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Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
During the review period, exports of Battered Fish Fillet peaked at 531K tons in 2021. However, from 2022 to 2023, there was a decline in export volume, with exports falling to $1.3B in value terms in 2023.
In March 2023, the growth rate for Battered Fish Fillet was at its highest, showing an 81% increase month-to-month. By November 2023, the imports had reached a value of $40M.
Battered Fish Fillet imports experienced an impressive surge in March 2023, with a remarkable 81% month-on-month growth. In terms of value, the imported Battered Fish Fillet reached a significant $40 million mark in November 2023.
During the period from November 2022 to September 2023, there was a noticeable decline in the growth of exports. The value of Battered Fish Fillet exports significantly dropped to $5.8M in September 2023.
In September 2022, the growth rate of Battered Fish Fillet exports was the highest, surging by 21% compared to the previous month. However, the value of these exports decreased to $13M in July 2023.
In June 2023, the price of Battered Fish Fillet reached $9,495 per ton (FOB, Canada), showing a 5.6% increase compared to the previous month.
In May 2023, the price of Battered Fish Fillet was $7,121 per ton (FOB, Netherlands), showing a decrease of -7.9% compared to the previous month.
Imports of Battered Fish Fillet surged to $12M in May 2023 in terms of value.
In April 2023, the battered fish fillet price amounted to $6,161 per ton (CIF, Australia), remaining stable against the previous month.
In March 2023, the battered fish fillet price amounted to $3,503 per ton (FOB, China), with a decrease of -3.2% against the previous month.