Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia
  4. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,910 per ton, with an increase of 45% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 126% against the previous year. As a result, the export price reached the peak level of $8,345 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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 the United States ($8,200 per ton), while the average price for exports to Thailand ($1,308 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 the United States (+1.1%), while the prices for the other major destinations experienced a decline.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $4,714 per ton, declining by -59.8% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. As a result, import price attained the peak level of $20,221 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +28.7% per year.

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia

In 2022, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s from Indonesia soared to 4.3K tons, rising by 60% compared with the year before. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 151%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s skyrocketed to $34M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 137% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A27.20%
Canada3.910.414.36.719.8%
Thailand0.50.30.30.1-41.5%
Others0.1N/A0.10.344.2%
Total4.510.614.834.497.0%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Indonesia in 2022:

  1. United States (3.3K tons)
  2. Canada (0.9K tons)
  3. Thailand (0.1K tons)

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia

In 2022, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into Indonesia fell dramatically to 7 kg, declining by -98.4% on 2021. In general, imports faced a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 1,032% against the previous year.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell notably to $33 in 2022. Overall, imports faced a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 1,019% against the previous year.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/AN/A0%
Germany3.40.22.8N/A-9.3%
MalaysiaN/AN/A0.9N/A0%
Singapore10.70.21.3N/A-65.1%
OthersN/AN/AN/AN/A0%
Total14.10.55.0N/A-40.5%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Indonesia in 2022:

  1. China (7.0 kg)

Source: IndexBox Market Intelligence Platform

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