South-Eastern Asia: Frozen Fish Fillet Market 2020

Frozen Fish Fillet Market Size in South-Eastern Asia

The revenue of the frozen fish fillet market in South-Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The total market indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen fish fillet consumption decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2015, when market value increased by X% year-to-year. In that year, the frozen fish fillet market reached their peak level of $X. From 2016 to 2017, growth of the frozen fish fillet market failed to regain its momentum.

Frozen Fish Fillet Production in South-Eastern Asia

In 2017, the amount of frozen fish fillets produced in South-Eastern Asia amounted to X tons, approximately mirroring the previous year. The frozen fish fillet production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Over the period under review, the frozen fish fillet production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Frozen Fish Fillet Exports in South-Eastern Asia

In 2017, approx. X tons of frozen fish fillets were exported in South-Eastern Asia; stabilizing at the previous year. The frozen fish fillet exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. Over the period under review, the frozen fish fillet exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, frozen fish fillet exports stood at $X in 2017. The frozen fish fillet exports continue to indicate a perceptible deduction. Over the period under review, the frozen fish fillet exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Fillet Exports by Country in South-Eastern Asia

Vietnam dominates frozen fish fillet exports structure, amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Indonesia (X tons), mixed up X% share of total exports. Thailand (X tons) followed a long way behind the leaders.

Vietnam experienced a relatively flat trend pattern of frozen fish fillets exports. At the same time, Indonesia (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand increased by X% percentage points, while Indonesia (-X%) and Vietnam (-X%) saw their share reduced.

In value terms, Vietnam ($X) remains the largest frozen fish fillet supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In Vietnam, frozen fish fillet exports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Thailand (-X% per year).

Frozen Fish Fillet Export Prices by Country in South-Eastern Asia

In 2017, the frozen fish fillet export price in South-Eastern Asia amounted to $X per ton, going down by -X% against the previous year. The frozen fish fillet export price continues to indicate a significant setback. The pace of growth appeared the most rapid in 2014, an increase of X% against the previous year. Over the period under review, the export prices for frozen fish fillets reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Thailand ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Indonesia (-X% per year), while the other leaders experienced a decline in the export price figures.

Frozen Fish Fillet Imports in South-Eastern Asia

In 2017, approx. X tons of frozen fish fillets were imported in South-Eastern Asia; remaining constant against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. Over the period under review, the frozen fish fillet imports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, frozen fish fillet imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of imports peaked in 2017, and are likely to see steady growth in the immediate term.

Frozen Fish Fillet Imports by Country in South-Eastern Asia

Thailand was the key importer of frozen fish fillets in South-Eastern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2017. Singapore (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Vietnam (X%), Malaysia (X%) and the Philippines (X%). Indonesia (X tons) held the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports.

Thailand (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Fish Fillet Import Prices by Country in South-Eastern Asia

The frozen fish fillet import price in South-Eastern Asia stood at $X per ton in 2017, surging by X% against the previous year. The frozen fish fillet import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform