Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Indonesia - 2022

Contents:

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

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

In February 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $1,483 per ton, falling by -7.9% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2021 an increase of 14% m-o-m. As a result, import price attained the peak level of $1,771 per ton. From January 2022 to February 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 Canada.

From March 2021 to February 2022, the rate of growth in terms of prices for Canada amounted to +0.3% per month.

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

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $5,376 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $8,880 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($6,379 per ton), while the average price for exports to China ($1,319 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 Singapore (-0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 27 tons of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were imported into Indonesia; which is down by -5.8% against the previous year's figure. Overall, imports faced a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s reached $42K in 2022. In general, imports continue to indicate a sharp descent.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam49.425.734.233.4-12.2%
South Korea6.82.93.28.57.7%
Chile170N/AN/AN/A0%
CanadaN/A17.9N/AN/A0%
Others0.50.50.50.50.0%
Total22747.137.942.5-42.8%

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

  1. Vietnam (25.7 tons)
  2. South Korea (1.0 tons)

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

In 2022, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s from Indonesia shrank significantly to 249 tons, which is down by -48.5% on 2021. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,316%. As a result, the exports attained the peak of 483 tons, and then fell notably in the following year.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s contracted notably to $1.3M in 2022. In general, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 4,857% against the previous year. As a result, the exports attained the peak of $2.6M, and then fell markedly in the following year.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12036.21,9121,113110.1%
Canada17.90.932210278.6%
Singapore3304.511845.4-48.4%
Japan1421.711435.7-36.9%
Dominican Republic1045.094.927.8-35.6%
China10.10.110.53.3-31.1%
Others69.04.452.611.1-45.6%
Total79352.92,6241,33919.1%

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

  1. United States (196.5 tons)
  2. Canada (25.1 tons)
  3. Singapore (15.4 tons)
  4. Japan (5.6 tons)
  5. China (2.5 tons)
  6. Dominican Republic (1.6 tons)

Source: IndexBox Market Intelligence Platform

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