Price for Fish; Live, Ornamental, Freshwater in the Philippines - 2021
Contents:
- Price for Fish; Live, Ornamental, Freshwater in the Philippines (CIF) - 2022
- Price for Fish; Live, Ornamental, Freshwater in the Philippines (FOB) - 2022
- Imports of Fish; Live, Ornamental, Freshwater in the Philippines
- Exports of Fish; Live, Ornamental, Freshwater in the Philippines
Price for Fish; Live, Ornamental, Freshwater in the Philippines (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $702,583 per ton in 2022, jumping by 737% against the previous year. Overall, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +28.9% per year.
Price for Fish; Live, Ornamental, Freshwater in the Philippines (FOB) - 2022
The average fish; live, ornamental, freshwater export price stood at $14,089 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price showed a significant increase. The pace of growth was the most pronounced in 2018 an increase of 20%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($24,194 per ton), while the average price for exports to Macao SAR ($1,000 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+87.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish; Live, Ornamental, Freshwater in the Philippines
In 2022, approx. 12 kg of fish; live, ornamental, freshwater were imported into the Philippines; falling by -88% compared with 2021. Overall, imports showed a sharp downturn. The smallest decline of -13% was in 2021.
In value terms, fish; live, ornamental, freshwater imports reached $8.4K in 2022. Over the period under review, imports saw a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 0.5%.
| Import of Fish; Live, Ornamental, Freshwater in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,433 | N/A | N/A | 8.4 | -82.0% |
| Hong Kong SAR | 176 | 0.2 | 0.3 | N/A | -95.9% |
| Thailand | 340 | 2.0 | 2.0 | N/A | -92.3% |
| Peru | 11.4 | N/A | N/A | N/A | 0% |
| Malaysia | 205 | 2.0 | 1.9 | N/A | -90.4% |
| Indonesia | 326 | 2.4 | 2.3 | N/A | -91.6% |
| Singapore | 194 | 0.9 | 1.0 | N/A | -92.8% |
| Colombia | 14.1 | 0.1 | 0.1 | N/A | -91.6% |
| Others | 49.0 | 0.7 | 0.8 | N/A | -87.2% |
| Total | 2,748 | 8.4 | 8.4 | 8.4 | -85.5% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to the Philippines in 2022:
- Japan (12.0 kg)
Exports of Fish; Live, Ornamental, Freshwater in the Philippines
Fish; live, ornamental, freshwater exports from the Philippines totaled 56 kg in 2022, remaining relatively unchanged against the year before. In general, exports continue to indicate a dramatic slump. The smallest decline of 99.9% was in 2021.
In value terms, fish; live, ornamental, freshwater exports stood at $789 in 2022. Over the period under review, exports continue to indicate a significant contraction. The smallest decline of 99.9% was in 2021.
| Export of Fish; Live, Ornamental, Freshwater in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 7.0 | N/A | 750 | 935.1% | |
| Australia | 245 | N/A | 5.0 | -85.7% | |
| Bahrain | 17.0 | N/A | 1.0 | -75.7% | |
| Canada | 8.0 | N/A | 1.0 | -64.6% | |
| Israel | 73.0 | N/A | 1.0 | -88.3% | |
| Italy | 10.0 | N/A | 1.0 | -68.4% | |
| India | N/A | N/A | 1.0 | 0% | |
| Brunei Darussalam | 104 | N/A | 1.0 | -90.2% | |
| France | 48.0 | N/A | 1.0 | -85.6% | |
| Germany | 20.0 | N/A | 1.0 | -77.6% | |
| Hong Kong SAR | 54.0 | N/A | 1.0 | -86.4% | |
| South Korea | 27.0 | N/A | 1.0 | -80.8% | |
| Macao SAR | 8.0 | N/A | 1.0 | -64.6% | |
| Others | 936 | N/A | 23.0 | -84.3% | |
| Total | 1,557 | N/A | 789 | -28.8% | |
Top Export Markets for Fish; Live, Ornamental, Freshwater from the Philippines in 2022:
- United States (31.0 kg)
- Australia (2.0 kg)
- Bahrain (1.0 kg)
- Canada (1.0 kg)
- Israel (1.0 kg)
- Italy (1.0 kg)
- India (1.0 kg)
- Brunei Darussalam (1.0 kg)
- France (1.0 kg)
- Germany (1.0 kg)
- Hong Kong SAR (1.0 kg)
- South Korea (1.0 kg)
- Macao SAR (1.0 kg)
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