Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China - 2023
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China (FOB) - 2023
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China (CIF) - 2022
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China
- Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China (FOB) - 2023
The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $2,921 per ton in December 2023, which is down by -9.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average export price increased by 43% month-to-month. As a result, the export price reached the peak level of $3,236 per ton, and then contracted in the following month.
As there is only one major export destination, the average price level is determined by prices for Japan.
From December 2022 to December 2023, the rate of growth in terms of prices for Japan amounted to -0.2% per month.
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $3,489 per ton, jumping by 83% against the previous year. Over the period under review, the import price saw temperate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iceland ($54,683 per ton), while the price for Russia ($1,226 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+56.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China
In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s exported from China skyrocketed to 667 tons, increasing by 16% on the previous year's figure. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1.8M in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.5 | 1.4 | 1.6 | 1.8 | 6.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 1.4 | 1.6 | 1.8 | 6.3% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from China in 2022:
- Japan (667.0 tons)
Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China
In 2022, purchases abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s was finally on the rise to reach 133 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a deep setback.
In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s skyrocketed to $465K in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 150 | 222 | N/A | 258 | 19.8% |
| Norway | 102 | N/A | N/A | 108 | 1.9% |
| Russia | 59.3 | 4.0 | N/A | 49.5 | -5.8% |
| Ireland | 37.5 | N/A | N/A | 48.9 | 9.3% |
| France | N/A | 30.3 | 20.1 | N/A | -33.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 349 | 257 | 20.1 | 465 | 10.0% |
Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to China in 2022:
- Norway (57.6 tons)
- Russia (40.4 tons)
- Ireland (30.6 tons)
- Iceland (4.7 tons)
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