Live Fish Price in Venezuela - 2022

Contents:

  1. Live Fish Price in Venezuela (CIF) - 2022
  2. Live Fish Price in Venezuela (FOB) - 2022
  3. Live Fish Imports in Venezuela
  4. Live Fish Exports in Venezuela

Live Fish Price in Venezuela (CIF) - 2022

In 2022, the average live fish import price amounted to $38,132 per ton, reducing by -11.1% against the previous year. In general, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 89% against the previous year. The import price peaked at $42,881 per ton in 2021, and then reduced 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 Thailand ($202,567 per ton), while the price for the Philippines ($306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Live Fish Price in Venezuela (FOB) - 2022

In 2022, the average live fish export price amounted to $14,333 per ton, with an increase of 4.1% against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 80% against the previous year. As a result, the export price attained the peak level of $15,549 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($22,136 per ton), while the average price for exports to Aruba totaled $12,506 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+7.3%).

Live Fish Imports in Venezuela

In 2022, after three years of growth, there was significant decline in overseas purchases of live fish, when their volume decreased by -15.4% to 568 kg. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 671 kg, and then declined rapidly in the following year.

In value terms, live fish imports reduced remarkably to $22K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 98%. As a result, imports reached the peak of $29K, and then shrank significantly in the following year.

Import of Live Fish in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal2.23.58.56.342.0%
Thailand4.75.16.46.19.1%
United States1.82.02.62.613.0%
Indonesia0.30.30.30.2-12.6%
Philippines0.10.10.10.10.0%
China0.10.10.10.10.0%
Others2.23.510.86.342.0%
Total11.214.528.821.724.7%

Top Suppliers of Live Fish to Venezuela in 2022:

  1. Philippines (170.0 kg)
  2. United States (135.0 kg)
  3. Indonesia (91.0 kg)
  4. Portugal (62.0 kg)
  5. Thailand (30.0 kg)
  6. China (18.0 kg)

Live Fish Exports in Venezuela

In 2022, exports of live fish from Venezuela shrank notably to 439 kg, which is down by -29.9% on the previous year. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 145% against the previous year.

In value terms, live fish exports reduced remarkably to $6.3K in 2022. In general, exports recorded a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. As a result, the exports attained the peak of $8.6K, and then reduced sharply in the following year.

Export of Live Fish in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba5.43.46.85.2-1.3%
South Africa1.20.31.20.5-25.3%
Others0.40.30.70.614.5%
Total6.94.08.66.3-3.0%

Top Export Markets for Live Fish from Venezuela in 2022:

  1. Aruba (413.0 kg)
  2. South Africa (22.0 kg)

Source: IndexBox Market Intelligence Platform

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