Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore - 2022
Contents:
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore (CIF) - 2022
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore (FOB) - 2022
- Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore
- Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore (CIF) - 2022
The average import price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $5,295 per ton in 2022, increasing by 9.4% against the previous year. Overall, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 61%. The import price peaked at $12,652 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Australia ($397,136 per ton), while the price for Taiwan (Chinese) ($2,819 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+49.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore (FOB) - 2022
The average export price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $27,901 per ton in 2022, picking up by 87% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +15.6% per year.
Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore
In 2022, the amount of fish; toothfish (dissostichus spp.), frozen, other than filletses imported into Singapore expanded sharply to 241 tons, picking up by 6.5% on 2021. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 206%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses soared to $1.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 207 | 728 | 698 | 673 | 48.1% |
| Others | 602 | 214 | 399 | 604 | 0.1% |
| Total | 809 | 942 | 1,097 | 1,278 | 16.5% |
Top Suppliers of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets to Singapore in 2022:
- Taiwan (Chinese) (238.9 tons)
Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore
In 2022, after three years of growth, there was significant decline in shipments abroad of fish; toothfish (dissostichus spp.), frozen, other than filletses, when their volume decreased by -46.2% to 121 kg. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 808% against the previous year.
In value terms, exports of fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $3.4K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 818%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.4 | 0.3 | 3.4 | 3.4 | 104.1% |
| Thailand | N/A | 3.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.4 | 3.3 | 3.4 | 3.4 | 104.1% |
Top Export Markets for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets from Singapore in 2022:
- Malaysia (121.0 kg)
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