Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hong Kong SAR - 2022
Contents:
- Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hong Kong SAR (CIF) - 2022
- Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hong Kong SAR
Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $7,909 per ton, growing by 6.7% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% 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, nile perch (lates niloticus)s decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 39%. The import price peaked at $8,179 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($13,276 per ton), while the price for Vietnam ($7,456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hong Kong SAR
In 2022, purchases abroad of fish fillets; frozen, nile perch (lates niloticus)s decreased by -4.2% to 18 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 93% against the previous year.
In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s rose slightly to $145K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 141%. As a result, imports attained the peak of $149K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 51.0 | 138 | 121 | 123 | 34.1% |
| Tanzania | 2.0 | 2.4 | 13.9 | 15.9 | 99.6% |
| Singapore | 8.5 | 8.4 | 6.8 | 6.5 | -8.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.6 | 149 | 142 | 145 | 33.0% |
Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Hong Kong SAR in 2022:
- Vietnam (16.5 tons)
- Tanzania (1.4 tons)
- Singapore (0.5 tons)
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