Asia: Frozen Fish Meat Market 2020

Frozen Fish Meat Market Size in Asia

The revenue of the frozen fish meat market in Asia amounted to $X in 2017, growing by X% against the previous year. The frozen fish meat consumption continues to indicate a drastic setback. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. Over the period under review, the frozen fish meat market attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Meat Production in Asia

In 2017, approx. X tons of frozen fish meat without bones (excluding fillets) were produced in Asia; rising by X% against the previous year. The frozen fish meat production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when the output figure increased by X% y-o-y. The volume of frozen fish meat production peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Meat Exports in Asia

In 2017, exports of frozen fish meat without bones (excluding fillets) in Asia amounted to X tons, shrinking by -X% against the previous year. The frozen fish meat exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2008, when exports increased by X% against the previous year. Over the period under review, the frozen fish meat exports reached its maximum volume of X tons in 2016, and then declined slightly in the following year.

In value terms, frozen fish meat exports amounted to $X in 2017. The total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the frozen fish meat exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Frozen Fish Meat Exports by Country in Asia

Vietnam was the key exporter of frozen fish meat without bones (excluding fillets) in Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by China (X tons), India (X tons) and Indonesia (X tons), together generating X% share of total exports. Thailand (X tons), Malaysia (X tons) and Pakistan (X tons) took the mild share of total exports.

Exports from Vietnam increased at an average annual rate of +X% from 2007 to 2017. At the same time, China (+X%), Indonesia (+X%), Pakistan (+X%), India (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%) illustrated a downward trend over the same period. Thailand (X%) significantly strengthened its position in terms of the global exports, while Malaysia, Indonesia, India, China and Vietnam saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Vietnam ($X) and India ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Indonesia, Thailand, Pakistan and Malaysia, which together accounted for a further X%.

Pakistan (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Fish Meat Export Prices by Country in Asia

In 2017, the frozen fish meat export price in Asia amounted to $X per ton, jumping by X% against the previous year. The frozen fish meat export price continues to indicate a temperate shrinkage. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. In that year, the export prices for frozen fish meat without bones (excluding fillets) reached their peak level of $X per ton. From 2014 to 2017, growth of the export prices for frozen fish meat without bones (excluding fillets) stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Fish Meat Imports in Asia

The imports totaled X tons in 2017, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2008, when imports increased by X% y-o-y. Over the period under review, the frozen fish meat imports attained its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, frozen fish meat imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Frozen Fish Meat Imports by Country in Asia

Japan was the main importer of frozen fish meat without bones (excluding fillets) in Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2017. It was distantly followed by South Korea (X tons), the Philippines (X tons), Taiwan, Chinese (X tons) and China (X tons), together achieving X% share of total imports. The following importers - Thailand (X tons) and Malaysia (X tons) each recorded a X% share of total imports.

Imports into Japan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, the Philippines (+X%), Taiwan, Chinese (+X%), Malaysia (+X%), China (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. Japan (X%) significantly strengthened its position in terms of the global imports, while Thailand, Malaysia, China, Taiwan, Chinese and the Philippines saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported frozen fish meat without bones (excluding fillets) in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Japan stood at -X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Taiwan, Chinese (+X% per year).

Frozen Fish Meat Import Prices by Country in Asia

The frozen fish meat import price in Asia stood at $X per ton in 2017, rising by X% against the previous year. The frozen fish meat import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, an increase of X% y-o-y. Over the period under review, the import prices for frozen fish meat without bones (excluding fillets) reached its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform