Price for Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR - 2022
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR (CIF) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR (FOB) - 2022
- Imports of Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR
- Exports of Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR
Price for Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR (CIF) - 2022
The average import price for fish; live, ornamental, other than freshwater stood at $8,028 per ton in 2022, declining by -32.8% against the previous year. In general, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2019 an increase of 20%. Over the period under review, average import prices reached the peak figure at $15,199 per ton in 2014; however, from 2015 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 the United States ($48,824 per ton), while the price for the Philippines ($1,597 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.7%), while the prices for the other major suppliers experienced a decline.
Price for Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $35,634 per ton, increasing by 76% against the previous year. Over the period under review, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2021 an increase of 95% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Thailand ($66,656 per ton), while the average price for exports to Taiwan (Chinese) ($13,301 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 Thailand (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR
In 2022, the amount of fish; live, ornamental, other than freshwater imported into Hong Kong SAR skyrocketed to 595 tons, increasing by 54% against 2021. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish; live, ornamental, other than freshwater rose to $4.8M in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,253 | 1,258 | 1,198 | 1,370 | 3.0% |
| Indonesia | 504 | 802 | 938 | 1,016 | 26.3% |
| Philippines | 749 | 499 | 641 | 706 | -2.0% |
| Australia | 185 | 174 | 222 | 266 | 12.9% |
| Kenya | 75.8 | 98.3 | 132 | 126 | 18.5% |
| Others | 1,915 | 1,673 | 1,469 | 1,290 | -12.3% |
| Total | 4,682 | 4,504 | 4,600 | 4,773 | 0.6% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Hong Kong SAR in 2022:
- Philippines (441.7 tons)
- Australia (57.7 tons)
- United States (28.1 tons)
- Indonesia (21.4 tons)
- Kenya (16.6 tons)
Exports of Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of fish; live, ornamental, other than freshwater, which decreased by -26.2% to 11 tons in 2022. Overall, exports continue to indicate a precipitous curtailment.
In value terms, exports of fish; live, ornamental, other than freshwater skyrocketed to $392K in 2022. Over the period under review, exports recorded a relatively flat trend pattern.
| Export of Fish; Live, Ornamental, Other than Freshwater in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 49.4 | 26.8 | 132 | 282 | 78.7% |
| South Korea | 4.2 | 27.5 | 22.4 | 40.4 | 112.7% |
| Thailand | 8.7 | 20.0 | 27.7 | 23.5 | 39.3% |
| Malaysia | 13.2 | 7.1 | 21.2 | 12.5 | -1.8% |
| Taiwan (Chinese) | 43.3 | 66.3 | 36.4 | 11.5 | -35.7% |
| Japan | 15.0 | 15.1 | 8.7 | 9.1 | -15.3% |
| Indonesia | 4.5 | 2.9 | 1.6 | 7.3 | 17.5% |
| United States | 53.6 | 23.8 | 13.8 | N/A | -49.3% |
| South Africa | 45.5 | 3.1 | 9.6 | N/A | -54.1% |
| Philippines | 132 | N/A | N/A | N/A | 0% |
| Singapore | 6.6 | 28.6 | 12.9 | N/A | 39.8% |
| Others | 24.2 | 21.4 | 14.8 | 6.6 | -35.2% |
| Total | 400 | 243 | 301 | 392 | -0.7% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Hong Kong SAR in 2022:
- Macao SAR (6.4 tons)
- South Korea (2.1 tons)
- Taiwan (Chinese) (0.9 tons)
- Indonesia (0.4 tons)
- Thailand (0.4 tons)
- Malaysia (0.3 tons)
- Japan (0.3 tons)
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