Price for Fish; Live, Eels (Anguilla Spp.) in China - 2023

Contents:

  1. Price for Fish; Live, Eels (Anguilla Spp.) in China (FOB) - 2023
  2. Price for Fish; Live, Eels (Anguilla Spp.) in China (CIF) - 2022
  3. Exports of Fish; Live, Eels (Anguilla Spp.) in China
  4. Imports of Fish; Live, Eels (Anguilla Spp.) in China

Price for Fish; Live, Eels (Anguilla Spp.) in China (FOB) - 2023

The average export price for fish; live, eels (anguilla spp.)s stood at $16,000 per ton in September 2023, which is down by -5.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 8.8% against the previous month. As a result, the export price reached the peak level of $18,046 per ton. From August 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($21,633 per ton), while the average price for exports to Vietnam ($7,549 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.0%), while the prices for the other major destinations experienced a decline.

Price for Fish; Live, Eels (Anguilla Spp.) in China (CIF) - 2022

The average import price for fish; live, eels (anguilla spp.)s stood at $795,501 per ton in 2022, picking up by 304% against the previous year. In general, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,831%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($30,098 per ton), while the price for Myanmar ($7,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-3.3%), while the prices for the other major suppliers experienced a decline.

Exports of Fish; Live, Eels (Anguilla Spp.) in China

For the fourth consecutive year, China recorded growth in overseas shipments of fish; live, eels (anguilla spp.)s, which increased by 39% to 14K tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fish; live, eels (anguilla spp.) exports soared to $257M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish; Live, Eels (Anguilla Spp.) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan164124104151-2.7%
South Korea7.433.018.735.869.1%
Vietnam13.018.221.934.037.8%
Hong Kong SAR21.2N/AN/AN/A0%
Others0.733.740.936.3272.9%
Total2072091862577.5%

Top Export Markets for Fish; Live, Eels (Anguilla Spp.) from China in 2022:

  1. Japan (6.6K tons)
  2. South Korea (2.8K tons)
  3. Vietnam (2.7K tons)

Imports of Fish; Live, Eels (Anguilla Spp.) in China

In 2022, the amount of fish; live, eels (anguilla spp.)s imported into China fell sharply to 208 tons, which is down by -27.4% compared with the previous year's figure. In general, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 315%.

In value terms, fish; live, eels (anguilla spp.) imports soared to $165M in 2022. Overall, imports, however, showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish; Live, Eels (Anguilla Spp.) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A0.80.90.96.1%
Myanmar11.70.11.40.8-59.1%
New Zealand0.10.20.40.344.2%
Indonesia0.20.10.10.1-20.6%
Others6.726.053.4163189.8%
Total18.727.256.3165106.6%

Top Suppliers of Fish; Live, Eels (Anguilla Spp.) to China in 2022:

  1. Myanmar (104.2 tons)
  2. Thailand (39.0 tons)
  3. New Zealand (11.2 tons)
  4. Indonesia (10.9 tons)

Source: IndexBox Market Intelligence Platform

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