Asia: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Asia

In 2022, the Asian market for fresh or chilled salmonoids fillets was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate prominent growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Asia

In value terms, fresh or chilled salmonoids fillets production reduced to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 107%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Asia

For the sixth consecutive year, Asia recorded decline in shipments abroad of fresh or chilled salmonoids fillets, which decreased by -6% to X tons in 2022. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 when exports increased by 67%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets exports shrank to $X in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 51% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Oman (X tons), Pakistan (X tons) and India (X tons), together amounting to 84% of total export. It was distantly followed by Israel (X tons), constituting a 5.5% share of total exports. The following exporters - Singapore (X tons) and Yemen (X tons) - each recorded a 4.3% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +62.8%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Oman ($X) remains the largest fresh or chilled salmonoids fillets supplier in Asia, comprising 49% of total exports. The second position in the ranking was held by India ($X), with a 15% share of total exports. It was followed by Israel, with a 12% share.

In Oman, fresh or chilled salmonoids fillets exports contracted by an average annual rate of -6.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (-22.3% per year) and Israel (+63.4% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 43%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+13.0%), while the other leaders experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Asia

Fresh or chilled salmonoids fillets imports reduced to X tons in 2022, which is down by -2.2% compared with the year before. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 20%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets imports dropped to $X in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2016 with an increase of 23% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons), Afghanistan (X tons) and Singapore (X tons) was the main importer of fresh or chilled salmonoids fillets in Asia, committing 60% of total import. Lebanon (X tons) took a 7% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (5.9%), Bahrain (5.3%) and Palestine (5.2%).

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of +69.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported fresh or chilled salmonoids fillets in Asia, comprising 37% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 9.7% share of total imports. It was followed by Bahrain, with a 9.3% share.

In Singapore, fresh or chilled salmonoids fillets imports expanded at an average annual rate of +2.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (+13.8% per year) and Bahrain (+15.0% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, declining by -3.7% against the previous year. Overall, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 57%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+8.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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