Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam (CIF) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam
  4. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam (CIF) - 2022

The average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $8,191 per ton in 2022, with a decrease of -2.9% against the previous year. In general, the import price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $8,915 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +33.2% per year.

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam (FOB) - 2022

The average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $6,833 per ton in 2022, growing by 2.2% against the previous year. In general, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs at $8,922 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($19,950 per ton), while the average price for exports to Malaysia ($5,615 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 Australia (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam

In 2022, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s into Vietnam soared to 15 tons, rising by 72% on the previous year's figure. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 444%. As a result, imports attained the peak of 36 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $120K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 412%. As a result, imports attained the peak of $300K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2.550.26.3120263.4%
China3.921.64.4N/A6.2%
United Kingdom2.410.53.1N/A13.7%
United States49.721758.2N/A8.2%
OthersN/AN/AN/AN/A0%
Total58.530072.012027.1%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Vietnam in 2022:

  1. Thailand (14.7 tons)

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam

In 2022, shipments abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s was finally on the rise to reach 9 tons after two years of decline. Overall, exports, however, showed a precipitous curtailment.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $61K in 2022. In general, exports, however, faced a precipitous contraction.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A16.90%
Malaysia7.56.41.316.830.8%
United Kingdom6.97.11.712.822.9%
United States8.36.21.110.89.2%
Netherlands1.91.60.34.028.2%
Dominican Republic35.122.43.6N/A-68.0%
Colombia10.79.72.1N/A-55.7%
Guatemala19.08.62.5N/A-63.7%
Kuwait17.59.53.9N/A-52.8%
Taiwan (Chinese)27.3N/AN/AN/A0%
HondurasN/AN/A19.8N/A0%
Others16.954.110.9N/A-19.7%
Total15112647.261.3-26.0%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Vietnam in 2022:

  1. Japan (3.0 tons)
  2. Malaysia (3.0 tons)
  3. United States (1.9 tons)
  4. United Kingdom (0.8 tons)
  5. Netherlands (0.2 tons)

Source: IndexBox Market Intelligence Platform

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