Price for Fish; Edible Offal, Shark Fins in Malaysia - 2021
Contents:
- Price for Fish; Edible Offal, Shark Fins in Malaysia (FOB) - 2022
- Price for Fish; Edible Offal, Shark Fins in Malaysia (CIF) - 2022
- Exports of Fish; Edible Offal, Shark Fins in Malaysia
- Imports of Fish; Edible Offal, Shark Fins in Malaysia
Price for Fish; Edible Offal, Shark Fins in Malaysia (FOB) - 2022
The average export price for fish; edible offal, shark finses stood at $15,510 per ton in 2022, waning by -42.2% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 138%. The export price peaked at $32,166 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($52,122 per ton), while the average price for exports to Thailand ($5,879 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 Thailand (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Edible Offal, Shark Fins in Malaysia (CIF) - 2022
The average import price for fish; edible offal, shark finses stood at $14,716 per ton in 2022, declining by -28.2% against the previous year. In general, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 47%. Over the period under review, average import prices hit record highs at $61,922 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Singapore ($55,470 per ton), while the price for New Zealand ($5,646 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Edible Offal, Shark Fins in Malaysia
In 2022, shipments abroad of fish; edible offal, shark finses increased by 107% to 32 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep setback.
In value terms, fish; edible offal, shark fins exports surged to $495K in 2022. Over the period under review, exports, however, saw a dramatic curtailment.
| Export of Fish; Edible Offal, Shark Fins in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 528 | 266 | 240 | 292 | -17.9% |
| Thailand | 397 | 171 | 32.3 | 127 | -31.6% |
| Singapore | 287 | 114 | 111 | 52.2 | -43.3% |
| Others | 25.6 | 25.6 | 30.0 | 24.2 | -1.9% |
| Total | 1,238 | 577 | 413 | 495 | -26.3% |
Top Export Markets for Fish; Edible Offal, Shark Fins from Malaysia in 2022:
- Thailand (21.6 tons)
- Hong Kong SAR (7.7 tons)
- Singapore (2.0 tons)
Imports of Fish; Edible Offal, Shark Fins in Malaysia
In 2022, after two years of decline, there was significant growth in supplies from abroad of fish; edible offal, shark finses, when their volume increased by 39% to 21 tons. In general, imports, however, showed a dramatic slump.
In value terms, fish; edible offal, shark fins imports contracted slightly to $303K in 2022. Overall, imports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.2% against the previous year.
| Import of Fish; Edible Offal, Shark Fins in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 82.4 | 20.1 | 62.4 | 80.3 | -0.9% |
| Indonesia | 358 | 40.9 | 50.5 | 51.9 | -47.5% |
| New Zealand | 80.9 | 47.5 | 42.8 | 37.6 | -22.5% |
| Japan | 75.3 | 33.1 | 31.8 | 23.4 | -32.3% |
| Hong Kong SAR | 121 | 30.7 | 25.5 | 20.5 | -44.7% |
| South Korea | 149 | 20.4 | 6.6 | 18.7 | -49.9% |
| China | 37.7 | 22.1 | 19.9 | 17.5 | -22.6% |
| Philippines | 55.7 | 24.3 | 16.0 | 13.4 | -37.8% |
| Argentina | 47.0 | 17.4 | 8.9 | 9.6 | -41.1% |
| Spain | N/A | 11.3 | N/A | N/A | 0% |
| Others | 54.4 | 34.1 | 38.3 | 29.5 | -18.5% |
| Total | 1,061 | 302 | 303 | 303 | -34.1% |
Top Suppliers of Fish; Edible Offal, Shark Fins to Malaysia in 2022:
- New Zealand (6.7 tons)
- Indonesia (3.8 tons)
- Japan (2.3 tons)
- Singapore (1.4 tons)
- South Korea (1.4 tons)
- Philippines (1.1 tons)
- China (1.1 tons)
- Argentina (1.1 tons)
- Hong Kong SAR (0.4 tons)
363
This report provides an in-depth analysis of the fish parts market in Malaysia.
335
This report provides an in-depth analysis of the market for dried or smoked fish in Malaysia.
212
This report provides an in-depth analysis of the market for cod, salted or in brine in Malaysia.
223
This report provides an in-depth analysis of the market for herring, salted or in brine in Malaysia.
143
This report provides an in-depth analysis of the market for dried cod, whether or not salted in Malaysia.
729
This report provides an in-depth analysis of the market for dried or salted fish in Malaysia.
786
This report provides an in-depth analysis of the smoked salmon market in Malaysia.
553
This report provides an in-depth analysis of the smoked herring market in Malaysia.
311
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring in Malaysia.
429
This report provides an in-depth analysis of the market for fish meals and pellet in Malaysia.
41
Explore the top countries by import value for smoked salmon in 2023. Discover key statistics and market insights from IndexBox.
41
Explore the top countries by import value for smoked salmon in 2023. Discover key statistics and market insights from IndexBox.
