Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in China - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in China (FOB) - 2022
  2. Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in China

Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in China (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, swordfish (xiphias gladius)s amounted to $18,618 per ton, falling by -2.5% against the previous year. Over the period from 2014 to 2022, it increased at an average annual rate of +6.6%. The most prominent rate of growth was recorded in 2015 an increase of 45%. Over the period under review, the average export prices reached the peak figure at $19,930 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($21,272 per ton), while the average price for exports to Singapore stood at $9,115 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in China

In 2022, approx. 39 tons of fish fillets; frozen, swordfish (xiphias gladius)s were exported from China; shrinking by -30.9% against the previous year. Overall, exports showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, the exports attained the peak of 56 tons, and then reduced remarkably in the following year.

In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s contracted sharply to $719K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. As a result, the exports attained the peak of $1.1M, and then dropped rapidly in the following year.

Export of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3955511,04264217.6%
Singapore236N/A3.976.9-31.2%
Suriname75.0N/AN/AN/A0%
United KingdomN/A16.3N/AN/A0%
Others9.9N/A20.6N/A44.3%
Total7175671,0677190.1%

Top Export Markets for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) from China in 2022:

  1. South Korea (30.2 tons)
  2. Singapore (8.4 tons)

Source: IndexBox Market Intelligence Platform

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