Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR (CIF) - 2022
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR (FOB) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR (CIF) - 2022
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $12,128 per ton in 2022, surging by 38% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,504 per ton), while the price for China ($8,637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $23,665 per ton, growing by 94% against the previous year. Overall, the export price saw a significant increase. The growth pace was the most rapid in 2015 an increase of 295%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($23,709 per ton), while the average price for exports to Singapore stood at $23,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+30.7%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR
In 2022, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into Hong Kong SAR surged to 276 tons, growing by 29% against the previous year. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 172%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s skyrocketed to $3.3M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 113% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 375 | 1,399 | 1,229 | 1,382 | 54.5% |
| United States | N/A | 11.2 | N/A | 700 | 690.6% |
| Japan | 4.0 | 30.6 | 269 | 516 | 405.3% |
| Netherlands | 104 | 126 | 63.9 | 238 | 31.8% |
| Norway | N/A | N/A | 116 | 191 | 64.7% |
| Iceland | 9.9 | N/A | 105 | 135 | 138.9% |
| France | 59.9 | 29.8 | 30.4 | 99.5 | 18.4% |
| Others | 246 | 108 | 69.2 | 85.1 | -29.8% |
| Total | 799 | 1,705 | 1,883 | 3,347 | 61.2% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Hong Kong SAR in 2022:
- China (160.0 tons)
- United States (32.6 tons)
- Japan (32.5 tons)
- Netherlands (17.6 tons)
- Iceland (10.2 tons)
- Norway (10.1 tons)
- France (7.3 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR
In 2022, overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -60.6% to 2.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 21%. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s reduced dramatically to $60K in 2022. Overall, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 26%. As a result, the exports attained the peak of $122K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 97.1 | 108 | 78.9 | 56.7 | -16.4% |
| Singapore | N/A | N/A | N/A | 3.6 | 0% |
| China | N/A | 13.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 97.1 | 122 | 78.9 | 60.3 | -14.7% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Hong Kong SAR in 2022:
- Macao SAR (2.4 tons)
- Singapore (0.2 tons)
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