Price for Fish; Live, Ornamental, Other than Freshwater in Singapore - 2022
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Singapore (CIF) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Singapore (FOB) - 2022
- Imports of Fish; Live, Ornamental, Other than Freshwater in Singapore
- Exports of Fish; Live, Ornamental, Other than Freshwater in Singapore
Price for Fish; Live, Ornamental, Other than Freshwater in Singapore (CIF) - 2022
In 2022, the average import price for fish; live, ornamental, other than freshwater amounted to $14,310 per ton, dropping by -13.9% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $51,844 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($41,950 per ton), while the price for Malaysia ($2,659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+3.2%), while the prices for the other major suppliers experienced a decline.
Price for Fish; Live, Ornamental, Other than Freshwater in Singapore (FOB) - 2022
The average export price for fish; live, ornamental, other than freshwater stood at $10,647 per ton in 2022, declining by -3.5% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 32%. Over the period under review, the average export prices reached the peak figure at $19,046 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($13,335 per ton), while the average price for exports to Turkey ($5,000 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 Denmark (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Other than Freshwater in Singapore
In 2022, the amount of fish; live, ornamental, other than freshwater imported into Singapore declined slightly to 49 tons, with a decrease of -2.7% compared with 2021. Over the period under review, imports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 9.2%.
In value terms, imports of fish; live, ornamental, other than freshwater declined notably to $697K in 2022. Overall, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
| Import of Fish; Live, Ornamental, Other than Freshwater in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 366 | 174 | 199 | 239 | -13.2% |
| Philippines | 134 | 42.4 | 72.7 | 106 | -7.5% |
| United States | 226 | 92.7 | 78.0 | 85.8 | -27.6% |
| Taiwan (Chinese) | 34.0 | 27.6 | 39.1 | 52.4 | 15.5% |
| Australia | 23.0 | 9.1 | 13.3 | 26.6 | 5.0% |
| Kenya | 21.3 | 7.0 | 6.7 | 25.1 | 5.6% |
| French Polynesia | 3.1 | 0.6 | 1.0 | 16.6 | 75.0% |
| Malaysia | 185 | 5.6 | 1.3 | 2.5 | -76.2% |
| South Africa | 299 | 234 | 280 | N/A | -3.2% |
| Others | 126 | 102 | 141 | 144 | 4.6% |
| Total | 1,418 | 694 | 832 | 697 | -21.1% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Singapore in 2022:
- Philippines (21.8 tons)
- Taiwan (Chinese) (7.3 tons)
- Indonesia (6.4 tons)
- French Polynesia (3.7 tons)
- Australia (2.1 tons)
- United States (2.0 tons)
- Kenya (1.7 tons)
- Malaysia (0.9 tons)
Exports of Fish; Live, Ornamental, Other than Freshwater in Singapore
Exports of fish; live, ornamental, other than freshwater from Singapore declined significantly to 8.3 tons in 2022, which is down by -58.1% on the previous year. Overall, exports saw a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year.
In value terms, exports of fish; live, ornamental, other than freshwater dropped sharply to $88K in 2022. In general, exports recorded a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 10% against the previous year.
| Export of Fish; Live, Ornamental, Other than Freshwater in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.7 | 0.9 | 10.3 | 39.6 | 33.3% |
| Malaysia | 2.3 | 0.1 | 0.1 | 15.3 | 88.1% |
| United Kingdom | 21.5 | 10.4 | 9.5 | 7.3 | -30.2% |
| Georgia | 0.1 | N/A | N/A | 3.1 | 214.1% |
| Denmark | 15.1 | 3.1 | 5.2 | 3.1 | -41.0% |
| France | 8.7 | 1.7 | 0.9 | 3.0 | -29.9% |
| Japan | 0.9 | 0.3 | 0.1 | 2.3 | 36.7% |
| Greece | 1.9 | 0.5 | 1.1 | 1.9 | 0.0% |
| Romania | 4.5 | 0.5 | 1.0 | 1.7 | -27.7% |
| South Africa | 18.0 | 8.9 | 9.0 | 1.0 | -61.8% |
| Italy | 16.7 | 2.5 | 2.0 | 0.4 | -71.2% |
| Russia | 28.0 | 2.6 | 3.7 | N/A | -63.6% |
| China | 64.0 | 29.9 | 41.3 | N/A | -19.7% |
| Others | 251 | 136 | 134 | 9.2 | -66.8% |
| Total | 449 | 197 | 218 | 88.1 | -41.9% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Singapore in 2022:
- United States (3071.0 kg)
- Malaysia (2176.0 kg)
- United Kingdom (604.0 kg)
- France (484.0 kg)
- Greece (288.0 kg)
- Georgia (267.0 kg)
- Denmark (241.0 kg)
- Japan (173.0 kg)
- Romania (143.0 kg)
- South Africa (78.0 kg)
- Italy (46.0 kg)
- Russia (4.0 kg)
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