Report Update Nov 1, 2024

India - Mackerel (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

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

India: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in India

In 2021, after two years of growth, there was significant decline in the Indian preserved mackerel market, when its value decreased by -5.6% to $X. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Preserved mackerel consumption peaked at $X in 2020, and then reduced in the following year.

Preserved Mackerel Production in India

In value terms, preserved mackerel production reduced to $X in 2021 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +50.7% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Preserved mackerel production peaked at $X in 2020, and then reduced in the following year.

Preserved Mackerel Exports

Exports from India

In 2021, approx. X tons of mackerel (prepared or preserved) were exported from India; shrinking by -19.5% compared with the year before. In general, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 574%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved mackerel exports soared to $X in 2021. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 529%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), Bhutan (X tons) and the UK (X kg) were the main destinations of preserved mackerel exports from India, with a combined 82% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bhutan (with a CAGR of +187.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for mackerel (prepared or preserved) exports from India, comprising 45% of total exports. The second position in the ranking was taken by Bhutan ($X), with a 21% share of total exports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (+186.6% per year) and the UK (+17.1% per year).

Export Prices by Country

In 2021, the average preserved mackerel export price amounted to $X per ton, picking up by 64% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Mackerel Imports

Imports into India

In 2021, after seven years of growth, there was significant decline in purchases abroad of mackerel (prepared or preserved), when their volume decreased by -90.2% to X tons. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 13,200% against the previous year. Imports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, preserved mackerel imports dropped dramatically to $X in 2021. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2014 when imports increased by 15,334%. Imports peaked at $X in 2020, and then plummeted in the following year.

Imports by Country

In 2021, Thailand (X tons) was the main preserved mackerel supplier to India, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand stood at +76.1%.

In value terms, Thailand ($X) constituted the largest supplier of mackerel (prepared or preserved) to India.

From 2012 to 2021, the average annual growth rate of value from Thailand amounted to +75.5%.

Import Prices by Country

In 2021, the average preserved mackerel import price amounted to $X per ton, with an increase of 50% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +10.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mackerel (prepared or preserved) in the world?

The countries with the highest volumes of preserved mackerel consumption in 2021 were China, the United States and India, together comprising 29% of global consumption. These countries were followed by Japan, Indonesia, Bangladesh, Russia, Nigeria, Germany, Pakistan, Brazil, Norway and Egypt, which together accounted for a further 25%.

What are the largest producers of mackerel (prepared or preserved) in the world?

The country with the largest volume of preserved mackerel production was China, accounting for 19% of total volume. Moreover, preserved mackerel production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 5.7% share.

What are the leading suppliers of mackerel (prepared or preserved) to India?

In value terms, Thailand constituted the largest supplier of preserved mackerel to India.

What is the average export price for mackerel (prepared or preserved) in India?

In 2021, the average preserved mackerel export price amounted to $2,787 per ton, with a decrease of -26.6% against the previous year.

What is the average import price for mackerel (prepared or preserved) in India?

The average preserved mackerel import price stood at $2,336 per ton in 2021, rising by 50% against the previous year.

This report provides an in-depth analysis of the preserved mackerel market 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:

Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)

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
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