Hong Kong SAR, China - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBattered Fish Fillet Price in Hong Kong SAR - 2023
Contents:
- Battered Fish Fillet Price in Hong Kong SAR (CIF) - 2023
- Battered Fish Fillet Price in Hong Kong SAR (FOB) - 2022
- Battered Fish Fillet Imports in Hong Kong SAR
- Battered Fish Fillet Exports in Hong Kong SAR
Battered Fish Fillet Price in Hong Kong SAR (CIF) - 2023
The average battered fish fillet import price stood at $6,443 per ton in June 2023, increasing by 1.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 32% month-to-month. As a result, import price attained the peak level of $7,450 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($14,905 per ton), while the price for Vietnam ($3,104 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Battered Fish Fillet Price in Hong Kong SAR (FOB) - 2022
In 2022, the average battered fish fillet export price amounted to $8,313 per ton, growing by 18% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($9,262 per ton), while the average price for exports to the United States ($596 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 Malaysia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Battered Fish Fillet Imports in Hong Kong SAR
In 2022, approx. 3.9K tons of fish fillets in batter or breadcrumbs were imported into Hong Kong SAR; rising by 13% against the previous year's figure. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports attained the peak of 4.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, battered fish fillet imports reached $24M in 2022. Overall, imports, however, recorded a relatively flat trend pattern.
| Import of Battered Fish Fillet in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.7 | 14.8 | 11.9 | 14.0 | -1.6% |
| Japan | 1.8 | 2.4 | 1.9 | 2.5 | 11.6% |
| Vietnam | 0.9 | 1.1 | 1.2 | 1.8 | 26.0% |
| Taiwan (Chinese) | 0.7 | 0.8 | 0.7 | 0.9 | 8.7% |
| Malaysia | 0.9 | 1.1 | 1.1 | 0.9 | 0.0% |
| Singapore | 1.5 | 1.3 | 0.8 | 0.7 | -22.4% |
| Thailand | 1.2 | 0.7 | 0.8 | 0.5 | -25.3% |
| Portugal | N/A | 0.3 | 0.2 | 0.4 | 15.5% |
| Others | 2.1 | 2.5 | 2.6 | 1.9 | -3.3% |
| Total | 23.8 | 25.1 | 21.2 | 23.7 | -0.1% |
Top Suppliers of Battered Fish Fillet to Hong Kong SAR in 2022:
- China (2525.6 tons)
- Vietnam (413.7 tons)
- Japan (223.1 tons)
- Singapore (178.4 tons)
- Malaysia (147.9 tons)
- Taiwan (Chinese) (144.9 tons)
- Portugal (67.1 tons)
- Thailand (58.1 tons)
Battered Fish Fillet Exports in Hong Kong SAR
In 2022, battered fish fillet exports from Hong Kong SAR fell remarkably to 158 tons, dropping by -25.2% compared with the previous year. Over the period under review, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 7.1%.
In value terms, battered fish fillet exports dropped to $1.3M in 2022. Overall, exports recorded a abrupt decrease. The smallest decline of -3.2% was in 2021.
| Export of Battered Fish Fillet in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 606 | 783 | 932 | 990 | 17.8% |
| Canada | 209 | 689 | 469 | 294 | 12.0% |
| United States | 29.9 | N/A | 36.6 | 6.7 | -39.3% |
| Philippines | 998 | N/A | N/A | 3.2 | -85.3% |
| Vietnam | 76.6 | N/A | N/A | N/A | 0% |
| Others | 217 | 62.8 | 48.8 | 18.8 | -55.8% |
| Total | 2,136 | 1,535 | 1,487 | 1,313 | -15.0% |
Top Export Markets for Battered Fish Fillet from Hong Kong SAR in 2022:
- Macao SAR (106.9 tons)
- Canada (35.9 tons)
- United States (11.3 tons)
- Philippines (1.9 tons)
This report provides an in-depth analysis of the battered fish fillet market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
203
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