Singapore - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Singapore - 2022
Contents:
- Frozen Freshwater Fish Price in Singapore (CIF) - 2022
- Frozen Freshwater Fish Price in Singapore (FOB) - 2022
- Frozen Freshwater Fish Imports in Singapore
- Frozen Freshwater Fish Exports in Singapore
Frozen Freshwater Fish Price in Singapore (CIF) - 2022
The average frozen freshwater fish import price stood at $3,513 per ton in September 2022, growing by 9.7% against the previous month. In general, import price indicated a temperate expansion from September 2021 to September 2022: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, frozen freshwater fish import price decreased by -6.2% against June 2022 indices. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 32% m-o-m. Over the period under review, average import prices attained the peak figure at $3,744 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.
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) ($5,529 per ton), while the price for Myanmar ($474 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 Taiwan (Chinese) (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Price in Singapore (FOB) - 2022
The average frozen freshwater fish export price stood at $4,083 per ton in 2022, picking up by 15% against the previous year. Overall, the export price posted pronounced growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($10,911 per ton), while the average price for exports to Oman ($1,038 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 (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in Singapore
After three years of growth, overseas purchases of frozen freshwater fish decreased by -81.6% to 1.7K tons in 2022. In general, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 14%.
In value terms, frozen freshwater fish imports declined markedly to $3.1M in 2022. Overall, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2020 when imports increased by 17%.
| Import of Frozen Freshwater Fish in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 8.1 | 5.8 | 10.1 | 1.4 | -44.3% |
| China | 2.7 | 4.1 | 4.3 | 0.6 | -39.4% |
| Malaysia | 1.9 | 2.7 | 2.6 | 0.4 | -40.5% |
| Vietnam | 0.7 | 1.4 | 1.2 | 0.2 | -34.1% |
| Thailand | 0.8 | 1.4 | 1.3 | 0.2 | -37.0% |
| Indonesia | 0.8 | 1.5 | 0.7 | 0.1 | -50.0% |
| Others | 2.3 | 3.3 | 2.0 | 0.3 | -49.3% |
| Total | 17.3 | 20.2 | 22.3 | 3.1 | -43.6% |
Top Suppliers of Frozen Freshwater Fish to Singapore in 2022:
- Myanmar (1041.2 tons)
- China (177.7 tons)
- Malaysia (148.3 tons)
- Thailand (106.6 tons)
- Vietnam (80.1 tons)
- Indonesia (39.0 tons)
Frozen Freshwater Fish Exports in Singapore
Frozen freshwater fish exports from Singapore reduced remarkably to 165 tons in 2022, dropping by -87.6% compared with the year before. Overall, exports showed a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year.
In value terms, frozen freshwater fish exports shrank significantly to $673K in 2022. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, the exports attained the peak of $4.7M, and then shrank dramatically in the following year.
| Export of Frozen Freshwater Fish in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 538 | 693 | 857 | 131 | -37.6% |
| South Korea | 58.3 | 215 | 795 | 122 | 27.9% |
| Russia | 1,328 | 54.0 | 794 | 121 | -55.0% |
| Brazil | 558 | 196 | 599 | 91.6 | -45.2% |
| Malaysia | 576 | 238 | 381 | 58.4 | -53.4% |
| Taiwan (Chinese) | 244 | 447 | 365 | 55.8 | -38.8% |
| Oman | 672 | 69.7 | 79.6 | 36.4 | -62.2% |
| Others | 364 | 506 | 845 | 56.7 | -46.2% |
| Total | 4,338 | 2,418 | 4,715 | 673 | -46.3% |
Top Export Markets for Frozen Freshwater Fish from Singapore in 2022:
- Indonesia (47.6 tons)
- Oman (35.0 tons)
- Russia (19.2 tons)
- Brazil (17.9 tons)
- South Korea (15.8 tons)
- Taiwan (Chinese) (12.5 tons)
- Malaysia (5.3 tons)
This report provides an in-depth analysis of the frozen 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:
- Prodcom 10201360 - Frozen whole fresh water fish
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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