Price for Fish; Edible Offal, Shark Fins in Thailand - 2023

Contents:

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

Price for Fish; Edible Offal, Shark Fins in Thailand (FOB) - 2022

The average export price for fish; edible offal, shark finses stood at $9,722 per ton in 2022, with a decrease of -41.1% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 126%. The export price peaked at $42,229 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($20,616 per ton), while the average price for exports to Hong Kong SAR totaled $9,696 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+37.1%), while the prices for the other major destinations experienced a decline.

Price for Fish; Edible Offal, Shark Fins in Thailand (CIF) - 2022

In 2022, the average import price for fish; edible offal, shark finses amounted to $5,138 per ton, falling by -26% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2019 an increase of 85% against the previous year. As a result, import price reached the peak level of $14,843 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 ($10,287 per ton), while the price for China amounted to $4,723 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.6%), while the prices for the other major suppliers experienced a decline.

Exports of Fish; Edible Offal, Shark Fins in Thailand

In 2022, approx. 10 tons of fish; edible offal, shark finses were exported from Thailand; with a decrease of -55.5% compared with 2021 figures. In general, exports, however, posted a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 246% against the previous year. As a result, the exports attained the peak of 23 tons, and then contracted notably in the following year.

In value terms, fish; edible offal, shark fins exports contracted dramatically to $99K in 2022. Over the period under review, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports attained the peak of $376K, and then declined markedly in the following year.

Top Export Markets for Fish; Edible Offal, Shark Fins from Thailand in 2022:

1. Hong Kong SAR (10.1 tons)

Imports of Fish; Edible Offal, Shark Fins in Thailand

In 2022, approx. 11 tons of fish; edible offal, shark finses were imported into Thailand; growing by 163% compared with the previous year. Over the period under review, imports, however, recorded a deep reduction.

In value terms, fish; edible offal, shark fins imports surged to $59K in 2022. In general, imports, however, showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 134% against the previous year.

Top Suppliers of Fish; Edible Offal, Shark Fins to Thailand in 2022:

1. China (11.0 tons)
2. Indonesia (0.3 tons)

Source: IndexBox Market Intelligence Platform