Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia - 2023
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia (CIF) - 2022
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia (FOB) - 2022
- Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $3,607 per ton, shrinking by -83.4% against the previous year. Over the period under review, the import price, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 995%. As a result, import price reached the peak level of $21,735 per ton, and then contracted significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($19,869 per ton), while the price for Vietnam totaled $2,766 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia (FOB) - 2022
The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $5,184 per ton in 2022, surging by 56% against the previous year. Over the period under review, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 132% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2017 to 2022, the rate of growth in terms of prices for Singapore amounted to +19.3% per year.
Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia
In 2022, approx. 7.5 tons of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s were imported into Malaysia; picking up by 2,074% against 2021 figures. Over the period under review, imports enjoyed a remarkable increase.
In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s surged to $27K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 326%. As a result, imports reached the peak of $55K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 9.4 | N/A | N/A | 19.6 | 27.8% |
| France | N/A | 1.5 | 6.5 | 6.8 | 112.9% |
| Poland | N/A | 46.7 | N/A | N/A | 0% |
| Others | 3.4 | 6.4 | 1.0 | 0.6 | -43.9% |
| Total | 12.8 | 54.7 | 7.5 | 27.0 | 28.2% |
Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Malaysia in 2022:
- Vietnam (7.1 tons)
- France (0.3 tons)
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia
After two years of decline, shipments abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s increased by 351% to 730 kg in 2022. In general, exports, however, saw a abrupt curtailment.
In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s surged to $3.8K in 2022. Over the period under review, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.5 | 0.9 | 0.5 | 3.8 | 15.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.5 | 0.9 | 0.5 | 3.8 | 15.0% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Malaysia in 2022:
- Singapore (730.0 kg)
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