Price for Fish; Live, Eels (Anguilla Spp.) in Singapore - 2021

Contents:

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

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

The average import price for fish; live, eels (anguilla spp.)s stood at $16,708 per ton in 2022, growing by 13% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 55%. Over the period under review, average import prices reached the maximum at $18,172 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($135,951 per ton), while the price for the Philippines ($608 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (-2.7%), while the prices for the other major suppliers experienced a decline.

Price for Fish; Live, Eels (Anguilla Spp.) in Singapore (FOB) - 2022

In 2022, the average export price for fish; live, eels (anguilla spp.)s amounted to $10,988 per ton, shrinking by -17.7% against the previous year. Overall, the export price, however, posted a mild expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 189%. As a result, the export price reached the peak level of $25,541 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 Malaysia ($11,521 per ton), while the average price for exports to Thailand totaled $6,778 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+57.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of fish; live, eels (anguilla spp.)s into Singapore surged to 50 tons, rising by 58% compared with the previous year. In general, imports saw a tangible expansion. The pace of growth was the most pronounced in 2020 with an increase of 149%. As a result, imports attained the peak of 109 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, fish; live, eels (anguilla spp.) imports soared to $828K in 2022. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 146% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Fish; Live, Eels (Anguilla Spp.) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)24848513438115.4%
Myanmar26.321511517086.3%
Japan13.4198104151124.2%
China18424177.170.8-27.3%
Others13.155.433.355.762.0%
Total4851,19346382819.5%

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

  1. Myanmar (37.7 tons)
  2. Taiwan (Chinese) (6.8 tons)
  3. China (2.3 tons)
  4. Japan (1.1 tons)

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

In 2022, overseas shipments of fish; live, eels (anguilla spp.)s were finally on the rise to reach 80 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous shrinkage.

In value terms, fish; live, eels (anguilla spp.) exports soared to $879 in 2022. In general, exports, however, recorded a significant decrease.

Export of Fish; Live, Eels (Anguilla Spp.) in Singapore (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2831,34424281842.4%
Thailand35.014725.061.020.3%
Vietnam2,397N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,7151,491267879-31.3%

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

  1. Malaysia (71.0 kg)
  2. Thailand (9.0 kg)

Source: IndexBox Market Intelligence Platform

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