N/A | 1.0 | 0% |
| Macao SAR | 62.3 | 15.7 | 162 | N/A | 61.3% |
| Malaysia | 304 | 154 | 574 | N/A | 37.4% |
| United Arab Emirates | 85.2 | 36.0 | 12.4 | N/A | -61.9% |
| Others | 5.9 | 22.1 | 594 | 763 | 405.7% |
| Total | 481 | 245 | 1,365 | 805 | 18.7% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from China in 2022:
- Australia (0.5 tons)
- Jordan (0.2 tons)
- South Korea (0.1 tons)
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