Thailand - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBattered Fish Fillet Price in Thailand - 2023
Contents:
- Battered Fish Fillet Price in Thailand (FOB) - 2023
- Battered Fish Fillet Price in Thailand (CIF) - 2023
- Battered Fish Fillet Exports in Thailand
- Battered Fish Fillet Imports in Thailand
Battered Fish Fillet Price in Thailand (FOB) - 2023
The average battered fish fillet export price stood at $4,148 per ton in September 2023, shrinking by -22.4% against the previous month. Over the period under review, the export price showed a mild decline. The growth pace was the most rapid in November 2022 when the average export price increased by 20% against the previous month. Over the period under review, the average export prices hit record highs at $5,344 per ton in August 2023, and then dropped significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($8,129 per ton), while the average price for exports to Myanmar ($2,001 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Battered Fish Fillet Price in Thailand (CIF) - 2023
The average battered fish fillet import price stood at $8,161 per ton in September 2023, surging by 20% against the previous month. Overall, import price indicated a resilient increase from September 2022 to September 2023: its price increased at an average monthly rate of +7.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, battered fish fillet import price increased by +10.0% against March 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 53% month-to-month. Over the period under review, average import prices attained the maximum in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($10,885 per ton), while the price for Vietnam ($6,134 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced a decline.
Battered Fish Fillet Exports in Thailand
After three years of growth, shipments abroad of fish fillets in batter or breadcrumbs decreased by -14.8% to 20K tons in 2022. Over the period under review, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 7.4% against the previous year.
In value terms, battered fish fillet exports expanded sharply to $97M in 2022. Overall, exports showed a relatively flat trend pattern.
| Export of Battered Fish Fillet in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 48.3 | 39.3 | 38.0 | 32.1 | -12.7% |
| United States | 14.6 | 10.9 | 13.6 | 18.1 | 7.4% |
| Australia | 8.3 | 11.0 | 9.6 | 16.2 | 25.0% |
| Jamaica | 4.6 | 7.6 | 9.0 | 4.3 | -2.2% |
| Spain | 3.5 | 1.9 | 2.9 | 3.6 | 0.9% |
| Myanmar | N/A | 3.4 | 1.6 | 3.0 | -6.1% |
| Cambodia | 2.1 | 3.8 | 2.8 | 2.8 | 10.1% |
| Taiwan (Chinese) | 3.0 | 2.5 | 2.7 | 2.2 | -9.8% |
| Lao People's Democratic Republic | 0.6 | 0.4 | 2.5 | 1.4 | 32.6% |
| Egypt | 1.2 | 0.8 | 0.5 | 1.0 | -5.9% |
| Others | 12.7 | 10.0 | 9.1 | 12.5 | -0.5% |
| Total | 99.0 | 91.5 | 92.3 | 97.2 | -0.6% |
Top Export Markets for Battered Fish Fillet from Thailand in 2022:
- Japan (5.0K tons)
- United States (2.9K tons)
- Jamaica (2.1K tons)
- Australia (1.9K tons)
- Myanmar (1.3K tons)
- Cambodia (1.1K tons)
- Spain (0.9K tons)
- Lao People's Democratic Republic (0.6K tons)
- Taiwan (Chinese) (0.5K tons)
- Egypt (0.5K tons)
Battered Fish Fillet Imports in Thailand
Battered fish fillet imports into Thailand skyrocketed to 3.7K tons in 2022, with an increase of 30% against the previous year. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, battered fish fillet imports surged to $18M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Battered Fish Fillet in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.1 | 4.4 | 3.4 | 10.2 | 110.1% |
| Vietnam | 2.7 | 2.0 | 3.8 | 6.4 | 33.3% |
| Japan | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
| Myanmar | N/A | N/A | 1.3 | 0.1 | -92.3% |
| Indonesia | 0.7 | 0.2 | 0.1 | N/A | -62.2% |
| Others | 0.6 | 0.5 | 0.4 | 0.5 | -5.9% |
| Total | 5.5 | 7.5 | 9.6 | 17.7 | 47.6% |
Top Suppliers of Battered Fish Fillet to Thailand in 2022:
- Indonesia (undefined tons)
- China (2669.1 tons)
- Vietnam (963.4 tons)
- Japan (49.8 tons)
- Myanmar (7.6 tons)
This report provides an in-depth analysis of the battered fish fillet market in Thailand. 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 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the period from November 2022 to September 2023, there was a noticeable decline in the growth of exports. The value of Battered Fish Fillet exports significantly dropped to $5.8M in September 2023.
149
In August 2023, the growth rate reached its peak with a staggering 902% increase compared to the previous month. The value of imported Preserved Anchovies, however, drastically declined to $149K in September 2023.
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Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
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During the period from November 2022 to September 2023, there was a noticeable decline in the growth of exports. The value of Battered Fish Fillet exports significantly dropped to $5.8M in September 2023.
