Price for Fish; Live, Ornamental, Other than Freshwater in Myanmar - 2022

Contents:

1. Price for Fish; Live, Ornamental, Other than Freshwater in Myanmar (CIF) - 2022
2. Price for Fish; Live, Ornamental, Other than Freshwater in Myanmar (FOB) - 2022
3. Imports of Fish; Live, Ornamental, Other than Freshwater in Myanmar
4. Exports of Fish; Live, Ornamental, Other than Freshwater in Myanmar

Price for Fish; Live, Ornamental, Other than Freshwater in Myanmar (CIF) - 2022

The average import price for fish; live, ornamental, other than freshwater stood at $983 per ton in 2022, declining by -66.1% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 138% against the previous year. The import price peaked at $8,648 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Singapore ($1,400 per ton), while the price for Thailand amounted to $900 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+69.3%), while the prices for the other major suppliers experienced a decline.

Price for Fish; Live, Ornamental, Other than Freshwater in Myanmar (FOB) - 2022

The average export price for fish; live, ornamental, other than freshwater stood at $8,367 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 1,683%. Over the period under review, the average export prices attained the peak figure at $16,020 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($8,868 per ton), while the average price for exports to Malaysia amounted to $8,180 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-5.4%), while the prices for the other major destinations experienced a decline.

Imports of Fish; Live, Ornamental, Other than Freshwater in Myanmar

In 2022, the amount of fish; live, ornamental, other than freshwater imported into Myanmar skyrocketed to 600 kg, growing by 37% against the previous year's figure. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 134%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fish; live, ornamental, other than freshwater reduced dramatically to $590 in 2022. Overall, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $1.3K, and then declined sharply in the following year.

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Myanmar in 2022:

1. Thailand (500.0 kg)
2. Singapore (100.0 kg)

Exports of Fish; Live, Ornamental, Other than Freshwater in Myanmar

In 2022, overseas shipments of fish; live, ornamental, other than freshwater were finally on the rise to reach 420 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt contraction.

In value terms, exports of fish; live, ornamental, other than freshwater skyrocketed to $3.5K in 2022. Overall, exports, however, continue to indicate a deep downturn.

Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Myanmar in 2022:

1. Malaysia (306.0 kg)
2. Thailand (114.0 kg)

Source: IndexBox Market Intelligence Platform