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Report Southern Asia - Mackerel (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Southern Asia: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in Southern Asia

In 2021, the South Asian preserved mackerel market decreased by -12% to $X for the first time since 2014, thus ending a six-year rising trend. The total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then fell in the following year.

Preserved Mackerel Production in Southern Asia

In value terms, preserved mackerel production reduced slightly to $X in 2021 estimated in export price. The total production indicated tangible 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 +75.2% against 2014 indices. The pace of growth appeared the most rapid in 2015 with an increase of 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced slightly in the following year.

Preserved Mackerel Exports

Exports in Southern Asia

In 2021, after two years of growth, there was significant decline in overseas shipments of mackerel (prepared or preserved), when their volume decreased by -41.6% to X tons. Over the period under review, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 580% against the previous year. The volume of export peaked at X tons in 2020, and then contracted sharply in the following year.

In value terms, preserved mackerel exports shrank rapidly to $X in 2021. Overall, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by 570% against the previous year. The level of export peaked at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

The biggest shipments were from Sri Lanka (X tons), together accounting for 99% of total export.

Sri Lanka was also the fastest-growing in terms of the mackerel (prepared or preserved) exports, with a CAGR of +15.5% from 2012 to 2021. From 2012 to 2021, the share of Sri Lanka increased by +25 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) also remains the largest preserved mackerel supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in Sri Lanka totaled +13.6%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, falling by -2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 16% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Sri Lanka.

From 2012 to 2021, the rate of growth in terms of prices for Sri Lanka amounted to -1.6% per year.

Preserved Mackerel Imports

Imports in Southern Asia

Preserved mackerel imports dropped rapidly to X tons in 2021, reducing by -74.7% against 2020. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when imports increased by 335% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, preserved mackerel imports declined dramatically to $X in 2021. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 275% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of mackerel (prepared or preserved), namely Sri Lanka, represented more than two-thirds of total import.

Sri Lanka was also the fastest-growing in terms of the mackerel (prepared or preserved) imports, with a CAGR of -7.8% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) constitutes the largest market for imported mackerel (prepared or preserved) in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in Sri Lanka totaled -9.7%.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, flattening at the previous year. In general, the import price recorded a mild slump. The pace of growth appeared the most rapid in 2016 an increase of 14% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2017; however, from 2018 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 Sri Lanka.

From 2012 to 2021, the rate of growth in terms of prices for Sri Lanka amounted to -2.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of preserved mackerel consumption was India, accounting for 45% of total volume. Moreover, preserved mackerel consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, twofold. Pakistan ranked third in terms of total consumption with an 18% share.
India remains the largest preserved mackerel producing country in Southern Asia, comprising approx. 50% of total volume. Moreover, preserved mackerel production in India exceeded the figures recorded by the second-largest producer, Bangladesh, twofold. Pakistan ranked third in terms of total production with a 19% share.
In value terms, Sri Lanka remains the largest preserved mackerel supplier in Southern Asia, comprising 68% of total exports. The second position in the ranking was occupied by India, with a 31% share of total exports.
The preserved mackerel export price in Southern Asia stood at $2,752 per ton in 2021, increasing by 21% against the previous year.
The preserved mackerel import price in Southern Asia stood at $2,237 per ton in 2021, remaining stable against the previous year.

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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