Price for Smoked Fish, Incl. Fillets in Indonesia - 2022

Contents:

1. Price for Smoked Fish, Incl. Fillets in Indonesia (FOB) - 2022
2. Price for Smoked Fish, Incl. Fillets in Indonesia (CIF) - 2022
3. Exports of Smoked Fish, Incl. Fillets in Indonesia
4. Imports of Smoked Fish, Incl. Fillets in Indonesia

Price for Smoked Fish, Incl. Fillets in Indonesia (FOB) - 2022

In March 2022, the average smoked fish, incl. fillets export price amounted to $7,882 per ton, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in February 2022 an increase of 24% against the previous month. The export price peaked at $8,687 per ton in November 2021; however, from December 2021 to March 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In March 2022, the country with the highest price was Malaysia ($8,541 per ton), while the average price for exports to South Korea ($7,314 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Smoked Fish, Incl. Fillets in Indonesia (CIF) - 2022

In 2022, the average smoked fish, incl. fillets import price amounted to $9,242 per ton, which is down by -35.2% against the previous year. Over the period under review, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 86%. Over the period under review, average import prices hit record highs at $26,074 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($29,929 per ton), while the price for Malaysia amounted to $7,880 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Smoked Fish, Incl. Fillets in Indonesia

Smoked fish, incl. fillets exports from Indonesia was estimated at 2.4K tons in 2022, remaining stable against 2021. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 3.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, smoked fish, incl. fillets exports shrank modestly to $16M in 2022. Over the period under review, exports, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Smoked Fish, Incl. Fillets from Indonesia in 2022:

1. Japan (1942.1 tons)
2. South Korea (315.7 tons)
3. Taiwan (Chinese) (41.7 tons)
4. Malaysia (36.5 tons)
5. United States (1.7 tons)

Imports of Smoked Fish, Incl. Fillets in Indonesia

In 2022, approx. 17 tons of smoked fish, incl. fillets were imported into Indonesia; growing by 82% on the year before. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 175% against the previous year. As a result, imports reached the peak of 33 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, smoked fish, incl. fillets imports skyrocketed to $160K in 2022. Over the period under review, imports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of $319K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Smoked Fish, Incl. Fillets to Indonesia in 2022:

1. Malaysia (16.4 tons)
2. United States (0.8 tons)

Source: IndexBox Market Intelligence Platform