Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Hong Kong SAR - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Hong Kong SAR (CIF) - 2023
  2. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Hong Kong SAR

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Hong Kong SAR (CIF) - 2023

The average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $5,262 per ton in November 2023, waning by -2.2% against the previous month. In general, the import price continues to indicate a mild curtailment. Over the period under review, average import prices reached the peak figure at $9,834 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to -1.8% per month.

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Hong Kong SAR

In 2022, overseas purchases of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s decreased by -85.9% to 13 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of 140 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s declined significantly to $83K in 2022. Over the period under review, imports showed a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.214.416.783.084.6%
United States657978900N/A17.0%
Others30.911.623.1N/A-13.5%
Total7011,00394083.0-50.9%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Hong Kong SAR in 2022:

  1. China (13.0 tons)

Source: IndexBox Market Intelligence Platform

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