Price for Fish; Live, Ornamental, Freshwater in Malaysia - 2023
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Malaysia (CIF) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Malaysia (FOB) - 2022
- Imports of Fish; Live, Ornamental, Freshwater in Malaysia
- Exports of Fish; Live, Ornamental, Freshwater in Malaysia
Price for Fish; Live, Ornamental, Freshwater in Malaysia (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $172,889 per ton in 2022, growing by 55% against the previous year. Overall, import price indicated a perceptible expansion from 2013 to 2022: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; live, ornamental, freshwater import price increased by +113.1% against 2019 indices. As a result, import price reached 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 countries with the highest prices were Vietnam ($173,461 per ton) and Brazil ($173,321 per ton), while the price for China ($173,209 per ton) and Japan ($173,212 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in Malaysia (FOB) - 2022
The average fish; live, ornamental, freshwater export price stood at $154,818 per ton in 2022, picking up by 8.7% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($167,121 per ton), while the average price for exports to Uzbekistan ($19,807 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Freshwater in Malaysia
In 2022, supplies from abroad of fish; live, ornamental, freshwater decreased by -18.7% to 77 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year.
In value terms, fish; live, ornamental, freshwater imports skyrocketed to $13M in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Fish; Live, Ornamental, Freshwater in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.6 | 1.1 | 3.7 | 7.8 | 135.1% |
| Japan | 2.1 | 3.1 | 3.0 | 2.2 | 1.6% |
| Singapore | 0.2 | 0.7 | 0.9 | 0.6 | 44.2% |
| Indonesia | 0.7 | 1.4 | 0.7 | 0.6 | -5.0% |
| China | 0.8 | 1.2 | 0.9 | 0.6 | -9.1% |
| Brazil | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Vietnam | N/A | N/A | N/A | 0.4 | 0% |
| Taiwan (Chinese) | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
| New Zealand | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.4 | 0.3 | 0.9 | 0.5 | 7.7% |
| Total | 5.5 | 8.2 | 10.6 | 13.3 | 34.2% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Malaysia in 2022:
- Thailand (44.9 tons)
- Japan (12.7 tons)
- Indonesia (3.7 tons)
- Singapore (3.6 tons)
- China (3.5 tons)
- Vietnam (2.6 tons)
- Brazil (2.3 tons)
- Taiwan (Chinese) (0.5 tons)
Exports of Fish; Live, Ornamental, Freshwater in Malaysia
In 2022, approx. 71 tons of fish; live, ornamental, freshwater were exported from Malaysia; which is down by -23.6% compared with 2021. In general, exports recorded a abrupt downturn. The smallest decline of -11% was in 2020.
In value terms, fish; live, ornamental, freshwater exports reduced notably to $11M in 2022. Overall, exports recorded a abrupt slump. The smallest decline of -9.6% was in 2021.
| Export of Fish; Live, Ornamental, Freshwater in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8,820 | 7,356 | 377 | 3,396 | -27.2% |
| Singapore | 3,012 | 2,418 | 2,991 | 2,969 | -0.5% |
| Vietnam | 28.2 | 415 | 1,518 | 694 | 190.9% |
| Taiwan (Chinese) | 314 | 235 | 197 | 668 | 28.6% |
| Japan | 566 | 535 | 631 | 555 | -0.7% |
| Philippines | 204 | 352 | 449 | 317 | 15.8% |
| Australia | 313 | 490 | 382 | 288 | -2.7% |
| Hong Kong SAR | 76.9 | 121 | 3,752 | 260 | 50.1% |
| Thailand | 257 | 281 | 245 | 238 | -2.5% |
| United States | 280 | 312 | 272 | 225 | -7.0% |
| Algeria | 398 | 145 | 247 | 122 | -32.6% |
| United Arab Emirates | 43.4 | 30.1 | 16.0 | 87.1 | 26.1% |
| Uzbekistan | 20.8 | 11.6 | 5.4 | 23.4 | 4.0% |
| Others | 2,208 | 2,018 | 2,224 | 1,204 | -18.3% |
| Total | 16,541 | 14,719 | 13,306 | 11,046 | -12.6% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Malaysia in 2022:
- China (20.3 tons)
- Singapore (17.8 tons)
- Vietnam (4.2 tons)
- Taiwan (Chinese) (4.0 tons)
- United Arab Emirates (3.7 tons)
- Japan (3.3 tons)
- Philippines (1.9 tons)
- Australia (1.7 tons)
- Hong Kong SAR (1.6 tons)
- Thailand (1.4 tons)
- United States (1.3 tons)
- Uzbekistan (1.2 tons)
- Algeria (0.7 tons)
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