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

Contents:

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

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

In March 2022, the average export price for fish fillets; frozen, swordfish (xiphias gladius)s amounted to $9,001 per ton, rising by 5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in June 2021 an increase of 32% against the previous month. Over the period under review, the average export prices hit record highs in March 2022.

Average prices varied somewhat for the major foreign markets. In March 2022, the highest price was recorded for prices to South Korea ($10,807 per ton) and the United States ($10,055 per ton), while the average price for exports to Japan ($7,508 per ton) and Portugal ($9,173 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, shipments abroad of fish fillets; frozen, swordfish (xiphias gladius)s decreased by -13.9% to 1K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s rose sharply to $9.3M in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.35.83.23.437.8%
Japan2.11.41.72.33.1%
United States1.52.72.82.010.1%
France0.60.20.30.5-5.9%
South Korea0.60.40.10.3-20.6%
Hong Kong SAR0.10.10.20.344.2%
Australia0.20.10.10.20.0%
Portugal2.50.3N/A0.1-65.8%
Others0.70.20.40.2-34.1%
Total9.611.18.99.3-1.1%

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

  1. Italy (364.4 tons)
  2. Japan (287.0 tons)
  3. United States (200.7 tons)
  4. France (52.3 tons)
  5. South Korea (32.0 tons)
  6. Hong Kong SAR (28.6 tons)
  7. Australia (17.8 tons)
  8. Portugal (9.8 tons)

Source: IndexBox Market Intelligence Platform

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