Price for Fish; Live, Eels (Anguilla Spp.) in the Philippines - 2021
Contents:
- Price for Fish; Live, Eels (Anguilla Spp.) in the Philippines (FOB) - 2022
- Exports of Fish; Live, Eels (Anguilla Spp.) in the Philippines
Price for Fish; Live, Eels (Anguilla Spp.) in the Philippines (FOB) - 2022
The average export price for fish; live, eels (anguilla spp.)s stood at $15,403 per ton in 2022, jumping by 383% against the previous year. Overall, the export price continues to indicate a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($77,160 per ton), while the average price for exports to Japan ($10,395 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 (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fish; Live, Eels (Anguilla Spp.) in the Philippines
Fish; live, eels (anguilla spp.) exports from the Philippines fell significantly to 10 tons in 2022, declining by -94.1% compared with 2021 figures. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 3% against the previous year.
In value terms, fish; live, eels (anguilla spp.) exports fell significantly to $161K in 2022. Over the period under review, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 2.2%.
| Export of Fish; Live, Eels (Anguilla Spp.) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.6 | N/A | 0.9 | 85.0 | 421.3% |
| South Korea | 22.9 | 53.0 | 0.1 | 45.0 | 25.3% |
| Vietnam | 0.5 | 0.6 | 0.3 | 25.0 | 268.4% |
| Taiwan (Chinese) | 2.9 | 2.9 | 2.2 | 5.5 | 23.8% |
| China | 923 | 490 | 552 | N/A | -22.7% |
| Others | 0.5 | 0.4 | 2.9 | N/A | 140.8% |
| Total | 950 | 547 | 559 | 161 | -44.7% |
Top Export Markets for Fish; Live, Eels (Anguilla Spp.) from the Philippines in 2022:
- Japan (8.2 tons)
- South Korea (1.6 tons)
- Vietnam (0.3 tons)
- Taiwan (Chinese) (0.3 tons)
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