Eastern Asia: Frozen Eels Market 2022

Frozen Eels Market Size in Eastern Asia

The East Asian frozen eels market amounted to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Frozen Eels Production in Eastern Asia

In value terms, frozen eels production reduced to $X in 2017 estimated in export prices. Over the period under review, production recorded a abrupt slump. The level of production peaked at $X in 2016, and then dropped in the following year.

Production By Country in Eastern Asia

Taiwan (Chinese) (X tons) constituted the country with the largest volume of frozen eels production, accounting for X% of total volume.

In Taiwan (Chinese), frozen eels production declined by an average annual rate of -X% over the period from 2016-2017.

Frozen Eels Exports

Exports in Eastern Asia

In 2020, the amount of frozen eels exported in Eastern Asia fell notably to X tons, dropping by -X% on the year before. In general, exports, however, posted a slight increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, exports attained the peak of X tons. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, frozen eels exports contracted significantly to $X in 2020. Overall, exports, however, recorded pronounced growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China dominates frozen eels exports structure, reaching X tons, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X tons), achieving a X% share of total exports.

China was also the fastest-growing in terms of the frozen eels exports, with a CAGR of +X% from 2007 to 2020. Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China increased by +X% percentage points, while Hong Kong SAR (-X p.p.) saw their share reduced.

In value terms, China ($X) remains the largest frozen eels supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled +X%.

Export Prices by Country

The frozen eels export price in Eastern Asia stood at $X per ton in 2020, falling by -X% against the previous year. Export price indicated a temperate expansion from 2007 to 2020: its price 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, frozen eels export price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2016 when the export price increased by X% year-to-year. Over the period under review, export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per ton), while China stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR.

Frozen Eels Imports

Imports in Eastern Asia

In 2020, approx. X tons of frozen eels were imported in Eastern Asia; rising by X% on 2019. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen eels imports reduced to $X in 2020. In general, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China dominates frozen eels imports structure, reaching X tons, which was near X% of total imports in 2020. It was distantly followed by Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons), together achieving a X% share of total imports. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the frozen eels imports, with a CAGR of +X% from 2007 to 2020. Taiwan (Chinese) (-X%), Hong Kong SAR (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Japan (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen eels importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports.

In terms of the main importing countries, Taiwan (Chinese) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The frozen eels import price in Eastern Asia stood at $X per ton in 2020, shrinking by -X% against the previous year. In general, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2017 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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