Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Vietnam - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Vietnam (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Vietnam

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Vietnam (CIF) - 2022

The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $36,497 per ton in 2022, increasing by 18% against the previous year. Over the last two years, it increased at an average annual rate of +6.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($36,499 per ton), while the price for Australia totaled $36,493 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by France (+29.6%), while the prices for the other major suppliers experienced a decline.

Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Vietnam

For the third consecutive year, Vietnam recorded growth in overseas purchases of fish fillets; frozen, toothfish (dissostichus spp.)s, which increased by 95% to 4.1 tons in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,489%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s surged to $150K in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 4,273% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Vietnam (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
SpainN/AN/A1080%
Australia0.1N/A42.91971.2%
United States0.934.6N/A3744.4%
France0.430.5N/A7525.0%
Others0.1N/AN/A0%
Total1.565.1150900.0%

Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to Vietnam in 2022:

  1. Spain (2.9 tons)
  2. Australia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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