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Pacific Fish Processing Co Ltd (PFP) was founded in 1984 and today it is one of the leaders in the market of surimi products

First quarter shows a remarkable 35% increase in exports of processed surimi products

Click on the flag for more information about Thailand THAILAND
Monday, May 13, 2019, 00:30 (GMT + 9)

Malaysia and China show an increase that somehow compensates the reduction in the USA and Hong Kong leading to a more balanced position to international prices.

Table 1: FOB price of Thai exports of surimi, 2019/2018, USD/kg

Destination

USD/kg

Variation % 2019/2018

Mar/19

Mar/18

China

3.98

3.70

+8%

Japan

3.59

3.57

+1%

United States

3.52

3.87

-9%

Hong Kong

3.70

4.01

-8%

Malasya

3.61

3.27

+10%

Canada

3.54

3.41

+4%

Source: FIS.com

Thai exports of surimi processed products in the first quarter of 2019 were 35% higher than in the same period of the previous year.

Table 2: Thai exports of processed surimi products, 2019/2018, tonnes

Destination

Tonnes

Variation % 2019/2018

Jan-Mar 2019

Jan-Mar 2018

China

684

805

-15%

Japan

661

656

+1%

Hong Kong

535

658

-19%

United States

479

712

-33%

Malasya

339

294

+15%

Sub Total (main 5)

2,698

3,125

-14%

Other

4,535

2,251

+101%

Total

7,233

5,376

+35%

Source: FIS.com 

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