What is the price of shark fins per kilogram/pound in India today?
The retail price range for India shark fins is between US$ 4.16 and US$ 7.79 per kilogram or between US$ 1.89 and US$ 3.53 per pound(lb). Click here to see today's exact prices of shark fins in India
The retail price range in Indian Rupee for shark fins is between INR 344.93 and INR 645.11 per kilogram or between INR 156.43 and INR 292.57 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India shark fins is between US$ 2.91 and US$ 5.45 per kilogram or between US$ 1.32 and US$ 2.47 per pound(lb).
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India Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from India over the last five years has seen a significant decrease. In 2013, the price was 78.68 US dollars per kg, but by 2017, it had dropped to 18.96 US dollars per kg. This trend continued in 2018, when the price was 4.72 US dollars per kg, and in 2019, when it was 1.77 US dollars per kg. In 2020, the price increased slightly to 5.58 US dollars per kg, and in 2021, it was 5.35 US dollars per kg. Based on this data, it is likely that the export price per kilogram of Shark Fins from India will remain relatively stable in the next two years, with an estimated price of 5.35 US dollars per kg in 2023 and 5.58 US dollars per kg in 2024.India Shark Fins Import Prices - Historical, Trends and Prediction
The import price of Shark Fins into India over the last five years has seen a significant decrease. In 2017, the price was 18.96 US$ per kg, which dropped to 4.72 US$ per kg in 2018. This downward trend continued in 2019, with the price dropping to 1.77 US$ per kg. In 2020, the price increased slightly to 5.58 US$ per kg, before dropping again to 5.35 US$ per kg in 2021. Based on this trend, it is likely that the price of Shark Fins in India will continue to decrease in the coming years, with an estimated price of 3.50 US$ per kg in 2023 and 2.50 US$ per kg in 2024.Export values for India shark fins
The total values in export for shark fins in India were US$ 1,244, US$ 1,308, US$ 269 and US$ 76 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in India: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
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India shark fins - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 43 tonnes of shark fins. In 2019 alone, the interest in India shark fins (fish category) has reduced, with a change of -24.561 per cent compared to the year 2018. Between 2017 and 2019, shark fins' exports went down by -37.68 percent earning the country US$0.08m for the year 2019. India's shark fins exports are classified as:
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Frozen shark fins (HS code 030392)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Fresh or chilled shark fins (HS code 030292)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
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India shark fins export values
In 2019, India sold shark fins costing 0.08m USD, a decrease of -70.26% from 2018's total shark fins export of 0.269m USD. The yearly change in value of India shark fins between 2017 to 2018 was -79.434 pc.
The annual change in the quantity of India's shark fins exports between 2017 and 2019 was -37.68 per cent in comparison to a variation of -24.561% in the period between 2018 and 2019.
Export markets for India shark fins ( in '000$ )
India purchased 43 tonnes of shark fins in 2019.