China - Frozen, Dried And Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen, Dried And Smoked Fish Prices in China
China Frozen, Dried And Smoked Fish Import Price in September 2022
In September 2022, the frozen, dried and smoked fish price amounted to $4,389 per ton (CIF, China), with an increase of 6.5% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 21% month-to-month. Over the period under review, average import prices attained the maximum in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Canada ($9,287 per ton), while the price for Russia ($2,599 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
China Frozen, Dried And Smoked Fish Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was frozen crustaceans ($7,141 per ton), while the price for frozen whole fish ($2,798 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by frozen fish meat (+3.4%), while the prices for the other products experienced more modest paces of growth.
China Frozen, Dried And Smoked Fish Imports
In September 2022, supplies from abroad of frozen, dried and smoked fish decreased by -13.1% to 271K tons, falling for the second consecutive month after five months of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 29% against the previous month. Over the period under review, imports reached the maximum at 315K tons in July 2022; however, from August 2022 to September 2022, imports failed to regain momentum.
In value terms, frozen, dried and smoked fish imports reduced to $1.2B (IndexBox estimates) in September 2022. Overall, total imports indicated a notable increase from January 2022 to September 2022: its value increased at an average monthly rate of +2.4% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports decreased by -7.4% against August 2022 indices. The pace of growth appeared the most rapid in July 2022 with an increase of 34% m-o-m. Imports peaked at 1.3M tons in August 2022, and then dropped in the following month.
China Frozen, Dried And Smoked Fish Imports by Type
Frozen whole fish (146K tons), frozen crustaceans (96K tons) and frozen fish fillet (13K tons) were the main products of frozen, dried and smoked fish imports to China, with a combined 94% share of total imports. Dried or smoked fish and frozen fish meat lagged somewhat behind, together comprising a further 6.1%.
From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by dried or smoked fish (with a CAGR of +14.6%), while imports for the other products experienced more modest paces of growth.
In value terms, frozen crustaceans ($689M), frozen whole fish ($407M) and frozen fish fillet ($42M) appeared to be the most imported types of frozen, dried and smoked fish in China, together comprising 96% of total imports. These products were followed by dried or smoked fish and frozen fish meat, which together accounted for a further 4.4%.
China Frozen, Dried And Smoked Fish Imports by Country
Russia (71K tons), Ecuador (55K tons) and Vietnam (32K tons) were the main suppliers of frozen, dried and smoked fish imports to China, with a combined 58% share of total imports. These countries were followed by India, the United States, Norway, Indonesia, Greenland, Canada, Malaysia and Thailand, which together accounted for a further 29%.
From January 2022 to September 2022, the biggest increases were in Thailand (with a CAGR of +6.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest frozen, dried and smoked fish suppliers to China were Ecuador ($344M), Russia ($186M) and India ($148M), with a combined 57% share of total imports. Vietnam, Norway, the United States, Canada, Thailand, Greenland, Indonesia and Malaysia lagged somewhat behind, together comprising a further 30%.
Norway, with a CAGR of +7.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for frozen, dried and smoked fish 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
- Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
- Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
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
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