Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam - 2022
Contents:
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam (FOB) - 2022
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam (CIF) - 2022
- Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam
- Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam (FOB) - 2022
The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $3,356 per ton in 2022, surging by 6.4% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% 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, other than shark fins, fish heads, tails and mawses increased by +99.0% against 2012 indices. The pace of growth appeared the most rapid in 2021 an increase of 17%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($3,369 per ton) and Thailand ($3,369 per ton), while the average price for exports to China ($2,969 per ton) and Malaysia ($2,969 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 the Netherlands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam (CIF) - 2022
The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $6,195 per ton in 2022, growing by 63% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $6,580 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($6,195 per ton), while the price for Portugal totaled $6,195 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam
Exports of fish; edible offal, other than shark fins, fish heads, tails and mawses from Vietnam rose rapidly to 2K tons in 2022, surging by 12% against 2021. Over the period under review, exports, however, recorded a abrupt shrinkage.
In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $6.6M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 849 | 1,518 | 2,162 | 2,660 | 46.3% |
| South Korea | 318 | 364 | 349 | 1,516 | 68.3% |
| Hong Kong SAR | 174 | 511 | 712 | 718 | 60.4% |
| Japan | 1,078 | 563 | 617 | 491 | -23.1% |
| Netherlands | 87.8 | N/A | 466 | 218 | 35.4% |
| United Kingdom | N/A | N/A | 203 | 205 | 1.0% |
| United States | 63.1 | 42.7 | 83.5 | 201 | 47.1% |
| Thailand | 519 | 241 | 106 | 188 | -28.7% |
| China | 658 | 19.3 | N/A | 44.9 | -59.1% |
| Spain | 976 | 896 | 634 | N/A | -19.4% |
| Others | 1,096 | 310 | 263 | 395 | -28.8% |
| Total | 5,818 | 4,465 | 5,595 | 6,637 | 4.5% |
Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Vietnam in 2022:
- Portugal (789.5 tons)
- South Korea (450.1 tons)
- Hong Kong SAR (213.2 tons)
- Japan (145.7 tons)
- Netherlands (64.6 tons)
- United Kingdom (60.9 tons)
- United States (59.7 tons)
- Thailand (55.8 tons)
- China (15.1 tons)
Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam
In 2022, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses into Vietnam fell significantly to 269 tons, reducing by -67.5% against the previous year. Overall, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.
In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses shrank significantly to $1.7M in 2022. In general, imports recorded a precipitous slump. The smallest decline of -12.2% was in 2021.
| Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1.5 | 1.6 | 2.0 | 1.1 | -9.8% |
| Norway | 2.9 | 1.8 | 1.0 | 0.5 | -44.3% |
| Others | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Total | 4.5 | 3.6 | 3.1 | 1.7 | -27.7% |
Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Vietnam in 2022:
- Portugal (185.0 tons)
- Norway (78.3 tons)
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