What is the price of shark fins per kilogram/pound in China today?
The retail price range for China shark fins is between US$ 3.90 and US$ 24.36 per kilogram or between US$ 1.77 and US$ 11.05 per pound(lb). Click here to see today's exact prices of shark fins in China
The retail price range in Yuan Renminbi for shark fins is between CNY 27.33 and CNY 170.79 per kilogram or between CNY 12.39 and CNY 77.46 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China shark fins is between US$ 2.73 and US$ 17.05 per kilogram or between US$ 1.24 and US$ 7.73 per pound(lb).
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China Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from China over the last five years has seen a significant decrease. In 2017, the export price was 22.13 US $ per kg, followed by 12.06 US $ per kg in 2018, 13.98 US $ per kg in 2019, 8.44 US $ per kg in 2020, and 5.00 US $ per kg in 2021. The lowest export price was recorded in 2020, with a decrease of more than 50% from the 2017 figure. It is expected that the export price of Shark Fins from China will continue to decrease in the coming years, with a predicted price of 4.83 US $ per kg in 2022 and 4.66 US $ per kg in 2023.China Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into China over the last five years has seen a significant decrease. In 2017, the price was 22.13 US dollars per kilogram, and in 2021, it had dropped to 5.00 US dollars per kilogram. This represents a decrease of 77.3%. The lowest price was in 2020, when the price was 8.44 US dollars per kilogram. This year, the price has increased slightly to 13.98 US dollars per kilogram. Looking ahead, it is predicted that the price of Shark Fins will remain relatively stable, with an estimated price of 4.83 US dollars per kilogram in 2022, and a predicted price of 4.50 US dollars per kilogram in 2023 and 2024.Export values for China shark fins
The total values in export for shark fins in China were US$ 9,079, US$ 11,109, US$ 16,479 and US$ 18,431 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in China: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of shark fins in other countries across Asia: Kazakhstan shark fins, Kyrgyzstan shark fins, Tajikistan shark fins, Turkmenistan shark fins, Uzbekistan shark fins, China shark fins, Hong Kong shark fins, Macao shark fins, North Korea shark fins & Mongolia shark fins.
China shark fins - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 1,364 tonnes of shark fins. Across 2019 alone, the interest in China shark fins (fish category) has shrunk, recording a change of -0.14641288 per cent compared to the year 2018. Between 2017 and 2019, shark fins' exports grew by 171.71% earning China US$18.43m for the year 2019. China's shark fins exports are classified as:
- Frozen shark fins (HS code 030392)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Fresh or chilled shark fins (HS code 030292)
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
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China shark fins export values
In 2019, China shipped shark fins with a value of 18.43m USD, an increment of 11.84% from 2018's total shark fins export of 16.479m USD. The yearly growth in value of China shark fins between 2017 to 2018 was 48.339%.
The annual change in the amount of China's shark fins exports between 2017 and 2019 was 171.71 per cent compared to a variation of -0.14641288% in the period between 2018 and 2019.
China's portion of the world's total shark fins' exports in 2019 was less than 1%. China is ranked position 7 in world exports of shark fins.
Export markets for China shark fins ( in '000$ )
Import/Export Trends
China is a net exporter of shark fins. The annual growth of China shark fins in value between 2015 to 2019 was 3%, per annum, while annual growth in quantity during the same period was 3%, per annum.
China brought in 46,736 tonnes of shark fins in 2019.