Price for Smoked Fish, Incl. Fillets in Malaysia - 2021

Contents:

1. Price for Smoked Fish, Incl. Fillets in Malaysia (CIF) - 2022
2. Price for Smoked Fish, Incl. Fillets in Malaysia (FOB) - 2022
3. Imports of Smoked Fish, Incl. Fillets in Malaysia
4. Exports of Smoked Fish, Incl. Fillets in Malaysia

Price for Smoked Fish, Incl. Fillets in Malaysia (CIF) - 2022

In 2022, the average smoked fish, incl. fillets import price amounted to $1,735 per ton, with a decrease of -66.8% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 373% against the previous year. The import price peaked at $6,914 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +52.6% per year.

Price for Smoked Fish, Incl. Fillets in Malaysia (FOB) - 2022

The average smoked fish, incl. fillets export price stood at $3,792 per ton in 2022, reducing by -31.5% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 47%. The export price peaked at $9,856 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Brunei Darussalam ($4,423 per ton), while the average price for exports to the United States amounted to $2,485 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.9%).

Imports of Smoked Fish, Incl. Fillets in Malaysia

In 2022, approx. 476 tons of smoked fish, incl. fillets were imported into Malaysia; growing by 1,111% on the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, smoked fish, incl. fillets imports skyrocketed to $827K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Smoked Fish, Incl. Fillets to Malaysia in 2022:

1. Myanmar (476.3 tons)

Exports of Smoked Fish, Incl. Fillets in Malaysia

In 2022, approx. 184 tons of smoked fish, incl. fillets were exported from Malaysia; picking up by 86% on 2021. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 255%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, smoked fish, incl. fillets exports surged to $697K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 369% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Smoked Fish, Incl. Fillets from Malaysia in 2022:

1. Brunei Darussalam (123.9 tons)
2. United States (59.8 tons)

Source: IndexBox Market Intelligence Platform