Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand - 2024

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand (CIF) - 2024
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand
  4. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand (CIF) - 2024

In November 2023, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $38,546 per ton, with an increase of 7.3% against the previous month. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($51,080 per ton), while the price for Indonesia ($14,656 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $2,511 per ton, reducing by -68.5% against the previous year. Over the period under review, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 an increase of 76%. The export price peaked at $8,443 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($10,250 per ton), while the average price for exports to Myanmar ($2,381 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 Malaysia (+32.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand

In 2022, approx. 173 tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were imported into Thailand; surging by 56% on the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $5.9M in 2022. In general, imports, however, showed a relatively flat trend pattern.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.43.33.95.2-1.3%
Indonesia0.10.10.10.344.2%
Spain0.10.20.30.344.2%
Maldives0.20.20.2N/A0.0%
Others0.20.1N/AN/A-50.0%
Total6.03.84.55.9-0.6%

Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Thailand in 2022:

  1. Japan (148.5 tons)
  2. Indonesia (15.0 tons)
  3. Spain (6.7 tons)
  4. Maldives (1.3 tons)

Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand

Exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s from Thailand skyrocketed to 8.5 tons in 2022, increasing by 496% compared with the previous year's figure. Overall, exports enjoyed significant growth.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s soared to $21K in 2022. In general, exports, however, showed a abrupt setback.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A19.50%
Japan38.317.910.91.7-64.6%
Nepal2.2N/A0.5N/A-52.3%
Taiwan (Chinese)N/A31.4N/AN/A0%
Others0.10.1N/A0.10.0%
Total40.649.511.421.3-19.3%

Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Thailand in 2022:

  1. Myanmar (8.2 tons)
  2. Japan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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