Asia-Pacific: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Asia-Pacific

The Asia-Pacific frozen salmonoids market stood at $X in 2020, growing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Frozen Salmonoids Production in Asia-Pacific

In value terms, frozen salmonoids production expanded rapidly to $X in 2020 estimated in export prices. The total production indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in years to come.

Production By Country in Asia-Pacific

The countries with the highest volumes of frozen salmonoids production in 2020 were India (X tons), Pakistan (X tons) and Thailand (X tons), with a combined X% share of total production. Myanmar, the Philippines and Bangladesh lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of frozen salmonoids production, amongst the leading producing countries, was attained by the Philippines (+X% per year), while frozen salmonoids production for the other leaders experienced more modest paces of growth.

Frozen Salmonoids Exports

Exports in Asia-Pacific

Frozen salmonoids exports reduced markedly to X tons in 2020, falling by -X% against 2019. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen salmonoids exports declined significantly to $X in 2020. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The Philippines (X tons) and Pakistan (X tons) prevails in frozen salmonoids exports structure, together constituting X% of total exports. It was distantly followed by Bangladesh (X tons), generating a X% share of total exports. The following exporters - India (X tons), Taiwan (Chinese) (X tons), Japan (X tons) and China (X tons) - together made up X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Philippines (+X% per year), while exports for the other leaders experienced mixed trends in the exports figures.

In value terms, the Philippines ($X), Pakistan ($X) and Bangladesh ($X) constituted the countries with the highest levels of exports in 2020, together comprising X% of total exports.

In terms of the main exporting countries, the Philippines (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2020, the frozen salmonoids export price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports in Asia-Pacific

In 2020, purchases abroad of frozen salmonoids decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen salmonoids imports contracted remarkably to $X in 2020. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Vietnam was the largest importer of frozen salmonoids in Asia-Pacific, with the volume of imports finishing at X tons, which was near X% of total imports in 2020. Japan (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by China (X%), Taiwan (Chinese) (X%), Maldives (X%) and American Samoa (X%). Australia (X tons) followed a long way behind the leaders.

Imports into Vietnam increased at an average annual rate of +X% from 2007 to 2020. At the same time, Australia (+X%), American Samoa (+X%) and Maldives (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2020. By contrast, Taiwan (Chinese) (-X%), China (-X%) and Japan (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.), Taiwan (Chinese) (+X p.p.), Maldives (+X p.p.), American Samoa (+X p.p.), China (+X p.p.) and Australia (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the largest frozen salmonoids importing markets in Asia-Pacific were Vietnam ($X), China ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by American Samoa, Taiwan (Chinese), Australia and Maldives, which together accounted for a further X the main importing countries, Australia saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The frozen salmonoids import price in Asia-Pacific stood at $X per ton in 2020, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by American Samoa, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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