Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam - 2022

Contents:

1. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam (FOB) - 2022
2. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam (CIF) - 2022
3. Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam
4. Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam (FOB) - 2022

The average export price for fish; edible offal, fish heads, tails and mawses stood at $28,720 per ton in 2022, growing by 10% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish; edible offal, fish heads, tails and mawses increased by +90.2% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($28,721 per ton) and China ($28,721 per ton), while the average price for exports to South Korea ($28,703 per ton) and Singapore ($28,720 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam (CIF) - 2022

In 2022, the average import price for fish; edible offal, fish heads, tails and mawses amounted to $72,292 per ton, picking up by 15% against the previous year. Over the period under review, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2020 an increase of 80% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($72,302 per ton) and Russia ($72,298 per ton), while the price for Indonesia ($72,275 per ton) and Myanmar ($72,286 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam

For the fourth consecutive year, Vietnam recorded growth in overseas shipments of fish; edible offal, fish heads, tails and mawses, which increased by 53% to 2.5K tons in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; edible offal, fish heads, tails and mawses surged to $71M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fish; Edible Offal, Fish Heads, Tails and Maws from Vietnam in 2022:

1. China (1577.5 tons)
2. Hong Kong SAR (434.5 tons)
3. Thailand (216.2 tons)
4. Malaysia (96.2 tons)
5. Singapore (87.4 tons)
6. South Korea (5.8 tons)

Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Vietnam

In 2022, after two years of decline, there was significant growth in purchases abroad of fish; edible offal, fish heads, tails and mawses, when their volume increased by 41% to 27 tons. Over the period under review, imports, however, faced a dramatic setback.

In value terms, imports of fish; edible offal, fish heads, tails and mawses skyrocketed to $1.9M in 2022. In general, imports, however, saw a sharp downturn.

Top Suppliers of Fish; Edible Offal, Fish Heads, Tails and Maws to Vietnam in 2022:

1. Mexico (4.4 tons)
2. Russia (4.2 tons)
3. Myanmar (4.1 tons)
4. India (3.6 tons)
5. United States (3.4 tons)
6. Portugal (1.8 tons)
7. Indonesia (1.5 tons)
8. Uganda (0.8 tons)
9. Iceland (0.7 tons)

Source: IndexBox Market Intelligence Platform