Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States - 2023
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States (CIF) - 2022
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States (FOB) - 2022
- Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States (CIF) - 2022
The average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $2,260 per ton in 2022, growing by 49% against the previous year. Overall, the import price, however, showed a slight setback. The import price peaked at $3,022 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Vietnam ($8,876 per ton), while the price for Faroe Islands ($1,735 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+17.7%), while the prices for the other major suppliers experienced a decline.
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $8,887 per ton, increasing by 78% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Curacao ($9,995 per ton), while the average price for exports to Saint Maarten (Dutch part) totaled $7,972 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Curacao (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States
Imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s into the United States fell significantly to 321 tons in 2022, with a decrease of -25.2% compared with the previous year. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of 428 tons, and then fell significantly in the following year.
In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $724K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 365 | 368 | 473 | 602 | 18.2% |
| Vietnam | N/A | 12.2 | 36.4 | 74.1 | 146.5% |
| Faroe Islands | N/A | N/A | N/A | 41.5 | 0% |
| Canada | 68.7 | 3.5 | 135 | N/A | 40.2% |
| Others | 46.5 | N/A | 4.8 | 6.9 | -47.1% |
| Total | 481 | 384 | 649 | 724 | 14.6% |
Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to the United States in 2022:
- Norway (287.6 tons)
- Faroe Islands (23.9 tons)
- Vietnam (8.3 tons)
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States
After three years of growth, shipments abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s decreased by -92.4% to 4.5 tons in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 764%.
In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s declined sharply to $40K in 2022. Over the period under review, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 730% against the previous year.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Curacao | 4.2 | N/A | N/A | 20.4 | 69.4% |
| Saint Maarten (Dutch part) | N/A | 3.8 | 3.8 | 19.7 | 127.7% |
| Japan | 27.4 | 126 | 103 | N/A | 93.9% |
| China | N/A | 110 | 132 | N/A | 20.0% |
| Bahamas | N/A | 9.7 | 8.8 | N/A | -9.3% |
| Brazil | N/A | 13.1 | 28.0 | N/A | 113.7% |
| Others | N/A | N/A | 21.1 | N/A | 0% |
| Total | 31.6 | 262 | 297 | 40.1 | 8.3% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from the United States in 2022:
- Saint Maarten (Dutch part) (2.5 tons)
- Curacao (2.0 tons)
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