Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR - 2022
Contents:
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR (CIF) - 2022
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR (FOB) - 2022
- Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR
- Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for fish; toothfish (dissostichus spp.), frozen, other than filletses amounted to $48,370 per ton, with an increase of 14% against the previous year. Overall, the import price posted a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 98% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 France ($65,511 per ton), while the price for Japan ($20,287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for fish; toothfish (dissostichus spp.), frozen, other than filletses amounted to $8,778 per ton, picking up by 3.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +4.6% per year.
Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR
In 2022, the amount of fish; toothfish (dissostichus spp.), frozen, other than filletses imported into Hong Kong SAR shrank rapidly to 5.4 tons, dropping by -69.5% compared with the year before. Over the period under review, imports faced a dramatic curtailment. The smallest decline of -4.2% was in 2021.
In value terms, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses contracted sharply to $261K in 2022. Overall, imports showed a precipitous decrease. The smallest decline of -5.8% was in 2021.
| Import of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 523 | 368 | 349 | 105 | -41.4% |
| Chile | 37.7 | 34.6 | 35.9 | 31.4 | -5.9% |
| Japan | 13.5 | 16.4 | 18.6 | 19.2 | 12.5% |
| Australia | 168 | N/A | N/A | N/A | 0% |
| Others | 523 | 380 | 349 | 105 | -41.4% |
| Total | 1,265 | 799 | 753 | 261 | -40.9% |
Top Suppliers of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets to Hong Kong SAR in 2022:
- France (1.6 tons)
- Chile (1.2 tons)
- Japan (0.9 tons)
Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of fish; toothfish (dissostichus spp.), frozen, other than filletses, which decreased by -10.9% to 5.3 tons in 2022. In general, exports recorded a abrupt decline. The smallest decline of -10.9% was in 2020.
In value terms, exports of fish; toothfish (dissostichus spp.), frozen, other than filletses dropped to $47K in 2022. Over the period under review, exports showed a abrupt setback.
| Export of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 58.7 | 54.3 | 50.3 | 46.5 | -7.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 58.7 | 54.3 | 50.3 | 46.5 | -7.5% |
Top Export Markets for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets from Hong Kong SAR in 2022:
- South Korea (5.3 tons)
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