Price for Fish; Live, Ornamental, Other than Freshwater in Thailand - 2024
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Thailand (FOB) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Thailand (CIF) - 2022
- Exports of Fish; Live, Ornamental, Other than Freshwater in Thailand
- Imports of Fish; Live, Ornamental, Other than Freshwater in Thailand
Price for Fish; Live, Ornamental, Other than Freshwater in Thailand (FOB) - 2022
In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $37,866 per ton, approximately equating the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 84%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($168,953 per ton), while the average price for exports to Hong Kong SAR ($18,410 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 Vietnam (+144.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Other than Freshwater in Thailand (CIF) - 2022
The average import price for fish; live, ornamental, other than freshwater stood at $35,076 per ton in 2022, jumping by 31% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 54% against the previous year. As a result, import price reached the peak level of $35,170 per ton. From 2020 to 2022, the average 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 Indonesia ($66,250 per ton), while the price for Taiwan (Chinese) ($15,096 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Djibouti (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Live, Ornamental, Other than Freshwater in Thailand
In 2022, overseas shipments of fish; live, ornamental, other than freshwater increased by 10% to 9.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp slump.
In value terms, exports of fish; live, ornamental, other than freshwater rose significantly to $376K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 increased by +45.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Fish; Live, Ornamental, Other than Freshwater in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.8 | 227 | 259 | 290 | 67.4% |
| United Kingdom | 10.0 | 23.6 | 33.8 | 25.2 | 36.1% |
| Hong Kong SAR | 0.3 | 1.6 | 0.6 | 11.5 | 237.2% |
| Japan | 0.5 | 1.6 | 12.6 | 8.7 | 159.1% |
| Singapore | 0.3 | 0.6 | 3.7 | 4.9 | 153.7% |
| United Arab Emirates | 190 | N/A | N/A | 2.9 | -75.2% |
| Others | 5.7 | 3.5 | 27.6 | 33.0 | 79.6% |
| Total | 268 | 258 | 338 | 376 | 11.9% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Thailand in 2022:
- United States (8.2 tons)
- Hong Kong SAR (0.6 tons)
- Singapore (0.2 tons)
- Japan (0.2 tons)
- United Arab Emirates (0.1 tons)
- United Kingdom (0.1 tons)
Imports of Fish; Live, Ornamental, Other than Freshwater in Thailand
For the third consecutive year, Thailand recorded decline in purchases abroad of fish; live, ornamental, other than freshwater, which decreased by -11.9% to 10 tons in 2022. Over the period under review, imports saw a drastic downturn. The smallest decline of -8.4% was in 2020.
In value terms, imports of fish; live, ornamental, other than freshwater surged to $363K in 2022. In general, imports faced a abrupt descent.
| Import of Fish; Live, Ornamental, Other than Freshwater in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 284 | 141 | 95.0 | 154 | -18.5% |
| Philippines | 138 | 195 | 149 | 108 | -7.8% |
| United States | 38.0 | 24.5 | 11.2 | 65.7 | 20.0% |
| Hong Kong SAR | N/A | 7.3 | 9.4 | 7.3 | 0.0% |
| Brazil | 2.0 | 2.9 | 2.1 | 5.9 | 43.4% |
| Djibouti | 3.6 | 4.0 | 6.5 | 4.6 | 8.5% |
| Taiwan (Chinese) | 2.1 | 10.9 | 6.6 | 4.4 | 28.0% |
| Sri Lanka | 4.4 | 5.8 | 6.5 | 2.1 | -21.9% |
| Others | 33.2 | 11.2 | 28.5 | 11.1 | -30.6% |
| Total | 505 | 402 | 315 | 363 | -10.4% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Thailand in 2022:
- United States (3.3 tons)
- Philippines (3.2 tons)
- Indonesia (2.3 tons)
- Taiwan (Chinese) (0.3 tons)
- Hong Kong SAR (0.3 tons)
- Brazil (0.2 tons)
- Djibouti (0.2 tons)
- Sri Lanka (0.1 tons)
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