Report Update Nov 1, 2024

China - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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China: Market for Herring, Salted Or In Brine 2024

Market Size for Herring, Salted Or In Brine in China

The Chinese market for herring, salted or in brine totaled $X in 2022, increasing by 3.8% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.5% against 2020 indices. Herring, salted or in brine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Herring, Salted Or In Brine in China

In value terms, herring, salted or in brine production expanded sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 31%. Herring, salted or in brine production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Herring, Salted Or In Brine

Exports from China

In 2017, herring, salted or in brine exports from China shrank significantly to X tons, waning by -46.5% against the previous year. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 3,048% against the previous year. As a result, the exports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, herring, salted or in brine exports dropped dramatically to $X in 2017. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 2,060%. As a result, the exports attained the peak of $X, and then declined significantly in the following year.

Exports by Country

Saint Vincent and the Grenadines (X tons) was the main destination for herring, salted or in brine exports from China, accounting for a approx. 100% share of total exports.

From 2013 to 2017, the average annual growth rate of volume to Saint Vincent and the Grenadines was relatively modest.

In value terms, Saint Vincent and the Grenadines ($X) emerged as the key foreign market for herring, salted or in brine exports from China.

From 2013 to 2017, the average annual growth rate of value to Saint Vincent and the Grenadines was relatively modest.

Export Prices by Country

In 2017, the average export price for herring, salted or in brine amounted to $X per ton, standing approx. at the previous year. Overall, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 90% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2017, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saint Vincent and the Grenadines.

From 2013 to 2017, the rate of growth in terms of prices for the United States amounted to +19.9% per year.

Imports of Herring, Salted Or In Brine

Imports into China

In 2018, purchases abroad of herring, salted or in brine decreased by -89.9% to X kg, falling for the third consecutive year after two years of growth. In general, imports showed a sharp shrinkage. The growth pace was the most rapid in 2015 with an increase of 630% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2018, the growth of imports failed to regain momentum.

In value terms, herring, salted or in brine imports declined markedly to $X in 2018. Overall, imports showed a significant contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 461% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2018, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2018, Norway (X kg) was the main herring, salted or in brine supplier to China, accounting for a approx. 100% share of total imports.

From 2014 to 2018, the average annual rate of growth in terms of volume from Norway stood at -42.1%.

In value terms, Norway ($X) constituted the largest supplier of herring, salted or in brine to China.

From 2014 to 2018, the average annual growth rate of value from Norway stood at -47.3%.

Import Prices by Country

The average import price for herring, salted or in brine stood at $X per ton in 2018, declining by -41.6% against the previous year. Over the period under review, the import price saw a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 98% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2014 to 2018, the rate of growth in terms of prices for Norway amounted to -9.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herring, salted or in brine in the world?

The country with the largest volume of herring, salted or in brine consumption was China, accounting for 20% of total volume. Moreover, herring, salted or in brine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 4.4% share.

What are the largest producers of herring, salted or in brine in the world?

China remains the largest herring, salted or in brine producing country worldwide, comprising approx. 20% of total volume. Moreover, herring, salted or in brine production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of herring, salted or in brine to China?

In value terms, Norway $834) constituted the largest supplier of herring, salted or in brine to China.

What are the leading importers of herring, salted or in brine from China?

In value terms, the United States remains the key foreign market for herring, salted or in brine exports from China, comprising 94% of total exports. The second position in the ranking was occupied by Japan, with a 5.8% share of total exports.

What is the average export price for herring, salted or in brine in China?

In 2021, the average export price for herring, salted or in brine amounted to $2,748 per ton, surging by 8% against the previous year.

What is the average import price for herring, salted or in brine in China?

The average import price for herring, salted or in brine stood at $3,390 per ton in 2021, which is down by -17.6% against the previous year.

This report provides an in-depth analysis of the market for herring, salted or in brine in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023