Asia: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Asia

For the fourth year in a row, the Asian market for dried cod, whether or not salted recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. The level of consumption peaked in 2019 and is expected to retain growth in years to come.

Production of Dried Cod, Whether Or Not Salted in Asia

In value terms, production of dried cod, whether or not salted stood at $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The level of production peaked at $X in 2014; afterwards, it flattened through to 2019.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of production of dried cod, whether or not salted, accounting for X% of total volume. Moreover, production of dried cod, whether or not salted in China exceeded the figures recorded by the second-largest producer, India (X tons), twofold. Pakistan (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Pakistan (-X% per year).

Exports of Dried Cod, Whether Or Not Salted

Exports in Asia

In 2019, approx. X tons of dried cod, whether or not salted were exported in Asia; dropping by -X% compared with the year before. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

In value terms, exports of dried cod, whether or not salted expanded markedly to $X in 2019. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. The level of export peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, China (X tons) was the major exporter of dried cod, whether or not salted, creating X% of total exports. Myanmar (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Indonesia (X%).

From 2007 to 2019, the biggest increases were in Myanmar, while shipments for the other leaders experienced a decline in the exports figures.

In value terms, China ($X) remains the largest dried cod, whether or not salted supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in China stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

In 2019, the export price for dried cod, whether or not salted in Asia amounted to $X per ton, rising by X% against the previous year. Export price indicated a slight expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, export price for dried cod, whether or not salted decreased by -X% against 2014 indices. Over the period under review, export prices hit record highs at $X per ton in 2010; however, from 2011 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced more modest paces of growth.

Imports of Dried Cod, Whether Or Not Salted

Imports in Asia

For the fourth consecutive year, Asia recorded decline in supplies from abroad of dried cod, whether or not salted, which decreased by -X% to X tons in 2019. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, imports of dried cod, whether or not salted shrank to $X in 2019. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of import peaked at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, South Korea (X tons) was the largest importer of dried cod, whether or not salted, generating X% of total imports. Democratic People's Republic of Korea (X tons) ranks second in terms of the total imports with a X% share, followed by China (X%), Japan (X%) and Macao SAR (X%). The following importers - Thailand (X tons) and Bangladesh (X tons) - each reached a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Democratic People's Republic of Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. Macao SAR, Bangladesh, China and Thailand lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the import price for dried cod, whether or not salted in Asia amounted to $X per ton, which is down by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per ton in 2018, and then declined in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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