Hong Kong SAR, China - Fish Heads, Tails And Maws - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFish Parts Price in Hong Kong SAR - 2023
Contents:
- Fish Parts Price in Hong Kong SAR (CIF) - 2023
- Fish Parts Price in Hong Kong SAR (FOB) - 2023
- Fish Parts Imports in Hong Kong SAR
- Fish Parts Exports in Hong Kong SAR
Fish Parts Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average fish parts import price amounted to $65,083 per ton, reducing by -21.4% against the previous month. Over the period under review, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in May 2023 an increase of 27% m-o-m. The import price peaked at $86,716 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Tanzania ($244K per ton), while the price for Indonesia ($23,944 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 Myanmar (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Fish Parts Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average fish parts export price amounted to $61,060 per ton, falling by -5.7% against the previous month. Overall, the export price saw a pronounced descent. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 58% m-o-m. The export price peaked at $95,194 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Macao SAR ($104K per ton), while the average price for exports to China ($8,182 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+0.2%), while the prices for the other major destinations experienced a decline.
Fish Parts Imports in Hong Kong SAR
In 2022, approx. 5K tons of fish heads, tails and maws were imported into Hong Kong SAR; dropping by -8.3% on the year before. Over the period under review, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
In value terms, fish parts imports shrank to $354M in 2022. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1.4% against the previous year.
Import of Fish Parts in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 57.5 | 59.6 | 64.8 | 78.8 | 11.1% |
Uganda | 55.7 | 61.4 | 46.7 | 45.7 | -6.4% |
Brazil | 68.5 | 52.9 | 36.4 | 28.6 | -25.3% |
India | 31.5 | 32.9 | 35.2 | 28.4 | -3.4% |
Indonesia | 25.1 | 20.9 | 31.1 | 28.2 | 4.0% |
Singapore | 5.8 | 4.2 | 8.7 | 12.5 | 29.2% |
Vietnam | 12.9 | 13.6 | 10.5 | 12.4 | -1.3% |
Mexico | 10.1 | 7.1 | 13.4 | 9.3 | -2.7% |
Peru | 12.3 | 10.4 | 10.9 | 7.4 | -15.6% |
Yemen | 3.0 | 2.3 | 2.0 | 5.9 | 25.3% |
Senegal | 8.1 | 5.2 | 4.5 | 5.3 | -13.2% |
Sri Lanka | 5.5 | 3.6 | 5.2 | 5.0 | -3.1% |
Myanmar | N/A | N/A | 1.1 | 3.0 | 172.7% |
Others | 120 | 80.8 | 89.3 | 83.5 | -11.4% |
Total | 416 | 355 | 360 | 354 | -5.2% |
Top Suppliers of Fish Parts to Hong Kong SAR in 2022:
- Indonesia (632.4 tons)
- Brazil (596.5 tons)
- Tanzania (389.0 tons)
- Vietnam (352.9 tons)
- Uganda (294.1 tons)
- Singapore (235.6 tons)
- Myanmar (191.2 tons)
- India (173.7 tons)
- Peru (168.7 tons)
- Senegal (127.0 tons)
- Mexico (124.7 tons)
- Sri Lanka (123.2 tons)
- Yemen (113.7 tons)
Fish Parts Exports in Hong Kong SAR
In 2022, shipments abroad of fish heads, tails and maws was finally on the rise to reach 2K tons after two years of decline. Overall, exports, however, showed a deep downturn.
In value terms, fish parts exports skyrocketed to $129M in 2022. Over the period under review, exports saw a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fish Parts in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 14.4 | 7.0 | 8.3 | 91.4 | 85.2% |
China | 10.4 | 9.7 | 3.6 | 11.0 | 1.9% |
Singapore | 4.1 | 3.2 | 5.4 | 8.7 | 28.5% |
United States | 4.3 | 3.7 | 5.6 | 7.1 | 18.2% |
Vietnam | 53.7 | 4.8 | 11.2 | 3.0 | -61.8% |
Japan | 3.2 | 3.4 | 1.4 | 2.2 | -11.7% |
Thailand | 9.2 | 11.2 | 0.4 | 0.3 | -68.1% |
Others | 5.2 | 2.8 | 4.4 | 4.8 | -2.6% |
Total | 105 | 45.9 | 40.2 | 129 | 7.1% |
Top Export Markets for Fish Parts from Hong Kong SAR in 2022:
- Macao SAR (1042.5 tons)
- China (560.9 tons)
- Vietnam (105.9 tons)
- Japan (66.8 tons)
- United States (62.3 tons)
- Singapore (48.6 tons)
- Thailand (5.6 tons)
This report provides an in-depth analysis of the fish parts 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 10204250 - Fish heads, tails and maws, other edible fish offal: dried, s alted or in brine, smoked
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
-
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
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The price of Fish Parts in May 2023 reached $82,829 per ton (CIF, Hong Kong), marking a 27% increase compared to the previous month.
The price of Fish Parts in May 2023 reached $82,829 per ton (CIF, Hong Kong), marking a 27% increase compared to the previous month.