Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China (FOB) - 2023
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China
  4. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China (FOB) - 2023

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,021 per ton in December 2023, waning by -6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 5.3% against the previous month. The export price peaked at $6,569 per ton in February 2023; however, from March 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($11,636 per ton), while the average price for exports to Russia ($2,100 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $4,989 per ton, remaining stable against the previous year. Over the period under review, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2016 an increase of 69% against the previous year. As a result, import price reached the peak level of $8,986 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($22,035 per ton), while the price for Greenland amounted to $3,853 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+22.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China

In 2022, after two years of decline, there was significant growth in shipments abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s, when their volume increased by 9.4% to 54K tons. Overall, exports, however, saw a abrupt decline.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s surged to $335M in 2022. Over the period under review, exports, however, showed a pronounced downturn.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan11597.494.2106-2.7%
United States77.375.548.072.5-2.1%
France34.025.520.729.8-4.3%
Canada36.425.417.821.6-16.0%
Netherlands31.917.813.721.3-12.6%
Spain10.18.36.513.39.6%
South Korea8.05.66.610.59.5%
Poland12.210.510.19.5-8.0%
Germany9.08.18.18.7-1.1%
Belgium6.94.23.44.8-11.4%
Russia4.23.74.04.1-0.8%
Greece6.13.83.33.8-14.6%
Others32.024.021.529.1-3.1%
Total383310258335-4.4%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from China in 2022:

  1. Japan (13.0K tons)
  2. United States (12.5K tons)
  3. France (5.1K tons)
  4. Netherlands (3.9K tons)
  5. Canada (3.4K tons)
  6. Spain (2.9K tons)
  7. South Korea (2.3K tons)
  8. Poland (2.0K tons)
  9. Russia (1.5K tons)
  10. Germany (1.4K tons)
  11. Greece (0.9K tons)
  12. Belgium (0.9K tons)

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China

In 2022, after three years of growth, there was significant decline in purchases abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s, when their volume decreased by -21.2% to 326 tons. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 74%.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s reduced remarkably to $1.6M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of $2.1M, and then contracted notably in the following year.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greenland4879572,0081,17934.3%
JapanN/AN/AN/A4500%
Spain30.9N/AN/AN/A0%
United StatesN/A68.7N/AN/A0%
CanadaN/AN/A32.9N/A0%
Others12413555.1N/A-33.3%
Total6431,1612,0961,62836.3%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to China in 2022:

  1. Greenland (305.9 tons)
  2. Japan (20.4 tons)

Source: IndexBox Market Intelligence Platform

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