Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore - 2022
Contents:
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore (FOB) - 2022
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore (CIF) - 2022
- Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore
- Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore (FOB) - 2022
The average export price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $35,722 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the export price, however, saw a noticeable decrease. The growth pace was the most rapid in 2021 when the average export price increased by 28%. Over the period under review, the average export prices reached the peak figure at $48,695 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($36,286 per ton), while the average price for exports to South Korea ($28,565 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 Hong Kong SAR (+3.4%), while the prices for the other major destinations experienced a decline.
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore (CIF) - 2022
The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $45,381 per ton in 2022, rising by 67% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2014 an increase of 262% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 China ($54,333 per ton), while the price for South Korea ($22,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+123.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore
After three years of growth, shipments abroad of fish fillets; frozen, toothfish (dissostichus spp.)s decreased by -64.9% to 19 tons in 2022. In general, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 224%. As a result, the exports reached the peak of 54 tons, and then reduced markedly in the following year.
In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s contracted significantly to $676K in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 315% against the previous year. As a result, the exports reached the peak of $1.6M, and then shrank dramatically in the following year.
| Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 168 | 223 | 627 | 499 | 43.7% |
| Thailand | 250 | 136 | 785 | 110 | -23.9% |
| South Korea | N/A | N/A | 157 | 58.0 | -63.1% |
| Others | 42.0 | 33.9 | 62.3 | 8.7 | -40.8% |
| Total | 460 | 393 | 1,632 | 676 | 13.7% |
Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from Singapore in 2022:
- Hong Kong SAR (13.7 tons)
- Thailand (3.0 tons)
- South Korea (2.0 tons)
Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore
In 2022, supplies from abroad of fish fillets; frozen, toothfish (dissostichus spp.)s decreased by -15.3% to 8.6 tons, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 67% against the previous year. As a result, imports attained the peak of 29 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s skyrocketed to $391K in 2022. Over the period under review, imports faced a abrupt setback.
| Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 137 | 447 | 192 | 250 | 22.2% |
| Australia | 46.0 | 48.7 | 61.6 | 58.6 | 8.4% |
| France | 374 | 11.0 | 11.3 | 51.2 | -48.5% |
| Spain | N/A | 0.6 | N/A | 23.1 | 520.5% |
| South Korea | N/A | N/A | N/A | 6.7 | 0% |
| Chile | N/A | 239 | N/A | N/A | 0% |
| Others | 54.4 | 15.7 | 11.1 | 1.1 | -72.8% |
| Total | 611 | 762 | 275 | 391 | -13.8% |
Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to Singapore in 2022:
- China (4.6 tons)
- France (1.7 tons)
- Australia (1.5 tons)
- Spain (0.5 tons)
- South Korea (0.3 tons)
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