Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia
  4. Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia (CIF) - 2022

The average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $11,404 per ton in 2022, rising by 24% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 99.9%. Over the period under review, average import prices hit record highs at $13,012 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($15,631 per ton), while the price for Norway ($6,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia (FOB) - 2022

The average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $18,976 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2016 a decrease of -38.5%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia

Imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s into Malaysia soared to 4.2 tons in 2022, picking up by 115% against 2021. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 351% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s soared to $48K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 218%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.30.112.041.0415.1%
Norway0.32.73.83.8133.1%
United KingdomN/A0.90.42.049.1%
China0.20.41.0N/A123.6%
Others8.01.50.61.0-50.0%
Total8.75.617.947.876.5%

Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Malaysia in 2022:

  1. Singapore (3.4 tons)
  2. Norway (0.6 tons)
  3. United Kingdom (0.1 tons)

Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia

Exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s from Malaysia stood at 42 kg in 2022, standing approx. at the year before. In general, exports recorded a significant contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $797 in 2022. Over the period under review, exports showed a deep contraction. The smallest decline of 99.9% was in 2021.

Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Malaysia (USD)
COUNTRY202020212022CAGR,
2020-2022
Hong Kong SARN/AN/A7970%
Singapore1,142N/AN/A0%
OthersN/AN/AN/A0%
Total1,142N/A797-16.5%

Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Malaysia in 2022:

  1. Hong Kong SAR (42.0 kg)

Source: IndexBox Market Intelligence Platform

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