Report Update Jan 1, 2025

India - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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India: Market for Fresh Or Chilled Anchovies 2025

Market Size for Fresh Or Chilled Anchovies in India

In 2021, the Indian fresh or chilled anchovies market increased by 9.5% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, continues to indicate a deep slump. Fresh or chilled anchovies consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Fresh Or Chilled Anchovies in India

In value terms, fresh or chilled anchovies production skyrocketed to $X in 2021 estimated in export price. Overall, production enjoyed a buoyant increase. Fresh or chilled anchovies production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Fresh Or Chilled Anchovies

Exports from India

In 2021, approx. X tons of fresh or chilled anchovieses were exported from India; rising by 25% against the year before. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 705% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, fresh or chilled anchovies exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 600% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for fresh or chilled anchovies exports from India, accounting for a 43% share of total exports. Moreover, fresh or chilled anchovies exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 7.6% share.

From 2013 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +61.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+51.2% per year) and the UK (+9.4% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for fresh or chilled anchovieses exports from India, comprising 39% of total exports. The second position in the ranking was taken by Qatar ($X), with a 19% share of total exports. It was followed by the UK, with an 11% share.

From 2013 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at +49.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+57.3% per year) and the UK (+17.0% per year).

Export Prices by Country

In 2021, the average fresh or chilled anchovies export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price showed a mild reduction. The growth pace was the most rapid in 2015 when the average export price increased by 32% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Anchovies

Imports into India

In 2021, overseas purchases of fresh or chilled anchovieses increased by 72% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 259%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, fresh or chilled anchovies imports surged to $X in 2021. Over the period under review, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 469%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Vietnam (X tons) was the main supplier of fresh or chilled anchovies to India, with a approx. 100% share of total imports.

From 2017 to 2021, the average annual rate of growth in terms of volume from Vietnam was relatively modest.

In value terms, Vietnam ($X) constituted the largest supplier of fresh or chilled anchovieses to India.

From 2017 to 2021, the average annual growth rate of value from Vietnam was relatively modest.

Import Prices by Country

In 2021, the average fresh or chilled anchovies import price amounted to $X per ton, growing by 6% against the previous year. In general, the import price saw a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 59%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2017 to 2021, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

The countries with the highest volumes of in 2021 were Oman, Morocco and Georgia, with a combined 54% share of global consumption. Italy, Peru, Croatia, Spain, Turkey, Greece, the United Arab Emirates and Germany lagged somewhat behind, together comprising a further 35%.

What are the largest producers of fresh or chilled anchovies in the world?

Oman remains the largest fresh or chilled anchovies producing country worldwide, accounting for 52% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Portugal, fourfold. Georgia ranked third in terms of total production with a 12% share.

What are the leading suppliers of fresh or chilled anchovies to India?

In value terms, South Korea $291) constituted the largest supplier of fresh or chilled anchovies to India, comprising 78% of total imports. The second position in the ranking was occupied by Brazil $82), with a 22% share of total imports.

What are the leading importers of fresh or chilled anchovies from India?

In value terms, the largest markets for fresh or chilled anchovies exported from India were Canada, the United Arab Emirates and the United States, together accounting for 69% of total exports. The UK, Saudi Arabia, Australia and Sri Lanka lagged somewhat behind, together accounting for a further 21%.

What is the average export price for fresh or chilled anchovies in India?

The average fresh or chilled anchovies export price stood at $3,394 per ton in 2015, rising by 32% against the previous year.

What is the average import price for fresh or chilled anchovies in India?

In 2020, the average fresh or chilled anchovies import price amounted to $4,494 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies in India. 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:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024