Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore - 2022
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore (FOB) - 2022
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore (CIF) - 2022
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore
- Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore (FOB) - 2022
The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $7,568 per ton in September 2022, rising by 8.6% against the previous month. Over the period under review, export price indicated a noticeable increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s increased by +8.6% against August 2022 indices. The pace of growth appeared the most rapid in February 2022 an increase of 24% against the previous month. Over the period under review, the average export prices reached the peak figure in September 2022.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From September 2021 to September 2022, the rate of growth in terms of prices for Malaysia amounted to +4.7% per month.
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore (CIF) - 2022
The average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $3,767 per ton in 2022, waning by -2.9% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 130%. As a result, import price reached the peak level of $24,829 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -3.7% per year.
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore
In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s exported from Singapore soared to 210 tons, jumping by 18% compared with 2021 figures. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. 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 surged to $1.1M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 955 | 819 | 846 | 1,061 | 3.6% |
| Others | 0.3 | 1.1 | 2.8 | N/A | 205.5% |
| Total | 955 | 820 | 849 | 1,061 | 3.6% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Singapore in 2022:
- Malaysia (210.2 tons)
Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore
For the third year in a row, Singapore recorded decline in supplies from abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, which decreased by -21.5% to 50 tons in 2022. In general, imports continue to indicate a dramatic downturn. The smallest decline of -15.5% was in 2021.
In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s declined sharply to $189K in 2022. Overall, imports continue to indicate a abrupt descent. The smallest decline of -9.7% was in 2021.
| Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 333 | 266 | 234 | 179 | -18.7% |
| Others | 8.1 | 7.9 | 13.7 | 9.1 | 4.0% |
| Total | 341 | 274 | 247 | 189 | -17.9% |
Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Singapore in 2022:
- Malaysia (49.6 tons)
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