Live Fish Price in Indonesia - 2022
Contents:
- Live Fish Price in Indonesia (FOB) - 2022
- Live Fish Price in Indonesia (CIF) - 2022
- Live Fish Exports in Indonesia
- Live Fish Imports in Indonesia
Live Fish Price in Indonesia (FOB) - 2022
In March 2022, the average live fish export price amounted to $10,892 per ton, growing by 42% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $14,767 per ton in July 2021; however, from August 2021 to March 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($62,532 per ton), while the average price for exports to China ($1,944 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in Indonesia (CIF) - 2022
In March 2022, the average live fish import price amounted to $15,420 per ton, with an increase of 36% against the previous month. Over the period under review, the import price, however, continues to indicate a mild setback. The import price peaked at $20,324 per ton in June 2021; however, from July 2021 to March 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($27,056 per ton), while the price for Colombia ($3,737 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced a decline.
Live Fish Exports in Indonesia
In 2022, overseas shipments of live fish were finally on the rise to reach 6.4K tons after two years of decline. Over the period under review, exports, however, showed a pronounced contraction.
In value terms, live fish exports totaled $61M in 2022. Overall, exports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year.
| Export of Live Fish in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.2 | 9.9 | 6.6 | 18.2 | 14.3% |
| United States | 3.3 | 3.3 | 3.7 | 9.4 | 41.8% |
| Japan | 2.9 | 3.7 | 4.4 | 4.5 | 15.8% |
| Hong Kong SAR | 26.0 | 12.4 | 18.0 | 4.0 | -46.4% |
| Philippines | 3.4 | 3.0 | 3.9 | 3.1 | -3.0% |
| Vietnam | 3.5 | 1.5 | 2.6 | 2.1 | -15.7% |
| Australia | 0.7 | 1.3 | 1.4 | 1.9 | 39.5% |
| United Kingdom | 1.1 | 1.1 | 1.6 | 1.9 | 20.0% |
| Singapore | 2.3 | 2.0 | 2.2 | 1.8 | -7.8% |
| Malaysia | 2.3 | 1.1 | 0.9 | 1.2 | -19.5% |
| Taiwan (Chinese) | 1.2 | 1.3 | 1.0 | 1.0 | -5.9% |
| Netherlands | 0.6 | 0.9 | 1.2 | 1.0 | 18.6% |
| Germany | 0.7 | 0.9 | 1.1 | 1.0 | 12.6% |
| Others | 7.6 | 7.4 | 9.1 | 9.5 | 7.7% |
| Total | 67.9 | 49.7 | 57.8 | 60.6 | -3.7% |
Top Export Markets for Live Fish from Indonesia in 2022:
- China (3213.6 tons)
- Hong Kong SAR (535.4 tons)
- United States (446.7 tons)
- Malaysia (343.4 tons)
- Vietnam (224.9 tons)
- Singapore (204.0 tons)
- United Kingdom (179.6 tons)
- Netherlands (122.3 tons)
- Germany (104.8 tons)
- Taiwan (Chinese) (100.9 tons)
- Australia (98.8 tons)
- Philippines (82.4 tons)
- Japan (66.1 tons)
Live Fish Imports in Indonesia
After three years of growth, supplies from abroad of live fish decreased by -67.4% to 84 tons in 2022. Overall, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of 257 tons, and then dropped significantly in the following year.
In value terms, live fish imports dropped dramatically to $1.9M in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of $4.1M, and then dropped remarkably in the following year.
| Import of Live Fish in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,356 | 1,870 | 2,380 | 1,503 | -13.9% |
| Thailand | 293 | 486 | 918 | 199 | -12.1% |
| Taiwan (Chinese) | 157 | 42.2 | 143 | 30.9 | -41.8% |
| Vietnam | 16.7 | 44.3 | 120 | 26.0 | 15.9% |
| Hong Kong SAR | 52.2 | 26.7 | 13.4 | 12.3 | -38.2% |
| China | 48.8 | 89.7 | 141 | 11.1 | -39.0% |
| Malaysia | 14.6 | 32.6 | 36.8 | 8.0 | -18.2% |
| United States | 50.3 | 80.9 | 48.5 | 7.0 | -48.2% |
| Others | 277 | 246 | 285 | 77.0 | -34.7% |
| Total | 3,267 | 2,919 | 4,087 | 1,874 | -16.9% |
Top Suppliers of Live Fish to Indonesia in 2022:
- Japan (52.4 tons)
- Thailand (15.8 tons)
- Vietnam (3.8 tons)
- China (2.0 tons)
- Taiwan (Chinese) (1.7 tons)
- Hong Kong SAR (1.4 tons)
- Malaysia (1.3 tons)
- United States (0.6 tons)
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