What is the price of shark fins per kilogram/pound in US today?
The retail price range for US shark fins is between US$ 4.77 and US$ 12.41 per kilogram or between US$ 2.16 and US$ 5.63 per pound(lb). Click here to see today's exact prices of shark fins in US
The retail price range in Euro for shark fins is between EUR 4.38 and EUR 11.38 per kilogram or between EUR 1.99 and EUR 5.16 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US shark fins is between US$ 3.34 and US$ 8.68 per kilogram or between US$ 1.51 and US$ 3.94 per pound(lb).
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US Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from the US over the last five years has seen a significant decrease. In 2017, the export price was 14.17 US $ per kg, followed by 6.92 US $ per kg in 2018, 2.68 US $ per kg in 2019, 2.79 US $ per kg in 2020, and 2.45 US $ per kg in 2021. The highest export price in the last five years was 70.83 US $ per kg in 2016. The export price in 2012 was 55.88 US $ per kg. Based on the data, it is predicted that the export price of Shark Fins in 2023 will be 2.96 US $ per kg and in 2024 will be 2.96 US $ per kg.US Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into the US over the last five years has been quite volatile. In 2016, the price was at its highest at $70.83, before dropping to $14.17 in 2017. This was followed by a further decrease to $6.92 in 2018 and $2.68 in 2019. Prices have since stabilized, with the import price per kilogram of Shark Fins in 2020 and 2021 being $2.79 and $2.45 respectively. The most recent data shows that the import price per kilogram of Shark Fins in 2022 was $2.96. Based on this trend, it is likely that the import price per kilogram of Shark Fins in 2023 and 2024 will be around $3.00 and $3.05 respectively.Export values for US shark fins
The total values in export for shark fins in US were US$ 850, US$ 1,275, US$ 2,069 and US$ 3,081 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in US: 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 North America: Canada shark fins, US shark fins, Anguilla shark fins, Antigua and Barbuda shark fins, Bermuda shark fins, Bonaire, Sint Eustatius and Saba shark fins, St.Pierre and Miquelon shark fins, United States Minor Outlying Islands shark fins, Cayman Islands shark fins & Greenland shark fins.
US shark fins - Production, Exports, Imports, Seasons and HS Codes
The amount of shark fins shipped by US in 2020 was 1,064 tons. In 2019 US exported 1,181 tonnes of shark fins. Across 2019 alone, the market for US shark fins (fish category) has gone up, with a change of 260.061 percent compared to the year 2018. Between 2017 and 2019, shark fins' exports increased by 556.11% bringing US US$3.08m for the year 2019. US' shark fins exports are classified as:
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Frozen shark fins (HS code 030392)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Fresh or chilled shark fins (HS code 030292)
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US shark fins export values
In 2019, US supplied shark fins with a value of 3.08m USD, an improvement of 48.86% from 2018's total shark fins export of 2.069m USD. The yearly growth in value of US shark fins between 2017 to 2018 was 62.275 percent.
The per year change in the quantity of US' shark fins exports between 2017 and 2019 was 556.11 pc in comparison to a variation of 260.061% in the period between 2018 and 2019.
US' share of the world's total shark fins' exports in 2019 was less than 1%. US holds position 12 in world exports of shark fins.
Export markets for US shark fins ( in '000$ )
Import/Export Trends
US is a net exporter of shark fins. The annual growth of US shark fins in value between 2015 to 2019 was -19%, per annum, while annual growth in quantity for the same period was -14%, per annum.
US procured 132 tonnes of shark fins in 2019.