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