Singapore - Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFreshwater Fish Price in Singapore - 2022
Contents:
- Freshwater Fish Price in Singapore (CIF) - 2022
- Freshwater Fish Price in Singapore (FOB) - 2022
- Freshwater Fish Imports in Singapore
- Freshwater Fish Exports in Singapore
Freshwater Fish Price in Singapore (CIF) - 2022
In September 2022, the average freshwater fish import price amounted to $14,108 per ton, picking up by 6.4% against the previous month. Over the period under review, the import price showed a noticeable increase. The growth pace was the most rapid in January 2022 when the average import price increased by 162% month-to-month. The import price peaked at $29,425 per ton in May 2022; however, from June 2022 to September 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Taiwan (Chinese) ($46,391 per ton), while the price for Malaysia ($7,629 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Freshwater Fish Price in Singapore (FOB) - 2022
The average freshwater fish export price stood at $18,144 per ton in 2022, declining by -21.5% against the previous year. Overall, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs at $27,635 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($24,231 per ton), while the average price for exports to the United States ($13,636 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 (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Freshwater Fish Imports in Singapore
In 2022, imports of freshwater fish into Singapore reduced to 1.4K tons, dropping by -10% on 2021. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 4.2%.
In value terms, freshwater fish imports surged to $17M in 2022. In general, imports showed a drastic downturn.
| Import of Freshwater Fish in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 7.6 | 5.9 | 7.5 | 7.1 | -2.2% |
| Vietnam | 4.1 | 2.3 | 2.4 | 2.9 | -10.9% |
| China | 4.2 | 0.6 | 0.8 | 2.6 | -14.8% |
| Indonesia | 3.4 | 1.7 | 1.5 | 2.3 | -12.2% |
| Taiwan (Chinese) | 1.1 | 0.8 | 0.8 | 1.0 | -3.1% |
| South Korea | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
| Myanmar | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Others | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Total | 21.7 | 12.0 | 14.0 | 17.2 | -7.5% |
Top Suppliers of Freshwater Fish to Singapore in 2022:
- Malaysia (889.6 tons)
- Vietnam (135.2 tons)
- China (131.2 tons)
- Indonesia (102.3 tons)
- South Korea (56.5 tons)
- Taiwan (Chinese) (51.5 tons)
- Myanmar (0.3 tons)
Freshwater Fish Exports in Singapore
For the fourth consecutive year, Singapore recorded growth in shipments abroad of freshwater fish, which increased by 17% to 80 tons in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, freshwater fish exports declined to $1.4M in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 113% against the previous year. As a result, the exports attained the peak of $1.6M, and then contracted in the following year.
| Export of Freshwater Fish in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 338 | 316 | 841 | 986 | 42.9% |
| Hong Kong SAR | 333 | 290 | 521 | 277 | -6.0% |
| Indonesia | 109 | 29.5 | 51.6 | 74.4 | -12.0% |
| United States | 7.6 | 69.2 | 22.3 | 61.5 | 100.8% |
| Cambodia | N/A | N/A | 114 | 2.8 | -97.5% |
| Others | 50.5 | 30.8 | 20.5 | 42.1 | -5.9% |
| Total | 838 | 736 | 1,570 | 1,445 | 19.9% |
Top Export Markets for Freshwater Fish from Singapore in 2022:
- Malaysia (57.6 tons)
- Hong Kong SAR (11.4 tons)
- United States (4.5 tons)
- Indonesia (4.3 tons)
- Cambodia (0.1 tons)
This report provides an in-depth analysis of the freshwater fish market in Singapore. 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:
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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