Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore (CIF) - 2022
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore (FOB) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore (CIF) - 2022
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $10,628 per ton in 2022, declining by -3.8% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by +80.2% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure at $11,053 per ton in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($27,762 per ton), while the price for China ($6,141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore (FOB) - 2022
The average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $15,886 per ton in 2022, shrinking by -5.6% against the previous year. In general, the export price continues to indicate a noticeable slump. The growth pace was the most rapid in 2017 an increase of 23%. Over the period under review, the average export prices reached the peak figure at $30,897 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($29,994 per ton), while the average price for exports to Indonesia ($5,710 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 Vietnam (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore
In 2022, supplies from abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -7.7% to 159 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 171% against the previous year. As a result, imports reached the peak of 196 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s reduced to $1.7M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 102%.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 78.1 | 49.0 | 160 | 449 | 79.1% |
| China | 210 | 530 | 354 | 397 | 23.6% |
| United Kingdom | 250 | 391 | 458 | 200 | -7.2% |
| New Zealand | 71.9 | 82.7 | 157 | 132 | 22.4% |
| Norway | 0.2 | 102 | 106 | 131 | 768.5% |
| United States | 8.5 | 17.6 | 38.6 | 99.4 | 127.0% |
| Malaysia | 17.1 | 52.3 | 350 | 76.9 | 65.1% |
| Vietnam | 10.9 | 43.9 | 45.3 | 35.2 | 47.8% |
| Others | 115 | 271 | 232 | 165 | 12.8% |
| Total | 762 | 1,539 | 1,900 | 1,687 | 30.3% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Singapore in 2022:
- China (64.6 tons)
- Japan (28.0 tons)
- United Kingdom (15.8 tons)
- New Zealand (14.8 tons)
- Norway (10.6 tons)
- United States (5.7 tons)
- Vietnam (4.4 tons)
- Malaysia (2.8 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore
In 2022, overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were finally on the rise to reach 18 tons after two years of decline. Over the period under review, exports, however, continue to indicate a sharp descent.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s soared to $288K in 2022. Overall, exports, however, faced a significant decrease.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 198 | 145 | 95.1 | 95.7 | -21.5% |
| Brunei Darussalam | 54.3 | 72.7 | 37.8 | 77.4 | 12.5% |
| Qatar | 51.7 | 16.3 | 32.1 | 64.0 | 7.4% |
| Malaysia | 550 | 551 | 18.3 | 21.0 | -66.3% |
| Philippines | 0.9 | N/A | 27.7 | 9.7 | 120.9% |
| Vietnam | 23.5 | 3.1 | N/A | 7.1 | -32.9% |
| Indonesia | 14.1 | 4.6 | 2.9 | 3.3 | -38.4% |
| United Arab Emirates | N/A | 79.7 | N/A | N/A | 0% |
| Others | 63.7 | 49.2 | 1.7 | 9.4 | -47.2% |
| Total | 956 | 922 | 216 | 288 | -33.0% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Singapore in 2022:
- Qatar (9.2 tons)
- South Korea (3.2 tons)
- Brunei Darussalam (3.0 tons)
- Malaysia (1.0 tons)
- Indonesia (0.6 tons)
- Philippines (0.5 tons)
- Vietnam (0.3 tons)
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