Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR
  4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $7,258 per ton, which is down by -29.8% against the previous year. Overall, the import price showed a perceptible contraction. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure at $10,848 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for Japan amounted to +4.1% per year.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $6,188 per ton in 2022, waning by -11.2% against the previous year. Overall, the export price, however, continues to indicate a tangible increase. The pace of growth appeared the most rapid in 2015 an increase of 85%. Over the period under review, the average export prices attained the peak figure at $26,857 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($9,813 per ton), while the average price for exports to Israel stood at $1,968 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+8.3%).

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR

In 2022, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s into Hong Kong SAR surged to 80 tons, rising by 55% compared with the previous year's figure. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 138%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $582K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 180%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.528.1275582347.4%
Spain9.23.433.9N/A92.0%
Canada33.896.373.3N/A47.3%
Others33.362.7152N/A113.6%
Total82.819053458291.6%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Hong Kong SAR in 2022:

  1. China (80.2 tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR

In 2022, approx. 1.4 tons of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s were exported from Hong Kong SAR; growing by 15% compared with the previous year's figure. In general, exports, however, showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. As a result, the exports attained the peak of 140 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s rose to $8.7K in 2022. Overall, exports, however, saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports attained the peak of $730K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada3653267.17.4-72.7%
Israel69.035.31.21.3-73.4%
Others2033690.2N/A-96.9%
Total6377308.68.7-76.1%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Hong Kong SAR in 2022:

  1. Canada (759.0 kg)
  2. Israel (652.0 kg)

Source: IndexBox Market Intelligence Platform

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