Hong Kong SAR, China: Market for Frozen, Dried And Smoked Fish 2025

Market Size for Frozen, Dried And Smoked Fish in Hong Kong SAR, China

The Hong Kong market for frozen, dried and smoked fish shrank to $X in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Frozen, Dried And Smoked Fish in Hong Kong SAR, China

In value terms, frozen, dried and smoked fish production dropped notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Frozen, Dried And Smoked Fish

Exports from Hong Kong SAR, China

Frozen, dried and smoked fish exports from Hong Kong SAR shrank rapidly to X tons in 2022, dropping by X% compared with the previous year's figure. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen, dried and smoked fish exports surged to $X in 2022. Over the period under review, exports saw a abrupt contraction. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for frozen, dried and smoked fish exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, frozen, dried and smoked fish exports to South Korea exceeded the volume sent to the second major destination, Macao SAR (X tons), threefold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (X% per year) and Thailand (X% per year).

In value terms, the largest markets for frozen, dried and smoked fish exported from Hong Kong SAR were Macao SAR ($X), South Korea ($X) and China ($X), with a combined X% share of total exports. The United States, Vietnam, Ecuador, Malaysia, Thailand and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price saw a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Hong Kong SAR, China

In 2022, approx. X tons of frozen, dried and smoked fish were imported into Hong Kong SAR; shrinking by X% compared with the year before. Over the period under review, imports saw a noticeable downturn. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, frozen, dried and smoked fish imports contracted modestly to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Vietnam (X tons) and Japan (X tons) were the main suppliers of frozen, dried and smoked fish imports to Hong Kong SAR, with a combined X% share of total imports. India, Indonesia, Thailand, Norway and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of frozen, dried and smoked fish to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Japan (X% per year).

Import Prices by Country

The average import price for frozen, dried and smoked fish stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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