Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand - 2024

Contents:

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

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand (CIF) - 2022

The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $5,803 per ton in 2022, growing by 10% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 161%. As a result, import price reached the peak level of $6,207 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($12,803 per ton), while the price for Myanmar ($3,240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+85.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $4,605 per ton in 2022, increasing by 24% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($8,486 per ton), while the average price for exports to Taiwan (Chinese) ($2,153 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 Vietnam (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand

In 2022, supplies from abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by -35.6% to 31 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports attained the peak of 49 tons, and then declined significantly in the following year.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses fell sharply to $183K in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $257K, and then shrank rapidly in the following year.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12873.92251607.7%
Indonesia6.431.911.615.634.6%
MyanmarN/AN/AN/A6.30%
Taiwan (Chinese)N/A4.016.2N/A305.0%
PakistanN/A19.73.9N/A-80.2%
Others5.9N/A0.11.2-41.2%
Total1401302571839.3%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Thailand in 2022:

  1. China (28.2 tons)
  2. Myanmar (2.0 tons)
  3. Indonesia (1.2 tons)

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand

In 2022, overseas shipments of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by -63.2% to 23 tons, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 3.9% against the previous year. As a result, the exports reached the peak of 82 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses declined remarkably to $107K in 2022. Over the period under review, exports faced a dramatic descent. The smallest decline of -8.2% was in 2020.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10557.992.352.3-20.7%
Hong Kong SAR9.217.527.751.177.1%
Taiwan (Chinese)16419885.93.3-72.8%
ChinaN/AN/A20.2N/A0%
Lao People's Democratic Republic20.4N/A8.1N/A-37.0%
Others0.10.8N/A0.344.2%
Total299274234107-29.0%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Thailand in 2022:

  1. Hong Kong SAR (15.2 tons)
  2. Japan (6.2 tons)
  3. Taiwan (Chinese) (1.5 tons)

Source: IndexBox Market Intelligence Platform

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