China - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Export of Breaded Fish Fillets Drops by 25% to $1.3 Billion in 2023
China Battered Fish Fillet Exports
In 2023, overseas shipments of fish fillets in batter or breadcrumbs decreased by -14% to 401K tons, falling for the second consecutive year after five years of growth. In general, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 32% against the previous year. Over the period under review, the exports attained the maximum at 531K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, battered fish fillet exports fell significantly to $1.3B (IndexBox estimates) in 2023. Overall, exports, however, saw moderate growth. The most prominent rate of growth was recorded in 2018 with an increase of 28%. Over the period under review, the exports reached the maximum at $2B in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Battered Fish Fillet in China (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 284 | 290 | 286 | 234 | 242 | 282 | 312 | 420 | 529 | 510 | 381 |
| Japan | 284 | 286 | 308 | 265 | 263 | 303 | 310 | 294 | 317 | 322 | 313 |
| Mexico | 60.8 | 83.4 | 79.9 | 121 | 141 | 244 | 256 | 303 | 433 | 361 | 239 |
| Israel | 19.8 | 11.0 | 9.0 | 8.8 | 10.8 | 19.0 | 34.5 | 47.4 | 76.3 | 69.2 | 61.6 |
| South Korea | 20.3 | 17.8 | 16.8 | 21.4 | 30.3 | 38.0 | 37.4 | 40.6 | 42.5 | 45.9 | 48.7 |
| Hong Kong | 26.9 | 26.7 | 18.5 | 18.3 | 34.8 | 27.6 | 25.2 | 28.0 | 35.7 | 31.8 | 34.7 |
| Australia | 21.6 | 22.3 | 15.3 | 21.0 | 18.7 | 17.4 | 17.7 | 25.0 | 24.8 | 30.2 | 26.3 |
| Taiwan (Chinese) | 30.1 | 23.0 | 14.3 | 14.7 | 13.3 | 25.5 | 38.9 | 160 | 49.1 | 30.6 | 24.7 |
| Canada | 3.2 | 3.7 | 2.7 | 4.2 | 3.8 | 5.0 | 7.8 | 9.5 | 14.7 | 17.0 | 19.6 |
| Malaysia | 18.4 | 2.1 | 2.2 | 7.7 | 14.0 | 42.3 | 44.3 | 69.1 | 85.7 | 28.0 | 16.6 |
| Russia | 49.4 | 43.6 | 34.6 | 25.9 | 32.5 | 33.1 | 24.1 | 9.2 | 6.4 | 3.9 | 4.3 |
| Others | 77.7 | 113 | 107 | 133 | 190 | 238 | 307 | 280 | 402 | 323 | 159 |
| Total | 895 | 923 | 894 | 875 | 994 | 1,274 | 1,415 | 1,686 | 2,017 | 1,773 | 1,329 |
Exports by Country
the United States (121K tons), Mexico (80K tons) and Japan (79K tons) were the main destinations of battered fish fillet exports from China, together accounting for 70% of total exports.
From 2013 to 2023, the biggest increases were recorded for Mexico (with a CAGR of +19.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($381M), Japan ($313M) and Mexico ($239M) were the largest markets for battered fish fillet exported from China worldwide, together accounting for 70% of total exports. Israel, South Korea, Hong Kong, Australia, Taiwan (Chinese), Canada, Malaysia and Russia lagged somewhat behind, together accounting for a further 18%.
Among the main countries of destination, Canada, with a CAGR of +20.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the battered fish fillet price amounted to $3,314 per ton (FOB, China), reducing by -12.8% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 11%. As a result, the export price attained the peak level of $4,611 per ton. From 2017 to 2023, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($4,567 per ton), while the average price for exports to Costa Rica ($2,835 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the battered fish fillet market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
