Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand - 2024

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand
  4. Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $2,587 per ton, declining by -5.5% against the previous year. Over the period under review, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2020 an increase of 59% against the previous year. The import price peaked at $3,283 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iceland ($2,676 per ton), while the price for Norway ($2,562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (-1.8%), while the prices for the other major suppliers experienced a decline.

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $8,220 per ton, which is down by -7% against the previous year. Overall, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 200% against the previous year. As a result, the export price reached the peak level of $8,835 per ton, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2013 to 2022, the rate of growth in terms of prices for Cambodia amounted to +34.4% per year.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand

In 2022, overseas purchases of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s were finally on the rise to reach 232 tons after two years of decline. Overall, imports, however, showed a deep reduction.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s skyrocketed to $600K in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway11119418446561.2%
Iceland576350209122-40.4%
SwedenN/AN/A8.212.248.8%
Others31.4N/AN/AN/A0%
Total718544401600-5.8%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Thailand in 2022:

  1. Norway (181.6 tons)
  2. Iceland (45.8 tons)
  3. Sweden (4.6 tons)

Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand

In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s exported from Thailand skyrocketed to 14 tons, jumping by 4,948% against 2021. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 16,489%. As a result, the exports reached the peak of 22 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s soared to $113K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 13,318% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.514.1N/A113509.1%
NorwayN/A50.9N/AN/A0%
OthersN/AN/A2.4N/A0%
Total0.564.92.4113509.1%

Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Thailand in 2022:

  1. Japan (13.8 tons)

Source: IndexBox Market Intelligence Platform

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