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

Contents:

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

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

In 2022, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $7,916 per ton, growing by 15% against the previous year. Overall, the export price showed a tangible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($7,917 per ton) and the United States ($7,916 per ton), while the average price for exports to Canada ($7,916 per ton) and the UK ($7,916 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $7,109 per ton in 2022, leveling off at the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% 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, haddock (melanogrammus aeglefinus)s decreased by -0.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 15%. Over the period under review, average import prices hit record highs at $7,109 per ton in 2019; afterwards, it flattened through to 2022.

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 China amounted to +4.3% per year.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of fish fillets; frozen, haddock (melanogrammus aeglefinus)s, when their volume decreased by -28.7% to 901 tons. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 573% against the previous year.

In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s declined notably to $7.1M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 526% against the previous year.

Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/A2.44.170.8%
United States0.12.23.62.6196.2%
United Kingdom0.10.20.30.571.0%
PolandN/A0.21.2N/A500.0%
Others0.20.31.1N/A134.5%
Total0.52.98.77.1142.2%

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

  1. Canada (513.5 tons)
  2. United States (323.8 tons)
  3. United Kingdom (59.6 tons)
  4. Poland (4.0 tons)

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

In 2022, overseas purchases of fish fillets; frozen, haddock (melanogrammus aeglefinus)s were finally on the rise to reach 111 tons after two years of decline. Overall, imports, however, continue to indicate a deep downturn.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s surged to $786K in 2022. Over the period under review, imports, however, saw a abrupt setback.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,174892678786-12.5%
Others0.60.5N/AN/A-16.7%
Total1,175893678786-12.5%

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

  1. China (110.5 tons)

Source: IndexBox Market Intelligence Platform

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