Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore
  4. Exports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore

Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s amounted to $2,746 per ton, reducing by -21.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $3,482 per ton in 2021, and then dropped notably in the following year.

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 South Korea ($7,361 per ton), while the price for China ($2,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore (FOB) - 2022

The average export price for fish fillets; frozen, alaska pollack (theraga chalcogramma)s stood at $2,452 per ton in 2022, which is down by -14.8% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. The export price peaked at $6,186 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,575 per ton), while the average price for exports to the United Arab Emirates ($2,247 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 Hong Kong SAR (+16.1%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore

After three years of growth, supplies from abroad of fish fillets; frozen, alaska pollack (theraga chalcogramma)s decreased by -78.9% to 160 tons in 2022. Over the period under review, imports saw a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 46%.

In value terms, imports of fish fillets; frozen, alaska pollack (theraga chalcogramma)s contracted markedly to $440K in 2022. In general, imports showed a sharp decline. The growth pace was the most rapid in 2020 when imports increased by 56%.

Import of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China525345302328-14.5%
Malaysia17418.111.556.2-31.4%
South Korea19.644519223.86.7%
RussiaN/A8812,1010.3-98.2%
Thailand43298.8N/AN/A-77.1%
Others11.223.737.331.741.5%
Total1,1621,8122,645440-27.7%

Top Suppliers of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) to Singapore in 2022:

  1. China (133.9 tons)
  2. Malaysia (19.9 tons)
  3. South Korea (3.2 tons)
  4. Russia (0.1 tons)

Exports of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore

In 2022, shipments abroad of fish fillets; frozen, alaska pollack (theraga chalcogramma)s decreased by -99.7% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 5,479% against the previous year.

In value terms, exports of fish fillets; frozen, alaska pollack (theraga chalcogramma)s shrank significantly to $30K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 4,009% against the previous year.

Export of Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/AN/A0%
South KoreaN/A0.910.3N/A1044.4%
Brunei DarussalamN/AN/AN/AN/A0%
United Arab EmiratesN/AN/AN/AN/A0%
OthersN/A0.30.2N/A-33.3%
TotalN/A1.210.5N/A775.0%

Top Export Markets for Fish Fillets; Frozen, Alaska Pollack (Theraga Chalcogramma) from Singapore in 2022:

  1. United Arab Emirates (10.0 tons)
  2. Hong Kong SAR (1.4 tons)
  3. Brunei Darussalam (0.7 tons)

Source: IndexBox Market Intelligence Platform

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