Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam - 2022
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam (FOB) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam (CIF) - 2022
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,622 per ton, picking up by 24% against the previous year. Over the period from 2018 to 2022, it increased at an average annual rate of +2.5%. The export price peaked at $4,781 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($4,622 per ton), while the average price for exports to Portugal stood at $4,622 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,164 per ton, remaining stable against the previous year. Over the period under review, the import price posted a measured increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 153%. The import price peaked at $10,100 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($4,164 per ton), while the price for New Zealand amounted to $4,164 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.9%).
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, when their volume decreased by -58% to 152 tons. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 469%.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s reduced dramatically to $704K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 545%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 661 | 0% |
| Portugal | 59.3 | N/A | 113 | 42.4 | -10.6% |
| United States | 44.3 | 1,532 | 1,118 | N/A | 402.4% |
| Netherlands | 110 | N/A | 3.7 | N/A | -81.7% |
| Ukraine | N/A | N/A | 83.3 | N/A | 0% |
| Others | 24.1 | N/A | 31.8 | N/A | 14.9% |
| Total | 238 | 1,532 | 1,350 | 704 | 43.5% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Vietnam in 2022:
- Japan (143.0 tons)
- Portugal (9.2 tons)
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam
In 2022, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were finally on the rise to reach 7.3 tons after two years of decline. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $31K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 28.4 | 0% |
| New Zealand | 14.4 | N/A | 1.5 | 2.2 | -46.5% |
| Germany | N/A | 11.3 | N/A | N/A | 0% |
| Others | 2.7 | N/A | N/A | N/A | 0% |
| Total | 17.1 | 11.3 | 1.5 | 30.6 | 21.4% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Vietnam in 2022:
- Argentina (6.8 tons)
- New Zealand (0.5 tons)
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