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

Contents:

  1. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia
  4. Exports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia

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

The average import price for fish fillets; frozen, swordfish (xiphias gladius)s stood at $8,534 per ton in 2022, with an increase of 30% against the previous year. Overall, import price indicated a measured increase from 2013 to 2022: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, swordfish (xiphias gladius)s increased by +94.1% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 92%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($8,388 per ton), while the price for Taiwan (Chinese) stood at $8,386 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fish fillets; frozen, swordfish (xiphias gladius)s amounted to $1,632 per ton, remaining constant against the previous year. Overall, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2015 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the maximum at $7,190 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($6,389 per ton), while the average price for exports to Thailand stood at $163 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.2%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia

Imports of fish fillets; frozen, swordfish (xiphias gladius)s into Malaysia skyrocketed to 4.1 tons in 2022, rising by 40% on the year before. Over the period under review, imports, however, showed a abrupt curtailment.

In value terms, imports of fish fillets; frozen, swordfish (xiphias gladius)s surged to $35K in 2022. In general, imports, however, continue to indicate a mild descent.

Import of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A6.333.0423.8%
Indonesia3.315.15.71.2-28.6%
New Zealand4.5N/AN/AN/A0%
Singapore22.12.05.6N/A-49.7%
Others7.43.91.81.1-47.0%
Total37.221.019.435.3-1.7%

Top Suppliers of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) to Malaysia in 2022:

  1. Taiwan (Chinese) (3.9 tons)
  2. Indonesia (0.1 tons)

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

Exports of fish fillets; frozen, swordfish (xiphias gladius)s from Malaysia was estimated at 4 tons in 2022, approximately equating 2021. Overall, exports saw a dramatic downturn. The smallest decline of -56.3% was in 2020.

In value terms, exports of fish fillets; frozen, swordfish (xiphias gladius)s stood at $6.5K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of -58.1% was in 2020.

Export of Fish Fillets; Frozen, Swordfish (Xiphias Gladius) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan29.211.9N/A6.0-41.0%
Thailand1.90.8N/A0.5-35.9%
Others0.10.3N/AN/A200.0%
Total31.213.1N/A6.5-40.7%

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

  1. Thailand (3.1 tons)
  2. Japan (0.9 tons)

Source: IndexBox Market Intelligence Platform

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