Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia (CIF) - 2022
- Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia (FOB) - 2022
- Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia
- Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia
Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia (CIF) - 2022
The average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $3,178 per ton in 2022, reducing by -14.1% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 51%. The import price peaked at $3,818 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($178,000 per ton), while the price for Vietnam ($1,908 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+55.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia (FOB) - 2022
In 2022, the average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $4,113 per ton, dropping by -13.8% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 146%. Over the period under review, the average export prices attained the maximum at $6,702 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +5.6% per year.
Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia
After two years of decline, supplies from abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s increased by 766% to 97 tons in 2022. Overall, imports posted a prominent increase. 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, tilapias (oreochromis spp.)s surged to $308K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.8 | 22.9 | 7.3 | 169 | 41.4% |
| Singapore | 5.1 | 4.7 | 6.8 | 134 | 197.3% |
| Vietnam | 24.8 | 6.6 | 2.7 | 4.4 | -43.8% |
| Indonesia | 71.3 | 31.3 | 21.5 | N/A | -45.1% |
| Others | 7.7 | 2.5 | 3.0 | 0.2 | -70.4% |
| Total | 169 | 68.0 | 41.4 | 308 | 22.1% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Malaysia in 2022:
- Singapore (48.5 tons)
- China (46.1 tons)
- Vietnam (2.3 tons)
Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia
In 2022, the amount of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s exported from Malaysia fell significantly to 2.3 tons, shrinking by -84.9% compared with the previous year's figure. Overall, exports saw a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 743%. As a result, the exports reached the peak of 15 tons, and then fell markedly in the following year.
In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s reduced remarkably to $9.5K in 2022. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 847%. As a result, the exports attained the peak of $73K, and then reduced sharply in the following year.
| Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.7 | 7.7 | 73.2 | 9.5 | 138.5% |
| Ghana | 10.9 | N/A | N/A | N/A | 0% |
| Others | 1.4 | N/A | N/A | N/A | 0% |
| Total | 13.0 | 7.7 | 73.2 | 9.5 | -9.9% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Malaysia in 2022:
- Singapore (2.3 tons)
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