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

Contents:

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

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

In 2022, the average import price for fish; live, ornamental, other than freshwater amounted to $13,943 per ton, increasing by 10% against the previous year. In general, the import price saw a tangible expansion. The most prominent rate of growth was recorded in 2020 an increase of 131%. The import price peaked at $21,625 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($15,842 per ton), while the price for Thailand totaled $6,565 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+44.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $17,226 per ton, increasing by 55% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($17,356 per ton), while the average price for exports to Pakistan ($17,204 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 Pakistan (+126.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of fish; live, ornamental, other than freshwater into Vietnam totaled 8.1 tons in 2022, with an increase of 4.2% on the year before. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish; live, ornamental, other than freshwater rose remarkably to $113K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 51%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Fish; Live, Ornamental, Other than Freshwater in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia30.648.950.410249.4%
Thailand2.45.615.010.965.6%
Malaysia0.60.86.2N/A221.5%
Papua New Guinea4.1N/AN/AN/A0%
Taiwan (Chinese)6.710.223.0N/A85.3%
Others1.53.94.1N/A65.3%
Total46.069.498.711334.9%

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

  1. Indonesia (6.4 tons)
  2. Thailand (1.7 tons)

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

In 2022, approx. 645 kg of fish; live, ornamental, other than freshwater were exported from Vietnam; waning by -97% on the previous year's figure. Over the period under review, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 82%.

In value terms, exports of fish; live, ornamental, other than freshwater fell remarkably to $11K in 2022. In general, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 87% against the previous year.

Export of Fish; Live, Ornamental, Other than Freshwater in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan2.3N/AN/A6.843.5%
Kuwait2.60.50.93.510.4%
Poland0.60.20.30.810.1%
South Korea65530.078.7N/A-65.3%
Brunei Darussalam22.8N/AN/AN/A0%
United Arab Emirates16447.969.2N/A-35.0%
South Africa15416.429.4N/A-56.3%
Netherlands16.82.73.5N/A-54.4%
Others17632.060.6N/A-41.3%
Total1,19413024311.1-79.0%

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

  1. Pakistan (397.0 kg)
  2. Kuwait (203.0 kg)
  3. Poland (45.0 kg)

Source: IndexBox Market Intelligence Platform

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