Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines - 2023
Contents:
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines (CIF) - 2022
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines (FOB) - 2022
- Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines
- Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines (CIF) - 2022
In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $6,625 per ton, falling by -26.5% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $22,180 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +11.5% per year.
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines (FOB) - 2022
In 2022, the average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $2,927 per ton, shrinking by -22.9% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 an increase of 28% against the previous year. The export price peaked at $12,995 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +13.2% per year.
Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines
In 2022, approx. 48 kg of fish; edible offal, other than shark fins, fish heads, tails and mawses were imported into the Philippines; declining by -99.7% on 2021. In general, imports saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of 18 tons, and then shrank rapidly in the following year.
In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses fell markedly to $318 in 2022. Over the period under review, imports faced a precipitous setback. The smallest decline of -13.5% was in 2021.
| Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 15.8 | 33.7 | 0.3 | -86.2% |
| Indonesia | 35.8 | 13.6 | 0.5 | N/A | -88.2% |
| Denmark | N/A | N/A | 17.0 | N/A | 0% |
| Singapore | 197 | 153 | 79.4 | N/A | -36.5% |
| Others | N/A | 5.3 | 31.6 | N/A | 496.2% |
| Total | 233 | 187 | 162 | 0.3 | -89.1% |
Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to the Philippines in 2022:
- Vietnam (48.0 kg)
Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines
In 2022, the amount of fish; edible offal, other than shark fins, fish heads, tails and mawses exported from the Philippines declined rapidly to 41 kg, which is down by -99.9% against 2021 figures. Overall, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses plummeted to $120 in 2022. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year.
| Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 51.7 | 34.5 | 17.6 | 0.1 | -87.5% |
| Hong Kong SAR | 21.8 | 13.5 | 0.3 | N/A | -88.3% |
| South Korea | N/A | N/A | 36.3 | N/A | 0% |
| Japan | 89.5 | 111 | 141 | N/A | 25.5% |
| Malaysia | 60.1 | 12.3 | 12.9 | N/A | -53.7% |
| Kuwait | 3.8 | 5.1 | 1.6 | N/A | -35.1% |
| Others | 31.8 | 3.2 | 2.7 | N/A | -70.9% |
| Total | 259 | 179 | 212 | 0.1 | -92.7% |
Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from the Philippines in 2022:
- Australia (41.0 kg)
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