South-Eastern Asia: Frozen Eels Market 2022

Frozen Eels Market Size in South-Eastern Asia

In 2020, the Southeast Asian frozen eels market decreased by -X% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Frozen Eels Production in South-Eastern Asia

In value terms, frozen eels production declined to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2017 to 2020, production growth remained at a lower figure.

Production By Country in South-Eastern Asia

The country with the largest volume of frozen eels production was Indonesia (X tons), accounting for X% of total volume. Moreover, frozen eels production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (X tons), fivefold.

From 2007 to 2020, the average annual growth rate of volume in Indonesia totaled +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Vietnam (+X% per year).

Frozen Eels Exports

Exports in South-Eastern Asia

In 2020, overseas shipments of frozen eels increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

In value terms, frozen eels exports surged to $X in 2020. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Indonesia was the major exporter of frozen eels in South-Eastern Asia, with the volume of exports recording X tons, which was approx. X% of total exports in 2020. It was distantly followed by Malaysia (X tons), generating a X% share of total exports.

Exports from Indonesia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Malaysia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Malaysia (+X p.p.) and Indonesia (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest frozen eels supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports.

In Indonesia, frozen eels exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The frozen eels export price in South-Eastern Asia stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2017 to 2020, the growth in terms of the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Malaysia ($X per ton), while Indonesia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Frozen Eels Imports

Imports in South-Eastern Asia

In 2020, overseas purchases of frozen eels increased by X% to X tons, rising for the second year in a row after six years of decline. Over the period under review, imports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. The volume of import peaked at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen eels imports surged to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

Malaysia dominates frozen eels imports structure, recording X tons, which was near X% of total imports in 2020. Thailand (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to frozen eels imports into Malaysia stood at +X%. At the same time, Thailand (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Malaysia (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported frozen eels in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Malaysia amounted to +X%.

Import Prices by Country

In 2020, the frozen eels import price in South-Eastern Asia amounted to $X per ton, waning by -X% against the previous year. Overall, the import price, however, continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2018 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per ton), while Malaysia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia.

Source: IndexBox Platform

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