Price for Fish; Live, Eels (Anguilla Spp.) in the United States - 2023

Contents:

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

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

The average export price for fish; live, eels (anguilla spp.)s stood at $17,500 per ton in 2022, almost unchanged from the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. The export price peaked at $30,132 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($25,549 per ton), while the average price for exports to Hong Kong SAR ($16,139 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 (+3.8%), while the prices for the other major destinations experienced a decline.

Price for Fish; Live, Eels (Anguilla Spp.) in the United States (CIF) - 2023

The average import price for fish; live, eels (anguilla spp.)s stood at $11,895 per ton in September 2023, shrinking by -5.1% against the previous month. Over the period under review, the import price saw a mild descent. The pace of growth was the most pronounced in July 2023 when the average import price increased by 9.9% month-to-month. Over the period under review, average import prices attained the peak figure at $14,721 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Morocco ($16,144 per ton), while the price for Bangladesh ($8,183 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Morocco (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fish; Live, Eels (Anguilla Spp.) in the United States

Fish; live, eels (anguilla spp.) exports from the United States skyrocketed to 1.7K tons in 2022, increasing by 19% against the previous year. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 52%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, fish; live, eels (anguilla spp.) exports soared to $29M in 2022. Over the period under review, exports, however, recorded a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by 68%.

Export of Fish; Live, Eels (Anguilla Spp.) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR23.48.419.515.1-13.6%
Canada0.10.10.18.2334.4%
South Korea7.86.15.05.5-11.0%
Others0.50.10.20.66.3%
Total31.714.724.829.3-2.6%

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

  1. Hong Kong SAR (933.8 tons)
  2. Canada (503.4 tons)
  3. South Korea (214.2 tons)

Imports of Fish; Live, Eels (Anguilla Spp.) in the United States

In 2022, imports of fish; live, eels (anguilla spp.)s into the United States surged to 294 tons, picking up by 37% compared with the year before. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, fish; live, eels (anguilla spp.) imports surged to $3.7M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fish; Live, Eels (Anguilla Spp.) in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoroccoN/AN/A6781,03452.5%
Bangladesh7351994241,02411.7%
Canada40463894692731.9%
EgyptN/AN/AN/A4180%
New Zealand531204N/A296-17.7%
Dominican RepublicN/A157584N/A272.0%
Others13.633.015.22.8-41.0%
Total1,6841,2302,6473,70030.0%

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

  1. Bangladesh (103.4 tons)
  2. Morocco (70.0 tons)
  3. Canada (62.4 tons)
  4. New Zealand (28.8 tons)
  5. Egypt (28.7 tons)

Source: IndexBox Market Intelligence Platform

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