Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India (FOB) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India (CIF) - 2022
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India (FOB) - 2022
In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $7,266 per ton, picking up by 84% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 130% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($9,870 per ton), while the average price for exports to Spain ($4,622 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India (CIF) - 2022
The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $23,919 per ton in 2022, reducing by -23.3% against the previous year. Over the period under review, the import price, however, continues to indicate temperate growth. The pace of growth appeared the most rapid in 2021 an increase of 257% against the previous year. As a result, import price reached the peak level of $31,179 per ton, and then dropped significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Sri Lanka.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +8.4% per year.
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India
In 2022, after two years of decline, there was significant growth in overseas shipments of fish fillets; fresh or chilled, other than fish of heading 0304.4s, when their volume increased by 15% to 151 tons. Over the period under review, exports, however, recorded a dramatic downturn.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s soared to $1.1M in 2022. Overall, exports, however, continue to indicate a dramatic shrinkage.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 883 | 191 | 101 | 433 | -21.1% |
| Germany | 1,548 | 243 | 18.0 | 206 | -48.9% |
| Netherlands | 4.4 | 37.5 | 61.6 | 166 | 235.4% |
| Mauritius | 14.3 | N/A | N/A | 115 | 100.3% |
| Spain | 383 | 65.9 | 65.8 | 50.8 | -49.0% |
| Italy | 182 | 34.7 | 2.2 | 24.0 | -49.1% |
| United Arab Emirates | 49.3 | 10.2 | 31.3 | 19.4 | -26.7% |
| France | 698 | 197 | 50.3 | 19.0 | -69.9% |
| United States | 571 | 46.4 | N/A | 4.3 | -80.4% |
| Thailand | 215 | 420 | N/A | N/A | 95.3% |
| Algeria | 393 | 242 | 68.0 | N/A | -58.4% |
| Others | 261 | 55.9 | 119 | 58.5 | -39.3% |
| Total | 5,201 | 1,545 | 517 | 1,096 | -40.5% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from India in 2022:
- United Kingdom (62.6 tons)
- Mauritius (21.7 tons)
- Germany (21.5 tons)
- Netherlands (16.8 tons)
- Spain (11.0 tons)
- United Arab Emirates (3.0 tons)
- Italy (2.6 tons)
- France (2.4 tons)
- United States (0.8 tons)
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India
Imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into India skyrocketed to 762 kg in 2022, rising by 370% compared with the year before. Overall, imports, however, faced a abrupt setback.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s soared to $18K in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,132%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | N/A | N/A | 18.2 | 0% |
| Japan | N/A | N/A | 4.7 | N/A | 0% |
| United States | 2.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 1.9 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.4 | 0.3 | N/A | 22.5% |
| Total | 4.7 | 0.4 | 5.1 | 18.2 | 57.0% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to India in 2022:
- Sri Lanka (762.0 kg)
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