Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR - 2022
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR (FOB) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR (CIF) - 2022
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $2,908 per ton in 2022, shrinking by -1.9% against the previous year. Overall, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $4,170 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($3,034 per ton), while the average price for exports to Israel totaled $2,433 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR (CIF) - 2022
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $6,260 per ton in 2022, shrinking by -10.5% against the previous year. In general, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2017 an increase of 50%. As a result, import price reached the peak level of $8,173 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($7,722 per ton), while the price for Portugal ($1,744 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR
After three years of growth, shipments abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -29.2% to 80 tons in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 244%.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s declined remarkably to $234K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 279%.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | 120 | 297 | 193 | 26.8% |
| Israel | 34.6 | 11.0 | 40.0 | 41.1 | 5.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 34.6 | 131 | 337 | 234 | 89.1% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Hong Kong SAR in 2022:
- Hungary (63.6 tons)
- Israel (16.9 tons)
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR
In 2022, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were finally on the rise to reach 17 tons after two years of decline. Overall, imports, however, saw a dramatic downturn.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s skyrocketed to $105K in 2022. In general, imports, however, faced a sharp shrinkage.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 153 | 94.2 | 26.7 | 79.7 | -19.5% |
| New Zealand | 38.2 | 29.2 | 16.3 | 13.3 | -29.7% |
| France | 7.6 | 3.8 | 2.7 | 4.5 | -16.0% |
| Brazil | 4.6 | 2.4 | 2.0 | 3.1 | -12.3% |
| Portugal | 7.7 | 4.5 | 2.2 | 3.0 | -27.0% |
| Singapore | N/A | N/A | N/A | 1.2 | 0% |
| Taiwan (Chinese) | 28.6 | 8.6 | N/A | N/A | -69.9% |
| Others | 0.4 | 7.3 | 10.2 | 0.1 | -37.0% |
| Total | 240 | 150 | 60.1 | 105 | -24.1% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Hong Kong SAR in 2022:
- Spain (11.8 tons)
- Portugal (1.7 tons)
- New Zealand (1.7 tons)
- France (0.6 tons)
- Brazil (0.5 tons)
- Singapore (0.3 tons)
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