Fish; Live, Carp Price in the Philippines - 2022
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Fish; Live, Carp Price in the Philippines (FOB) - 2022
The average fish; live, carp export price stood at $7,432 per ton in 2022, with a decrease of -5.4% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; live, carp export price increased by +11.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 39%. The export price peaked at $10,645 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($7,901 per ton), while the average price for exports to Taiwan (Chinese) ($2,940 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 China (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Fish; Live, Carp Exports in the Philippines
In 2022, after two years of decline, there was significant growth in shipments abroad of fish; live, carps, when their volume increased by 1,698% to 689 tons. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish; live, carp exports skyrocketed to $5.1M in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish; Live, Carp in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 82.2 | 66.1 | 194 | 4,903 | 290.7% |
| Taiwan (Chinese) | 466 | 279 | 91.7 | 177 | -27.6% |
| Hong Kong SAR | 140 | 73.1 | 2.8 | 27.1 | -42.2% |
| Others | 51.0 | 12.7 | 12.4 | 13.7 | -35.5% |
| Total | 739 | 431 | 301 | 5,121 | 90.6% |
Top Export Markets for Fish; Live, Carp from the Philippines in 2022:
- China (620.5 tons)
- Taiwan (Chinese) (60.3 tons)
- Hong Kong SAR (3.6 tons)
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