Report Update Jan 1, 2025

Malaysia - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Smoked Herring Market 2025

Smoked Herring Market Size in Malaysia

The Malaysian smoked herring market fell to $X in 2022, with a decrease of -6.3% against the previous year. Overall, consumption saw a drastic downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Smoked Herring Production in Malaysia

In value terms, smoked herring production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Smoked herring production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Smoked Herring Exports

Exports from Malaysia

Smoked herring exports from Malaysia rose notably to X kg in 2016, increasing by 13% on 2015. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, smoked herring exports shrank rapidly to $X in 2016. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2015, and then shrank rapidly in the following year.

Exports by Country

Indonesia (X kg) was the main destination for smoked herring exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Indonesia was relatively modest.

In value terms, Indonesia ($X) emerged as the key foreign market for smoked herrings exports from Malaysia.

From 2013 to 2016, the average annual rate of growth in terms of value to Indonesia was relatively modest.

Export Prices by Country

The average smoked herring export price stood at $X per ton in 2016, shrinking by -45% against the previous year. Overall, the export price showed a precipitous slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2016, 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 Indonesia.

From 2013 to 2016, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Smoked Herring Imports

Imports into Malaysia

After five years of decline, purchases abroad of smoked herrings increased by 8.1% to X tons in 2022. Overall, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by 78%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, smoked herring imports expanded markedly to $X in 2022. In general, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 when imports increased by 63% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X tons) was the main supplier of smoked herring to Malaysia, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled -9.1%.

In value terms, Vietnam ($X) constituted the largest supplier of smoked herrings to Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam stood at -8.9%.

Import Prices by Country

In 2022, the average smoked herring import price amounted to $X per ton, rising by 6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 29%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +0.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global consumption. The Dominican Republic, Japan, Russia, France, Indonesia, Brazil, Bangladesh and Haiti lagged somewhat behind, together comprising a further 20%.

What are the largest producers of smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and Canada, together accounting for 46% of global production.

What are the leading suppliers of smoked herrings to Malaysia?

In value terms, Vietnam constituted the largest supplier of smoked herring to Malaysia.

What is the average export price for smoked herrings in Malaysia?

The average smoked herring export price stood at $2,441 per ton in 2016, reducing by -45% against the previous year.

What is the average import price for smoked herrings in Malaysia?

In 2021, the average smoked herring import price amounted to $4,257 per ton, rising by 8.8% against the previous year.

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

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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 2012–2024
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