Fish; Live, Carp Price in Malaysia - 2021

Contents:

  1. Fish; Live, Carp Price in Malaysia (FOB) - 2022
  2. Fish; Live, Carp Price in Malaysia (CIF) - 2022
  3. Fish; Live, Carp Exports in Malaysia
  4. Fish; Live, Carp Imports in Malaysia

Fish; Live, Carp Price in Malaysia (FOB) - 2022

In 2022, the average fish; live, carp export price amounted to $3,924 per ton, rising by 33% against the previous year. Over the period under review, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 47%. The export price peaked 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 Hong Kong SAR ($6,269 per ton), while the average price for exports to Brunei Darussalam ($960 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 Singapore (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fish; Live, Carp Price in Malaysia (CIF) - 2022

In 2022, the average fish; live, carp import price amounted to $1,906 per ton, approximately reflecting the previous year. In general, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 120%. As a result, import price attained the peak level of $8,759 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Japan ($2,291 per ton), while the price for Taiwan (Chinese) ($129 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-7.3%), while the prices for the other major suppliers experienced a decline.

Fish; Live, Carp Exports in Malaysia

Fish; live, carp exports from Malaysia shrank rapidly to 72 tons in 2022, which is down by -56.3% against the previous year. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 327% against the previous year. As a result, the exports attained the peak of 165 tons, and then reduced remarkably in the following year.

In value terms, fish; live, carp exports shrank notably to $282K in 2022. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 527%. As a result, the exports reached the peak of $487K, and then contracted rapidly in the following year.

Export of Fish; Live, Carp in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore11452.241423527.3%
Hong Kong SAR15.06.720.512.3-6.4%
Brunei Darussalam5.52.36.53.6-13.2%
United Kingdom8.73.17.23.4-26.9%
Vietnam2.01.33.82.23.2%
Others28.112.135.125.4-3.3%
Total17377.648728217.7%

Top Export Markets for Fish; Live, Carp from Malaysia in 2022:

  1. Singapore (61.0 tons)
  2. Brunei Darussalam (3.8 tons)
  3. Hong Kong SAR (2.0 tons)
  4. United Kingdom (1.5 tons)
  5. Vietnam (1.4 tons)

Fish; Live, Carp Imports in Malaysia

In 2022, imports of fish; live, carps into Malaysia dropped to 56 tons, which is down by -7.3% on 2021 figures. In general, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. As a result, imports reached the peak of 61 tons, and then reduced in the following year.

In value terms, fish; live, carp imports reduced to $107K in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $115K, and then fell in the following year.

Import of Fish; Live, Carp in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan52.571.177.668.39.2%
Hong Kong SAR5.69.512.914.236.4%
Indonesia7.35.56.76.6-3.3%
Brunei Darussalam2.33.13.32.98.0%
Taiwan (Chinese)1.30.61.21.42.5%
Vietnam1.21.51.51.32.7%
China0.60.91.11.018.6%
Thailand0.70.80.80.6-5.0%
Philippines11.4N/AN/AN/A0%
Others3.96.79.510.940.9%
Total86.899.71151077.2%

Top Suppliers of Fish; Live, Carp to Malaysia in 2022:

  1. Japan (29.8 tons)
  2. Taiwan (Chinese) (10.9 tons)
  3. Indonesia (4.8 tons)
  4. Vietnam (2.7 tons)
  5. Thailand (2.2 tons)
  6. China (1.9 tons)
  7. Brunei Darussalam (1.3 tons)
  8. Hong Kong SAR (1.1 tons)

Source: IndexBox Market Intelligence Platform

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