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

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

For the fourth consecutive year, the Chinese market for dried cod, whether or not salted recorded growth in sales value, which increased by X% to $X in 2019. In general, the total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Consumption peaked at $X in 2014; afterwards, it flattened through to 2019.

Production of Dried Cod, Whether Or Not Salted in China

In value terms, production of dried cod, whether or not salted stood at $X in 2019 estimated in export prices. Overall, the total production indicated a buoyant expansion from 2007 to 2019: its value 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, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; afterwards, it flattened through to 2019.

Exports of Dried Cod, Whether Or Not Salted

Exports from China

In 2019, shipments abroad of dried cod, whether or not salted was finally on the rise to reach X tons after seven years of decline. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. From 2012 to 2019, the growth of exports remained at a somewhat lower figure.

In value terms, exports of dried cod, whether or not salted totaled $X in 2019. In general, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

South Korea (X tons) was the main destination for exports of dried cod, whether or not salted from China, with a X% share of total exports. Moreover, exports of dried cod, whether or not salted to South Korea exceeded the volume sent to the second major destination, Democratic People's Republic of Korea (X tons), sixfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to South Korea amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic People's Republic of Korea (-X% per year) and Japan (+X% per year).

In value terms, South Korea ($X) remains the key foreign market for dried cod, whether or not salted exports from China, comprising X% of total exports. The second position in the ranking was occupied by Democratic People's Republic of Korea ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to South Korea amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic People's Republic of Korea (-X% per year) and Japan (+X% per year).

Export Prices by Country

In 2019, the average export price for dried cod, whether or not salted amounted to $X per ton, approximately reflecting the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while the average price for exports to Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Cod, Whether Or Not Salted

Imports into China

In 2019, supplies from abroad of dried cod, whether or not salted was finally on the rise to reach X tons for the first time since 2014, thus ending a four-year declining trend. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Imports peaked at X tons in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

In value terms, imports of dried cod, whether or not salted soared to $X in 2019. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Myanmar (X tons) constituted the largest supplier of dried cod, whether or not salted to China, with a X% share of total imports. Moreover, imports of dried cod, whether or not salted from Myanmar exceeded the figures recorded by the second-largest supplier, Russia (X tons), eightfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Myanmar amounted to -X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value from Myanmar amounted to -X%.

Import Prices by Country

In 2019, the average import price for dried cod, whether or not salted amounted to $X per ton, flattening at the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 an increase of X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Russia ($X per ton), while the price for Myanmar amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox Platform

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