Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore - 2023

Contents:

1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore (CIF) - 2022
2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore (FOB) - 2022
3. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore
4. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore (CIF) - 2022

In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $3,557 per ton, jumping by 50% against the previous year. In general, the import price, however, continues to indicate a deep setback. The import price peaked at $8,228 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($22,648 per ton), while the price for Myanmar ($1,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.5%), while the prices for the other major suppliers experienced a decline.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $2,442 per ton in 2022, flattening at the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 242%. The export price peaked at $2,870 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2,831 per ton), while the average price for exports to France ($1,802 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 Vietnam (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore

In 2022, supplies from abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses was finally on the rise to reach 993 tons after two years of decline. Overall, imports, however, showed a abrupt descent.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses surged to $3.5M in 2022. In general, imports, however, saw a deep downturn.

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Singapore in 2022:

1. Vietnam (873.2 tons)
2. Namibia (26.0 tons)
3. Yemen (20.5 tons)
4. Malaysia (18.9 tons)

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Singapore

In 2022, approx. 1.2K tons of fish; edible offal, other than shark fins, fish heads, tails and mawses were exported from Singapore; falling by -10.4% against the previous year. Over the period under review, exports, however, showed a moderate increase. The pace of growth was the most pronounced in 2021 when exports increased by 208% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then reduced in the following year.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses declined to $2.9M in 2022. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, the exports attained the peak of $3.2M, and then contracted in the following year.

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Singapore in 2022:

1. France (650.4 tons)
2. China (409.6 tons)
3. Italy (66.1 tons)
4. Malaysia (43.4 tons)

Source: IndexBox Market Intelligence Platform