Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Japan - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Japan (CIF) - 2023
  2. Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Japan

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Japan (CIF) - 2023

The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $6,714 per ton in November 2023, declining by -1.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 11% against the previous month. The import price peaked at $6,836 per ton in October 2023, and then reduced slightly in the following month.

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

From November 2022 to November 2023, the rate of growth in terms of prices for Norway amounted to +0.1% per month.

Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Japan

In 2022, imports of fish fillets; frozen, coalfish (pollachius virens)s into Japan contracted sharply to 1.3K tons, with a decrease of -18.9% against 2021 figures. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 1.6K tons, and then dropped sharply in the following year.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s dropped slightly to $8M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports reached the peak of $8.4M, and then declined modestly in the following year.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway6.36.58.07.76.9%
United StatesN/AN/A0.30.2-33.3%
Others0.1N/AN/AN/A0%
Total6.56.58.48.07.2%

Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Japan in 2022:

  1. Norway (1262.5 tons)
  2. United States (42.6 tons)

Source: IndexBox Market Intelligence Platform

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