South-Eastern Asia: Frozen Saltwater Fish Market 2020

Frozen Saltwater Fish Market Size in South-Eastern Asia

The revenue of the frozen saltwater fish market in South-Eastern Asia amounted to $X in 2017, standing approx. at the previous year. The total market indicated a prominent expansion 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 saltwater fish consumption increased by +X% against 2013 indices. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. The level of frozen saltwater fish consumption peaked in 2017, and is expected to retain its growth in the near future.

Frozen Saltwater Fish Production in South-Eastern Asia

In 2017, frozen saltwater fish production in South-Eastern Asia totaled X tons, remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The volume of frozen saltwater fish production peaked in 2017, and is likely to continue its growth in the near future.

Frozen Saltwater Fish Exports in South-Eastern Asia

In 2017, approx. X tons of frozen whole salt water fish were exported in South-Eastern Asia; lowering by -X% against the previous year. The frozen saltwater fish exports continue to indicate a perceptible drop. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, frozen saltwater fish exports totaled $X in 2017. The frozen saltwater fish exports continue to indicate a slight decline. Over the period under review, the frozen saltwater fish exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Frozen Saltwater Fish Exports by Country in South-Eastern Asia

In 2017, Indonesia (X tons) was the main exporter for frozen whole salt water fish, making up X% of total exports. It was distantly followed by Vietnam (X tons), Thailand (X tons), Malaysia (X tons) and the Philippines (X tons), together achieving X% share of total exports. The following exporters - Myanmar (X tons) and Singapore (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to frozen saltwater fish exports from Indonesia stood at -X%. At the same time, Vietnam (+X%) and Myanmar (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Malaysia experienced a relatively flat trend pattern. By contrast, the Philippines (-X%), Thailand (-X%) and Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand, Indonesia, Singapore and the Philippines increased by X%, X%, X% and X% percentage points, while Myanmar (-X%) and Vietnam (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Indonesia, frozen saltwater fish exports declined by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and the Philippines (-X% per year).

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

In 2017, the frozen saltwater fish export price in South-Eastern Asia amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016, when the export prices increased by X% y-o-y. Over the period under review, the export prices for frozen whole salt water fish reached its maximum level in 2017, and is likely to see steady growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Singapore ($X per ton), while Malaysia ($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 Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Saltwater Fish Imports in South-Eastern Asia

In 2017, frozen saltwater fish imports in South-Eastern Asia stood at X tons, falling by -X% against the previous year. The frozen saltwater fish imports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2016, when imports increased by X% against the previous year. Over the period under review, the frozen saltwater fish imports reached its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, frozen saltwater fish imports totaled $X in 2017. The frozen saltwater fish imports continue to indicate a mild decrease. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Frozen Saltwater Fish Imports by Country in South-Eastern Asia

Thailand was the largest importer of frozen whole salt water fish in South-Eastern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2017. Vietnam (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by the Philippines (X%), Indonesia (X%) and Malaysia (X%). Singapore (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to frozen saltwater fish imports into Thailand stood at -X%. At the same time, Vietnam (+X%), the Philippines (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (-X%) illustrated a downward trend over the same period. While the share of Thailand (X%) and Singapore (X%) increased significantly in terms of the global imports from 2007-2017, the share of Malaysia (-X%), the Philippines (-X%) and Vietnam (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen saltwater fish markets worldwide were Thailand ($X), Vietnam ($X) and the Philippines ($X), with a combined X% share of total imports.

Among the main importing countries , Vietnam (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

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

In 2017, the frozen saltwater fish import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016, when the import prices increased by X% against the previous year. Over the period under review, the import prices for frozen whole salt water fish reached its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($X per ton), while Indonesia ($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 Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform