Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia - 2022

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia (FOB) - 2022
  2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia (CIF) - 2022
  3. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia
  4. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia (FOB) - 2022

In 2022, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $5,407 per ton, growing by 48% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 197% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,370 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,020 per ton), while the average price for exports to China ($1,330 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 China (-0.4%), while the prices for the other major destinations experienced a decline.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia (CIF) - 2022

In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $7,931 per ton, shrinking by -36% against the previous year. Over the period under review, the import price, however, showed a significant increase. The growth pace was the most rapid in 2021 when the average import price increased by 170%. As a result, import price reached the peak level of $12,386 per ton, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29,254 per ton), while the price for Malaysia ($3,442 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia

In 2022, the amount of fish; edible offal, other than shark fins, fish heads, tails and mawses exported from Indonesia skyrocketed to 621 tons, with an increase of 101% on 2021. Overall, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses skyrocketed to $3.4M in 2022. In general, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR2,1932986543,06211.8%
Japan27.160.891.413369.9%
Singapore11023.611.658.8-18.8%
China15.912951.347.544.0%
New Zealand66.1264248N/A93.7%
Others24687.269.554.3-39.6%
Total2,6588621,1263,3568.1%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Indonesia in 2022:

  1. Hong Kong SAR (508.7 tons)
  2. Japan (52.5 tons)
  3. China (35.7 tons)
  4. Singapore (15.8 tons)

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia

In 2022, supplies from abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by -84% to 4.2 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports attained the peak of 28 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses fell dramatically to $33K in 2022. In general, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 151%. As a result, imports attained the peak of $324K, and then reduced markedly in the following year.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia42.976.710.811.8-35.0%
Singapore12.823.925.511.2-4.4%
Japan25.828.833.310.2-26.6%
SpainN/AN/A2.7N/A0%
New ZealandN/AN/A168N/A0%
ArgentinaN/AN/A11.7N/A0%
United States0.1N/A72.5N/A2592.6%
OthersN/A0.10.1N/A0.0%
Total81.812932433.2-26.0%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Indonesia in 2022:

  1. Malaysia (3.4 tons)
  2. Singapore (0.4 tons)
  3. Japan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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