Hong Kong SAR, China - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Hong Kong SAR - 2023
Contents:
- Frozen Freshwater Fish Price in Hong Kong SAR (CIF) - 2023
- Frozen Freshwater Fish Price in Hong Kong SAR (FOB) - 2023
- Frozen Freshwater Fish Imports in Hong Kong SAR
- Frozen Freshwater Fish Exports in Hong Kong SAR
Frozen Freshwater Fish Price in Hong Kong SAR (CIF) - 2023
The average frozen freshwater fish import price stood at $5,590 per ton in June 2023, picking up by 27% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. Over the period under review, average import prices hit record highs at $6,007 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($11,408 per ton), while the price for Canada ($2,101 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 Vietnam (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Hong Kong SAR (FOB) - 2023
The average frozen freshwater fish export price stood at $5,749 per ton in June 2023, rising by 37% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The export price peaked at $5,778 per ton in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($6,191 per ton), while the average price for exports to Singapore ($1,416 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 South Korea (+2.8%), while the prices for the other major destinations experienced a decline.
Frozen Freshwater Fish Imports in Hong Kong SAR
After two years of decline, purchases abroad of frozen freshwater fish increased by 4.8% to 26K tons in 2022. In general, imports, however, saw a abrupt downturn.
In value terms, frozen freshwater fish imports stood at $137M in 2022. Over the period under review, imports recorded a relatively flat trend pattern.
| Import of Frozen Freshwater Fish in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 110 | 118 | 112 | 115 | 1.5% |
| Japan | 4.5 | 4.1 | 3.9 | 4.2 | -2.3% |
| Taiwan (Chinese) | 3.0 | 2.6 | 2.3 | 2.7 | -3.5% |
| India | 1.1 | 3.9 | 1.0 | 2.0 | 22.1% |
| Vietnam | 2.0 | 2.0 | 1.3 | 1.8 | -3.5% |
| South Korea | 0.6 | 1.2 | 0.7 | 0.9 | 14.5% |
| Others | 13.2 | 10.7 | 7.0 | 10.3 | -7.9% |
| Total | 135 | 143 | 128 | 137 | 0.5% |
Top Suppliers of Frozen Freshwater Fish to Hong Kong SAR in 2022:
- China (21.8K tons)
- Taiwan (Chinese) (0.8K tons)
- Vietnam (0.6K tons)
- India (0.5K tons)
- Japan (0.5K tons)
- South Korea (0.5K tons)
Frozen Freshwater Fish Exports in Hong Kong SAR
In 2022, overseas shipments of frozen freshwater fish increased by 19% to 20K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt slump.
In value terms, frozen freshwater fish exports amounted to $87M in 2022. Overall, exports, however, saw a abrupt slump.
| Export of Frozen Freshwater Fish in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 90.8 | 66.6 | 71.8 | 77.0 | -5.3% |
| Vietnam | 7.6 | 0.3 | 0.2 | 2.7 | -29.2% |
| Taiwan (Chinese) | 2.7 | 2.7 | 2.3 | 2.6 | -1.3% |
| Canada | 1.4 | 2.7 | 2.0 | 2.1 | 14.5% |
| Others | 2.7 | 2.3 | 2.0 | 2.4 | -3.9% |
| Total | 105 | 74.5 | 78.2 | 86.7 | -6.2% |
Top Export Markets for Frozen Freshwater Fish from Hong Kong SAR in 2022:
- South Korea (17.5K tons)
- Taiwan (Chinese) (1.0K tons)
- Canada (0.7K tons)
- Vietnam (0.7K tons)
This report provides an in-depth analysis of the frozen freshwater fish 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 10201360 - Frozen whole fresh water fish
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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