Price for Fish; Live, Ornamental, Other than Freshwater in Malaysia - 2022
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Malaysia (CIF) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Malaysia (FOB) - 2022
- Imports of Fish; Live, Ornamental, Other than Freshwater in Malaysia
- Exports of Fish; Live, Ornamental, Other than Freshwater in Malaysia
Price for Fish; Live, Ornamental, Other than Freshwater in Malaysia (CIF) - 2022
The average import price for fish; live, ornamental, other than freshwater stood at $15,503 per ton in 2022, with an increase of 18% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($15,229 per ton) and Indonesia ($15,229 per ton), while the price for Australia ($14,813 per ton) and the United States ($15,080 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Other than Freshwater in Malaysia (FOB) - 2022
The average export price for fish; live, ornamental, other than freshwater stood at $17,209 per ton in 2022, with an increase of 20% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62%. The export price peaked at $22,465 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($17,209 per ton) and China ($17,209 per ton), while the average price for exports to the United Arab Emirates ($17,184 per ton) and Vietnam ($17,202 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Other than Freshwater in Malaysia
In 2022, approx. 155 tons of fish; live, ornamental, other than freshwater were imported into Malaysia; surging by 15% against the previous year's figure. Overall, imports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of fish; live, ornamental, other than freshwater soared to $2.4M in 2022. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 125%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Fish; Live, Ornamental, Other than Freshwater in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 40.7 | 305 | 682 | 885 | 179.1% |
| China | 453 | 154 | 573 | 479 | 1.9% |
| Thailand | 135 | 145 | 235 | 337 | 35.7% |
| Colombia | N/A | N/A | N/A | 246 | 0% |
| Indonesia | 712 | 150 | 92.2 | 195 | -35.1% |
| Brazil | N/A | N/A | N/A | 127 | 0% |
| India | N/A | N/A | N/A | 79.2 | 0% |
| Australia | 270 | 5.2 | 7.1 | 0.2 | -91.0% |
| Others | 122 | 27.3 | 183 | 54.8 | -23.4% |
| Total | 1,732 | 787 | 1,773 | 2,404 | 11.5% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Malaysia in 2022:
- Taiwan (Chinese) (58.1 tons)
- China (31.4 tons)
- Thailand (22.1 tons)
- Colombia (16.2 tons)
- Indonesia (12.8 tons)
- Brazil (8.3 tons)
- India (5.2 tons)
Exports of Fish; Live, Ornamental, Other than Freshwater in Malaysia
In 2022, shipments abroad of fish; live, ornamental, other than freshwater was finally on the rise to reach 56 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp decline.
In value terms, exports of fish; live, ornamental, other than freshwater skyrocketed to $971K in 2022. Overall, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish; Live, Ornamental, Other than Freshwater in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 469 | 401 | 364 | 441 | -2.0% |
| China | 108 | 0.2 | 0.4 | 226 | 27.9% |
| Iran | N/A | 65.3 | 161 | 122 | 36.7% |
| Singapore | 28.9 | 17.5 | 42.0 | 53.7 | 22.9% |
| Hong Kong SAR | 3.6 | 3.4 | 1.4 | 31.1 | 105.2% |
| Vietnam | N/A | N/A | N/A | 17.6 | 0% |
| Australia | 22.3 | 11.1 | 8.6 | 4.4 | -41.8% |
| United Arab Emirates | 110 | 37.8 | 103 | 3.2 | -69.2% |
| Portugal | 27.4 | 5.2 | N/A | 1.8 | -59.7% |
| Others | 98.1 | 96.4 | 42.3 | 70.1 | -10.6% |
| Total | 868 | 638 | 722 | 971 | 3.8% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Malaysia in 2022:
- United States (25.6 tons)
- China (13.1 tons)
- Iran (7.1 tons)
- Singapore (3.1 tons)
- Hong Kong SAR (1.8 tons)
- Vietnam (1.0 tons)
- Australia (0.3 tons)
- United Arab Emirates (0.2 tons)
- Portugal (0.1 tons)
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