Price for Fish; Live, Ornamental, Other than Freshwater in the United States - 2023
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in the United States (CIF) - 2023
- Price for Fish; Live, Ornamental, Other than Freshwater in the United States (FOB) - 2023
- Imports of Fish; Live, Ornamental, Other than Freshwater in the United States
- Exports of Fish; Live, Ornamental, Other than Freshwater in the United States
Price for Fish; Live, Ornamental, Other than Freshwater in the United States (CIF) - 2023
In December 2023, the average import price for fish; live, ornamental, other than freshwater amounted to $11,489 per ton, rising by 10% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in January 2023 an increase of 15% against the previous month. Over the period under review, average import prices hit record highs in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($98,242 per ton), while the price for the Philippines ($5,720 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Other than Freshwater in the United States (FOB) - 2023
The average export price for fish; live, ornamental, other than freshwater stood at $21,133 per ton in December 2023, picking up by 27% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average export price increased by 85% against the previous month. As a result, the export price reached the peak level of $30,076 per ton. From November 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Germany ($112K per ton), while the average price for exports to Bahamas ($6,470 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Other than Freshwater in the United States
In 2022, after three years of growth, there was decline in purchases abroad of fish; live, ornamental, other than freshwater, when their volume decreased by -3.8% to 996 tons. Overall, imports, however, posted strong growth. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 1K tons, and then reduced slightly in the following year.
In value terms, imports of fish; live, ornamental, other than freshwater declined modestly to $9.4M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $9.6M, and then shrank modestly in the following year.
| Import of Fish; Live, Ornamental, Other than Freshwater in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Indonesia | 2,138 | 2,045 | 1,898 | -5.8% | |
| Philippines | 864 | 1,393 | 1,164 | 16.1% | |
| Fiji | 656 | 680 | 942 | 19.8% | |
| Sri Lanka | 738 | 964 | 887 | 9.6% | |
| Thailand | 313 | 354 | 371 | 8.9% | |
| French Polynesia | 161 | 302 | 306 | 37.9% | |
| Singapore | 17.4 | 271 | 298 | 313.8% | |
| Maldives | 170 | 253 | 284 | 29.3% | |
| Marshall Islands | 272 | 268 | 273 | 0.2% | |
| Australia | 146 | 362 | 249 | 30.6% | |
| Kenya | 162 | 231 | 227 | 18.4% | |
| Dominican Republic | 116 | 176 | 189 | 27.6% | |
| Haiti | 310 | 105 | 116 | -38.8% | |
| Others | 1,275 | 2,148 | 2,196 | 31.2% | |
| Total | 7,337 | 9,550 | 9,398 | 13.2% | |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to the United States in 2022:
- Philippines (246.1 tons)
- Fiji (175.6 tons)
- Indonesia (144.9 tons)
- Sri Lanka (133.3 tons)
- Maldives (34.4 tons)
- Kenya (32.2 tons)
- Thailand (17.0 tons)
- Dominican Republic (17.0 tons)
- Singapore (16.7 tons)
- French Polynesia (15.6 tons)
- Australia (15.1 tons)
- Marshall Islands (14.0 tons)
- Haiti (11.7 tons)
Exports of Fish; Live, Ornamental, Other than Freshwater in the United States
In 2022, overseas shipments of fish; live, ornamental, other than freshwater increased by 5.1% to 163 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic curtailment.
In value terms, exports of fish; live, ornamental, other than freshwater dropped slightly to $2.9M in 2022. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.9%.
| Export of Fish; Live, Ornamental, Other than Freshwater in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 818 | 755 | 900 | 1,085 | 9.9% |
| Hong Kong SAR | 1,296 | 414 | 266 | 280 | -40.0% |
| Taiwan (Chinese) | 352 | 296 | 184 | 217 | -14.9% |
| Germany | 254 | 220 | 198 | 143 | -17.4% |
| Japan | 168 | 94.4 | 69.2 | 110 | -13.2% |
| Australia | 19.6 | 53.5 | 66.1 | 105 | 75.0% |
| Netherlands | 182 | 220 | 211 | 99.1 | -18.3% |
| United Kingdom | 324 | 189 | 89.2 | 89.6 | -34.8% |
| Bermuda | 42.3 | 26.3 | 45.9 | 86.9 | 27.1% |
| Panama | 25.0 | 17.8 | 54.9 | 64.6 | 37.2% |
| South Korea | 49.3 | 19.6 | 2.6 | 41.1 | -5.9% |
| France | 17.3 | 35.1 | 22.0 | 36.6 | 28.4% |
| Bahamas | 12.3 | 7.7 | 13.5 | 20.5 | 18.6% |
| Others | 1,027 | 591 | 842 | 501 | -21.3% |
| Total | 4,588 | 2,940 | 2,966 | 2,880 | -14.4% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from the United States in 2022:
- Canada (81.6 tons)
- Hong Kong SAR (11.1 tons)
- Taiwan (Chinese) (8.7 tons)
- Panama (8.0 tons)
- South Korea (5.6 tons)
- France (5.2 tons)
- Bermuda (4.1 tons)
- United Kingdom (3.3 tons)
- Germany (3.3 tons)
- Netherlands (3.0 tons)
- Australia (2.8 tons)
- Japan (2.7 tons)
- Bahamas (2.6 tons)
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