Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea - 2022

Contents:

  1. Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea (CIF) - 2022
  2. Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea (FOB) - 2022
  3. Imports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea
  4. Exports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea

Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea (CIF) - 2022

In 2022, the average import price for fish; swordfish (xiphias gladius), frozen, other than filletses amounted to $13,018 per ton, surging by 54% against the previous year. In general, the import price saw a noticeable expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 81% against the previous year. The import price peaked at $21,198 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($13,678 per ton), while the price for Ecuador amounted to $8,815 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea (FOB) - 2022

The average export price for fish; swordfish (xiphias gladius), frozen, other than filletses stood at $71,000 per ton in 2022, with an increase of 1,403% against the previous year. Overall, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +30.7% per year.

Imports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea

Imports of fish; swordfish (xiphias gladius), frozen, other than filletses into South Korea surged to 29 tons in 2022, growing by 2,658% against 2021 figures. Overall, imports showed 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; swordfish (xiphias gladius), frozen, other than filletses surged to $382K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.0N/A0.1347602.7%
Ecuador0.4N/A0.135.1344.4%
China26.0N/A0.6N/A-84.8%
Vietnam31.7N/A2.4N/A-72.5%
Others12.9N/A5.8N/A-32.9%
Total72.0N/A9.038274.4%

Top Suppliers of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets to South Korea in 2022:

  1. Spain (25.3 tons)
  2. Ecuador (4.0 tons)

Exports of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea

In 2022, after three years of growth, there was significant decline in overseas shipments of fish; swordfish (xiphias gladius), frozen, other than filletses, when their volume decreased by -99% to 2 kg. Over the period under review, exports recorded a sharp descent. The growth pace was the most rapid in 2021 with an increase of 7.1% against the previous year. As a result, the exports attained the peak of 210 kg, and then dropped markedly in the following year.

In value terms, exports of fish; swordfish (xiphias gladius), frozen, other than filletses fell markedly to $142 in 2022. Overall, exports continue to indicate a dramatic shrinkage. The smallest decline of -19.9% was in 2021.

Export of Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets in South Korea (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.01.01.0142421.7%
United States1,4921,169878N/A-23.3%
Others54.068.0113N/A44.7%
Total1,5471,238992142-54.9%

Top Export Markets for Fish; Swordfish (Xiphias Gladius), Frozen, Other than Fillets from South Korea in 2022:

  1. Australia (2.0 kg)

Source: IndexBox Market Intelligence Platform

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