Indonesia: Freshwater Fish Market 2024

Freshwater Fish Market Size in Indonesia

The Indonesian freshwater fish market was estimated at $X in 2022, growing by X% against the previous year. Overall, consumption saw resilient growth. Freshwater fish consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Freshwater Fish Production in Indonesia

In value terms, freshwater fish production reduced slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Freshwater fish production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Freshwater Fish Exports

Exports from Indonesia

In 2022, approx. X tons of freshwater fish were exported from Indonesia; with a decrease of X% on the previous year's figure. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, freshwater fish exports fell modestly to $X in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Hong Kong SAR (X tons) and Singapore (X tons) were the main destinations of freshwater fish exports from Indonesia, with a combined X% share of total exports. Malaysia, the Philippines and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for freshwater fish exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average freshwater fish export price amounted to $X per ton, with an increase of X% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, freshwater fish export price increased by X% against 2019 indices. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Freshwater Fish Imports

Imports into Indonesia

In 2022, the amount of freshwater fish imported into Indonesia declined modestly to X tons, waning by X% on the previous year. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, freshwater fish imports plummeted to $X in 2022. Overall, imports recorded a significant curtailment. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), Taiwan (Chinese) (X tons) and Australia (X kg) were the main suppliers of freshwater fish imports to Indonesia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of freshwater fish to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Vietnam, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average freshwater fish import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, enjoyed significant growth. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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