What is the price of shark fins per kilogram/pound in Japan today?
The retail price range for Japan shark fins is between US$ 58.47 and US$ 116.94 per kilogram or between US$ 26.52 and US$ 53.03 per pound(lb). Click here to see today's exact prices of shark fins in Japan
The retail price range in Yen for shark fins is between JPY 8,075.97 and JPY 16,151.93 per kilogram or between JPY 3,662.57 and JPY 7,325.14 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan shark fins is between US$ 40.93 and US$ 81.86 per kilogram or between US$ 18.56 and US$ 37.12 per pound(lb).
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Japan Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from Japan over the last five years has seen a steady decline. In 2017, the export price was 7.07 US $ per kg, followed by 5.16 US $ per kg in 2018. In 2019, the export price increased to 9.17 US $ per kg, before dropping to 6.35 US $ per kg in 2020. The export price then rose slightly to 6.95 US $ per kg in 2021, and is currently at 7.88 US $ per kg in 2022. Based on this trend, it is predicted that the export price of Shark Fins from Japan will be around 7.50 US $ per kg in 2023 and 7.00 US $ per kg in 2024.Japan Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into Japan has seen a significant decrease over the last five years. In 2016, the import price was 24.32 US dollars per kilogram, but by 2021, it had dropped to 6.95 US dollars per kilogram. This represents a decrease of 71.4%. The most significant drop in price occurred between 2018 and 2019, when the price fell from 5.16 US dollars per kilogram to 9.17 US dollars per kilogram, a decrease of 78.2%. The price has been relatively stable since then, with a slight increase from 6.35 US dollars per kilogram in 2020 to 6.95 US dollars per kilogram in 2021. Based on this trend, it is likely that the import price of Shark Fins into Japan will remain relatively stable in the next two years, with an estimated price of 7.88 US dollars per kilogram in 2023 and 7.98 US dollars per kilogram in 2024.Export values for Japan shark fins
The total values in export for shark fins in Japan were US$ 1,800, US$ 7,092, US$ 10,312 and US$ 13,003 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Japan: 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.
Japan shark fins - Production, Exports, Imports, Seasons and HS Codes
The quantity of shark fins exported by Japan in 2020 was 1,967 tons. In 2019 Japan sold 1,418 tonnes of shark fins. Through 2019 alone, the interest in Japan shark fins (fish category) has reduced, flactuating by -29.029 pc compared to the year 2018. Between 2017 and 2019, shark fins' exports went up by 41.38% netting the exporter US$13.00m for the year 2019. Japan's shark fins exports are categorised as:
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Fresh or chilled shark fins (HS code 030292)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Frozen shark fins (HS code 030392)
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Japan shark fins export values
In 2019, Japan supplied shark fins with a value of 13.00m USD, an increase of 26.07% from 2018's total shark fins export of 10.312m USD. The yearly change in value of Japan shark fins between 2017 to 2018 was 45.403 percent.
The annual/yearly variation in the quantity of Japan's shark fins exports between 2017 and 2019 was 41.38 pc in comparison to a variation of -29.029% in the period between 2018 and 2019.
Export markets for Japan shark fins ( in '000$ )
Japan ordered 9,944 tonnes of shark fins in 2019.