Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam - 2022
Contents:
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam (CIF) - 2022
- Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam (FOB) - 2022
- Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam
- Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam (CIF) - 2022
In 2022, the average import price for fish; toothfish (dissostichus spp.), frozen, other than filletses amounted to $28,797 per ton, picking up by 7.6% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 653%. The import price peaked in 2022 and is likely to continue growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +146.7% per year.
Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam (FOB) - 2022
The average export price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $4,086 per ton in 2022, dropping by -2.1% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2020 an increase of 20%. Over the period under review, the average export prices attained the peak figure at $7,305 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($19,486 per ton), while the average price for exports to the Dominican Republic ($2,214 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 South Korea (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam
In 2022, approx. 3 tons of fish; toothfish (dissostichus spp.), frozen, other than filletses were imported into Vietnam; declining by -70.3% compared with the previous year. Over the period under review, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 236% against the previous year. As a result, imports attained the peak of 10 tons, and then reduced dramatically in the following year.
In value terms, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses shrank notably to $85K in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 289%. As a result, imports attained the peak of $267K, and then declined significantly in the following year.
| Import of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 85.2 | 0% |
| Chile | 41.7 | 40.7 | 83.0 | N/A | 41.1% |
| France | 20.7 | 13.9 | 91.9 | N/A | 110.7% |
| Others | 20.7 | 13.9 | 91.8 | N/A | 110.6% |
| Total | 83.1 | 68.5 | 267 | 85.2 | 0.8% |
Top Suppliers of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets to Vietnam in 2022:
- United States (1.1 tons)
Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam
In 2022, the amount of fish; toothfish (dissostichus spp.), frozen, other than filletses exported from Vietnam skyrocketed to 16 tons, picking up by 34% on 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year.
In value terms, exports of fish; toothfish (dissostichus spp.), frozen, other than filletses surged to $65K in 2022. Overall, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 17.7 | 12.0 | 22.9 | 32.8 | 22.8% |
| Dominican Republic | 13.0 | 9.2 | 19.2 | 20.6 | 16.6% |
| Taiwan (Chinese) | 11.5 | 1.4 | 0.5 | 8.9 | -8.2% |
| South Korea | 20.0 | 6.8 | 6.4 | 2.2 | -52.1% |
| Canada | N/A | 4.3 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.3 | 0.4 | 0.0% |
| Total | 62.6 | 33.9 | 49.4 | 65.0 | 1.3% |
Top Export Markets for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets from Vietnam in 2022:
- Dominican Republic (9.3 tons)
- Egypt (5.8 tons)
- Taiwan (Chinese) (0.5 tons)
- South Korea (0.2 tons)
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