Price for Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR - 2023
Contents:
- Price for Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR (CIF) - 2022
- Price for Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR (FOB) - 2022
- Imports of Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR
- Exports of Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR
Price for Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for fish; live, eels (anguilla spp.)s amounted to $125,297 per ton, dropping by -37.8% against the previous year. Over the period under review, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 135%. Over the period under review, average import prices attained the peak figure at $201,435 per ton in 2021, and then fell rapidly in the following year.
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 Australia ($531,435 per ton), while the price for Bangladesh ($7,720 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+48.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR (FOB) - 2022
The average export price for fish; live, eels (anguilla spp.)s stood at $90,081 per ton in 2022, dropping by -41.2% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 64%. The export price peaked at $190,514 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($886,165 per ton), while the average price for exports to China ($80,070 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR
Fish; live, eels (anguilla spp.) imports into Hong Kong SAR soared to 882 tons in 2022, with an increase of 165% compared with the previous year's figure. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fish; live, eels (anguilla spp.) imports soared to $111M in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 103%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 47.1 | 18.7 | 30.5 | 49.1 | 1.4% |
| United States | 9.2 | 9.3 | 18.6 | 42.3 | 66.3% |
| China | 7.6 | 3.3 | 0.6 | 10.2 | 10.3% |
| Philippines | 0.8 | 0.1 | 0.1 | 2.5 | 46.2% |
| Bangladesh | 0.1 | N/A | 0.8 | 0.7 | 91.3% |
| Others | 1.4 | 1.8 | 16.5 | 5.9 | 61.5% |
| Total | 66.2 | 33.1 | 67.1 | 111 | 18.8% |
Top Suppliers of Fish; Live, Eels (Anguilla Spp.) to Hong Kong SAR in 2022:
- China (545.9 tons)
- Canada (110.7 tons)
- United States (96.9 tons)
- Bangladesh (87.8 tons)
- Philippines (32.1 tons)
Exports of Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR
In 2022, overseas shipments of fish; live, eels (anguilla spp.)s increased by 524% to 988 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fish; live, eels (anguilla spp.) exports soared to $89M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish; Live, Eels (Anguilla Spp.) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.1 | 10.5 | 9.4 | 77.5 | 40.2% |
| Japan | 17.4 | 9.2 | 6.5 | 6.1 | -29.5% |
| South Korea | 5.2 | 19.4 | 8.4 | 5.2 | 0.0% |
| Others | 0.7 | 4.4 | N/A | 0.2 | -34.1% |
| Total | 51.4 | 43.5 | 24.3 | 89.0 | 20.1% |
Top Export Markets for Fish; Live, Eels (Anguilla Spp.) from Hong Kong SAR in 2022:
- China (967.7 tons)
- Japan (13.6 tons)
- South Korea (5.9 tons)
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