We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Eastern Asia - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Eastern Asia: Smoked Herring Market 2024

Smoked Herring Market Size in Eastern Asia

The East Asian smoked herring market fell to $X in 2022, with a decrease of -6% against the previous year. Over the period under review, consumption showed a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Smoked Herring Production in Eastern Asia

In value terms, smoked herring production reduced to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Smoked Herring Exports

Exports in Eastern Asia

Smoked herring exports skyrocketed to X tons in 2022, rising by 198% on the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,632% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, smoked herring exports surged to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 1,053% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, China (X tons) was the main exporter of smoked herrings in Eastern Asia, mixing up 100% of total export.

China was also the fastest-growing in terms of the smoked herrings exports, with a CAGR of +165.9% from 2012 to 2022. While the share of China (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest smoked herring supplier in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +185.0%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by 16% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the export price increased by 17%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.2% per year.

Smoked Herring Imports

Imports in Eastern Asia

In 2022, supplies from abroad of smoked herrings increased by 331% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 578%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, smoked herring imports surged to $X in 2022. In general, imports, however, showed a significant decline. The most prominent rate of growth was recorded in 2018 with an increase of 232%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Korea was the key importer of smoked herrings in Eastern Asia, with the volume of imports recording X tons, which was approx. 62% of total imports in 2022. It was distantly followed by Japan (X tons), constituting a 34% share of total imports. Taiwan (Chinese) (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Japan (with a CAGR of -4.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest smoked herring importing markets in Eastern Asia were South Korea ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 99% share of total imports.

Taiwan (Chinese), with a CAGR of -6.3%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, reducing by -58.2% against the previous year. Over the period under review, the import price, however, recorded pronounced growth. The growth pace was the most rapid in 2019 when the import price increased by 275% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of smoked herring consumption, accounting for 82% of total volume. Moreover, smoked herring consumption in China exceeded the figures recorded by the second-largest consumer, Japan, sevenfold. The third position in this ranking was occupied by South Korea, with a 4% share.
China remains the largest smoked herring producing country in Eastern Asia, comprising approx. 82% of total volume. Moreover, smoked herring production in China exceeded the figures recorded by the second-largest producer, Japan, sevenfold. The third position in this ranking was occupied by South Korea, with a 4% share.
In value terms, China remains the largest smoked herring supplier in Eastern Asia, comprising 96% of total exports. The second position in the ranking was occupied by Japan, with a 4.1% share of total exports.
In value terms, Hong Kong SAR constitutes the largest market for imported smoked herrings in Eastern Asia, comprising 68% of total imports. The second position in the ranking was occupied by Japan, with a 23% share of total imports.
The export price in Eastern Asia stood at $2,742 per ton in 2021, with an increase of 3.1% against the previous year.
The import price in Eastern Asia stood at $10,106 per ton in 2021, growing by 14% against the previous year.

This report provides an in-depth analysis of the smoked herring market in Eastern Asia. 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:

  • Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 301

This report provides an in-depth analysis of the smoked herring market in Asia.

U.S. - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 357

This report provides an in-depth analysis of the smoked herring market in the U.S..

China - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 294

This report provides an in-depth analysis of the smoked herring market in China.

EU - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 295

This report provides an in-depth analysis of the smoked herring market in the EU.

World - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 641

This report provides an in-depth analysis of the global smoked herring market.

Free Data: Smoked Herrings - Eastern Asia
Table
Smoked Herrings - Eastern Asia - Table
Dashboard
Smoked Herrings - Eastern Asia - Dashboard
Report
Smoked Herrings - Eastern Asia - Report