Live Fish Price in India - 2023
Contents:
- Live Fish Price in India (FOB) - 2022
- Live Fish Price in India (CIF) - 2022
- Live Fish Exports in India
- Live Fish Imports in India
Live Fish Price in India (FOB) - 2022
The average live fish export price stood at $20,506 per ton in 2022, shrinking by -18.9% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 94% against the previous year. As a result, the export price reached the peak level of $25,283 per ton, and then fell dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($43,121 per ton), while the average price for exports to Australia ($252 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 Nepal (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in India (CIF) - 2022
In 2022, the average live fish import price amounted to $17,184 per ton, jumping by 36% against the previous year. Overall, the import price showed resilient growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 114%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 Indonesia ($30,510 per ton), while the price for Singapore ($2,093 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Exports in India
In 2022, exports of live fish from India soared to 234 tons, picking up by 22% on the previous year. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, live fish exports declined slightly to $4.8M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 174%. As a result, the exports reached the peak of $4.8M, leveling off in the following year.
| Export of Live Fish in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 84.0 | 175 | 1,008 | 1,221 | 144.0% |
| Japan | 177 | 207 | 308 | 674 | 56.2% |
| Singapore | 240 | 186 | 425 | 515 | 29.0% |
| Taiwan (Chinese) | 179 | 246 | 383 | 505 | 41.3% |
| Germany | 86.7 | 70.7 | 196 | 173 | 25.9% |
| Kuwait | 40.7 | 34.8 | 61.5 | 74.5 | 22.3% |
| Bangladesh | 42.8 | 47.0 | 55.7 | 66.3 | 15.7% |
| Nepal | 4.5 | 6.8 | 33.0 | 58.9 | 135.7% |
| Hong Kong SAR | 400 | 409 | 449 | 45.2 | -51.7% |
| Australia | 1.7 | 1.7 | 1.9 | 2.2 | 9.0% |
| Others | 539 | 380 | 1,921 | 1,473 | 39.8% |
| Total | 1,795 | 1,764 | 4,842 | 4,807 | 38.9% |
Top Export Markets for Live Fish from India in 2022:
- Japan (61.3 tons)
- Bangladesh (59.3 tons)
- Germany (32.4 tons)
- Malaysia (29.9 tons)
- Singapore (12.6 tons)
- Australia (8.6 tons)
- Nepal (4.3 tons)
- Taiwan (Chinese) (4.1 tons)
- Kuwait (1.3 tons)
- Hong Kong SAR (0.4 tons)
Live Fish Imports in India
In 2022, the amount of live fish imported into India fell markedly to 104 tons, waning by -39.6% on the year before. Over the period under review, imports faced a dramatic curtailment. The smallest decline of -32.6% was in 2021.
In value terms, live fish imports declined significantly to $1.8M in 2022. In general, imports continue to indicate a abrupt decline. The smallest decline of -0.9% was in 2021.
| Import of Live Fish in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,396 | 1,139 | 841 | 937 | -12.4% |
| Indonesia | 436 | 289 | 644 | 548 | 7.9% |
| Malaysia | 104 | 79.2 | 105 | 89.5 | -4.9% |
| Taiwan (Chinese) | 15.3 | 39.9 | 74.4 | 63.3 | 60.5% |
| Japan | 95.0 | 337 | 287 | 45.3 | -21.9% |
| Singapore | 65.6 | 30.8 | 25.9 | 33.9 | -19.8% |
| Nepal | 7.8 | 9.5 | 11.0 | 11.2 | 12.8% |
| Vietnam | 8.8 | 16.7 | 1.7 | 11.0 | 7.7% |
| Bangladesh | 910 | N/A | N/A | N/A | 0% |
| Others | 173 | 253 | 183 | 46.9 | -35.3% |
| Total | 3,211 | 2,194 | 2,173 | 1,786 | -17.8% |
Top Suppliers of Live Fish to India in 2022:
- Thailand (46.3 tons)
- Indonesia (18.0 tons)
- Singapore (16.2 tons)
- Malaysia (7.2 tons)
- Taiwan (Chinese) (4.5 tons)
- Vietnam (2.8 tons)
- Nepal (2.3 tons)
- Japan (1.5 tons)
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